A. Domestic economic situation. It is self-evident that the commodity market is closely related to the economic situation. Especially in today's increasingly globalized economy, the commodity market is more closely related to the economy, and the price of copper is closely related to the economic situation. Copper spending is mostly associated with booming property countries, where economic conditions such as the United States, Japan and Western Europe have a greater impact on copper prices. Normally, the economic situation is good, copper needs to grow, prices rise, and vice versa. Brass plate

B. Production conditions in producing countries. Chile is the most abundant copper capital and the largest copper importer in the world. Zambia and Zaire in central Africa are also important copper producers. They almost all produce copper for import. Their production status has a great impact on the domestic copper market. The political situation in these three countries is not stable, and labor disputes often occur, which has a direct impact on copper prices. The brass strip

C. Seasonal effects. The seasonal fluctuation of copper price is obvious, with the lowest price in January and the lowest price in August. Copper strip

D. The impact of property policy. Because copper is used in electrical, electronic, construction, machinery and transportation industries, the state's property policies in these industries have a more important impact on copper prices. Brass tube

E. The price of substitutes. Copper is an important material in telecommunication property. However, due to the application and utilization of optical fibre technology, the location of copper is provoked. At the same time, metal materials such as aluminium have the same attributes with copper, which has replaced copper in most areas of utilization. The brass strip

F. The impact of inventory. Inventory is one of the most important factors affecting copper price. In divergent markets, firms will adopt divergent steps to increase or reduce inventories. In order to guarantee the materials needed for production or to accelerate the flow of funds, the huff and puff reserve will also be used to stabilize the copper market in different times. Brass rod

G. The influence of other policies and laws. Because the copper market is a domestic market and the volume of domestic trade is very large, changes in the composition of import and export policies, exchange rate system and the intensity of attacks on private transport will also have an impact on copper prices.