Copper Market

Official German electrolytic copper listing

Year 2015 upper DEL [EUR] Reuter FX1 EUR/USD
ø January 514.01 1.1587
ø February 516.04 1.1327
ø March 561.78 1.0804
ø April 572.51 1.0779
ø May 577.20 1.1150
ø June 533.01 1.1213
ø July 509.20 1.0996
ø August 470.01 1.1135


Conductive Copper

The DEL quote reflects the buying prices for copper that purchasers of copper pay to the large international copper producers. The DEL quote consists of the following positions:
- LME quote for grade A copper and
- the sourcing premiums that are imposed by the international copper producers, the so-called "cathode premiums"

The DEL quote is a pricing index which has been approved by the Federal Cartel Authority and is monitored by a trust agency set up by the DEL quote protection association. The sources reporting include cable manufacturers as well as industrial companies and electrical distributors.
The trust agency calculates the DEL quote on every LME trading day and this is based on the LME quote per day, the premium payable and the appropriate US$/Euro exchange rate issued by the Frankfurt Foreign Currency Exchange.

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