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Privacy Policy| SYM | HGK12 | HGN12 |
|---|---|---|
| Date | 05/22/12 | 05/22/12 |
| R2 | 354.30 | 357.25 |
| R1 | 351.55 | 352.95 |
| PIVOT | 348.95 | 349.10 |
| S1 | 346.20 | 344.80 |
| S2 | 343.60 | 340.95 |
Copper futures are hedging tools that offer price mitigation opportunities to a range of copper market participants. They also provide extensive trading opportunities as prices are sensitive to cyclical industries such as construction and industrial machinery manufacturing, as well as political situations in countries where copper mining is government-controlled.
Copper futures and options contracts are physically delivered, block-trade eligible, and can be traded off-exchange for clearing only through CME ClearPort.
Copper is a product which directly reflects the state of the world economy. The COMEX copper futures contract is used by all facets of the copper industry in the U.S. It is also the predominant benchmark throughout the value chain of raw materials to finished product.
Copper futures contracts trade in units of 25,000 pounds and are priced in cents per pound.
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Privacy PolicySEASONAL TENDENCIES ARE A COMPOSITE OF SOME OF THE MOST CONSISTENT COMMODITY FUTURES SEASONALS THAT HAVE OCCURRED IN THE PAST SEVERAL YEARS.THERE ARE USUALLY UNDERLYING, FUNDAMENTAL CIRCUMSTANCES THAT OCCUR ANNUALLY THAT TEND TO CAUSE THE FUTURES MARKETS TO REACT IN SIMILAR DIRECTIONAL MANNER DURING A CERTAIN CALENDAR YEAR.EVEN IF A SEASONAL TENDENCY OCCURS IN THE FUTURE, IT MAY NOT RESULT IN A PROFITABLE TRANSACTION AS FEES AND THE TIMING OF THE ENTRY AND LIQUIDATION MAY IMPACT ON THE RESULTS.NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT HAS IN THE PAST, OR WILL IN THE FUTURE, ACHIEVE PROFITS USING THESE RECOMMENDATIONS.NO REPRESENTATION IS BEING MADE THAT PRICE PATTERNS WILL RECUR IN THE FUTURE.
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