Historical Year Data · 2016
Copper Futures (Daily) in 2016
Copper Futures (Daily) opened 2016 at $2.07 and closed at $2.5, a +20.62% move for the year. The high of $2.69 was reached on December 5, and the low of $1.94 on January 15.
Open
$2.07
2016-01
Close
$2.5
250 data points
High
$2.69
Dec 5
Low
$1.94
Jan 15
Full Year Change
+20.62%
2015 Change
-25.12%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $2.07 | $2.06 | $2.09 | $1.94 | -0.31% |
| Feb | $2.05 | $2.13 | $2.13 | $2 | +3.75% |
| Mar | $2.14 | $2.18 | $2.29 | $2.14 | +1.87% |
| Apr | $2.16 | $2.28 | $2.28 | $2.07 | +5.46% |
| May | $2.26 | $2.1 | $2.26 | $2.06 | -7.25% |
| Jun | $2.07 | $2.19 | $2.19 | $2.03 | +5.89% |
| Jul | $2.21 | $2.22 | $2.26 | $2.12 | +0.25% |
| Aug | $2.2 | $2.07 | $2.21 | $2.07 | -5.78% |
| Sep | $2.07 | $2.2 | $2.2 | $2.07 | +6.45% |
| Oct | $2.18 | $2.2 | $2.2 | $2.08 | +0.78% |
| Nov | $2.22 | $2.62 | $2.67 | $2.22 | +17.85% |
| Dec | $2.63 | $2.5 | $2.69 | $2.47 | -5.09% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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