Market
Copper is priced every day, on three exchanges and in a dozen physical grades. Brassburg publishesdated market notes — snapshots with the source and timestamp attached — instead of a fake "live" ticker.
What we track
Exchange copper
LME copper (delayed), SHFE copper and COMEX copper — the benchmarks every physical contract hangs on.
China scrap grades
Bright wire (光亮线), #1 and #2 copper (一号/二号铜), brass scrap (黄杂铜) and copper granules (铜米) — the grades that feed Chinese smelters and mills.
European physical premiums
Cathode premiums over LME (Rotterdam), billet and brass semi pricing — where the real tightness shows up first.
How to read our notes
Exchange prices are delayed and shown for reference only. Scrap and premium figures are market indications collected from trade sources on the stated date, not executable quotes. When we cite a number, we name the source.
Latest market notes
Europe's Copper Premiums Just Hit Record Highs. The Metal Isn't the Story — Certainty Is
Aurubis set its 2027 European cathode premium at $347/t and Codelco at $350/t — both records, while Rotterdam spot trades lower. Buyers are not paying for copper; they are paying for guaranteed delivery.