Copper Price Today March 2, 2026

Updated
March 2, 2026
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Gambar Copper Price Today March 2, 2026

Jakarta, Pintu News – Copper futures prices were recorded at 6.0530 in the latest trading, down 0.0065 points or 0.11% in one day. Despite the slight correction on a daily basis, the performance of this industrial commodity still shows a positive trend in the medium to long term. Copper movement is often an indicator of global economic health due to its extensive role in the manufacturing and infrastructure sectors.

1. Current Price and Daily Movement

In the last session, copper opened at 6.015 and moved within a daily range of 5.9953 to 6.0893. The previous close was at 6.0595, indicating mild selling pressure on today’s trade. On a short-term technical basis, volatility is still moderate.

In the one-day period, the price corrected 0.11%. However, in one week, it rose 4.19% and in one month, it gained 3.92%. This shows that the daily weakness has not significantly changed the short-term trend.

2. 1-Year Performance Up 33.08%

On an annual basis, copper prices recorded an increase of around 33.08%. In the last six months, it even rose 30.44%, while in three months it strengthened 15.46%. These figures reflect industrial demand that remains strong.

In the past five years, copper rallied 43.39%. Even at the historical maximum (max), the increase reached 591.07%. This long-term trend shows the price’s sensitivity to the global economic cycle.

3. Technical Analysis: Neutral to Very Buy

The technical analysis summary shows a neutral signal on the hourly timeframe. Moving averages are also at neutral, while technical indicators tend to show mild sell signals on the very short term. This reflects the consolidation phase of the price.

But on the daily, weekly, and monthly timeframes, the technical signals are in the “Strongly Buy” category. This means that the main trend is still bullish. Investors usually combine multiple timeframes to read the market direction more comprehensively.

4. Contract Specifications and Trading Data

The copper futures contract has a size of 25,000 lbs with the base symbol HG. The tick value is listed as 12.5 with a tick size of 0.0005, while the point value is equivalent to 1 = USD 25,000. The settlement type is physical.

The last rollover date was recorded on February 22, 2026 with a contract month of 05/2026. The last trading volume was recorded as 239 contracts. This data is important for traders who take into account liquidity and contract specifications before entering the market.

5. What Does It Mean for Investors?

Copper is often dubbed as “Dr. Copper” as it is considered to reflect global economic conditions. The significant rise in the past year indicates optimism about industrial activity and infrastructure development. However, the daily correction indicates short-term profit-taking.

For commodity investors, it is important to monitor macro factors such as China’s economic growth, interest rate policy, and demand for the renewable energy sector. Fluctuations in copper can also have an indirect impact on the stock market, other commodities, and even sentiment towards riskier assets such as crypto and cryptocurrencies. A risk management-based approach remains key in dealing with commodity market volatility.

Also Read: 5 Advantages of Pegadaian Gold Deposit

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash beforeinvesting. All activities of buying and selling Bitcoin (BTC) and other crypto asset investments are the responsibility of the reader.

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