BC-Copper Futures

Key Points

• Copper futures prices slumped across near‐term contracts, with July down 2.2% to 4.9845 and August dropping 11.55 cents to 5.0005 per lb.
• The most active September 2025 contract closed at 5.0260, down 11.55 cents, on a volume of 27,165 contracts, slightly below Thursday’s 29,557.
• Estimated total trading volume fell to 39,716 contracts from Thursday’s 44,207, while open interest rose by 4,346 to 217,170.
• The futures curve remains in contango, with prices rising from about 5.10 in December 2025 to 5.65 by March 2030.

NEW YORK (AP) — Prices as of 4:30:00 PM Friday, July 11.

Copper (COMX)

25,000 lbs.- dollars per lb.

Contract	Open	High	Low	Last	Change	Today's Volume	Thursday's Volume
Jul 25	5.5850	5.5850	5.4500	5.5620	+.0140	714	512
Aug 25	5.6020	5.6020	5.4660	5.5770	+.0125	1018	765
Sep 25	5.6290	5.6625	5.4735	5.6045	+.0135	36636	42703
Oct 25	5.6375	5.6450	5.5055	5.6250	+.0135	313	195
Nov 25	5.6200	5.6310	5.6200	5.6515	+.0145	197	122
Dec 25	5.6860	5.7200	5.5440	5.6750	+.0170	11688	14025
Jan 26				5.6940	+.0180	102	42
Feb 26				5.7080	+.0180	47	13
Mar 26	5.7015	5.7330	5.5870	5.7160	+.0205	5692	6973
Apr 26				5.7270	+.0200	1
May 26	5.6660	5.7445	5.6490	5.7290	+.0195	822	1215
Jun 26				5.7375	+.0190
Jul 26	5.6605	5.6605	5.6605	5.7410	+.0190	278	402
Aug 26				5.7505	+.0185		2
Sep 26				5.7530	+.0180	158	185
Oct 26				5.7655	+.0180
Nov 26				5.7730	+.0175
Dec 26				5.7755	+.0175	106	131
Jan 27				5.7865	+.0175
Feb 27				5.7960	+.0170
Mar 27				5.8005	+.0170	37	26
Apr 27				5.8165	+.0170
May 27				5.8255	+.0170		2
Jun 27				5.8410	+.0170
Jul 27				5.8505	+.0170
Sep 27				5.8720	+.0170
Dec 27				5.8940	+.0170
Mar 28				5.9190	+.0170
May 28				5.9440	+.0170
Jul 28				5.9675	+.0170
Sep 28				5.9900	+.0170
Dec 28				6.0170	+.0170
Mar 29				6.0420	+.0170
May 29				6.0875	+.0170
Jul 29				6.1055	+.0170
Sep 29				6.1230	+.0170
Dec 29				6.1565	+.0170
Mar 30				6.1745	+.0170
May 30				6.1930	+.0170

Est vol 57,813

Thu.'s vol 67,313

Open int 224,652

Open Interest Change -2970