Copper cathodes in a warehouse
Desk / Copper

Copper.

Grade A copper cathodes of LME-registered brands, delivered to warehouses, mills and wire-rod plants, in lots and full truckloads or containers.

01

What we trade

Grade A cathodes, minimum 99.99% Cu, of LME-registered brands, in bundles and full lots.

02

How we deliver

Containers and full truckloads, FOB, CIF or DAP, to LME warehouses and directly to plants.

03

Financing

Prepayment to producers, warehouse finance against warrants, letters of credit and credit-insured receivables for buyers.

Standards we contract to.

Product
Grade A copper cathodes of LME-registered brands.
Standard
LME Grade A, BS EN 1978 Cu-CATH-1, min 99.99% Cu.
Forms
Full-plate cathodes in bundles.
Lots
Full lots, full truckloads and containers.
Delivery
FOB, CIF or DAP, to LME warehouses and directly to mills and wire-rod plants.

Standards as per their current editions. The contract specification governs.

Open-pit copper mine with terraced benches and haul trucks

Levels as of Friday 28 August 2026, 17:30 CESTPublished weekly, after the Friday close.

LME Copper 3M

Basis
LME
Unit
$/mt
Reference
9,845
Week on week
+62
5-day range
9,730 – 9,902

Copper concentrate TC/RC, spot

Basis
Clean concentrate, CIF China
Unit
$/dmt, c/lb
Reference
14.80 / 1.48
Week on week
-0.60
5-day range
14.50 – 16.10

Copper concentrate TC/RC, 2026 benchmark

Basis
Annual settlement
Unit
$/dmt, c/lb
Reference
21.25 / 2.13
Week on week
5-day range
Fixed for the year

Indicative reference levels only, published weekly for orientation. They are not a quotation, not an offer, not a market data service and not investment advice. The contract specification governs.

Illustrative map of DMJ trade lanes between ports.
Illustrative trade lanes

Talk to the copper desk.

copper@dmjinvestment.ch

Contact