Can anyone tell me why copper rounds are so much above spot?

Discussion in 'Commodity Futures' started by peilthetraveler, Aug 4, 2012.

  1. Actually I'm not even sure that Comex delivers copper in bullion form, but in copper cathodes like this. Also LCFX, I looked into the HG specs, the copper is ASTM specification B115-00, which is 99.97~99.98% purity
     
    #11     Aug 7, 2012