Calculator
2 Copper Wire Calculator
Estimate the value of 2 copper wire based on london metals exchange (lme) copper index.
#2 Copper Wire
Secondary Grade Valuation
Estimated Market Price
£3,032
Per Metric Tonne (£1.38/lb)
LME Base
£3,450
Discount
-6.5%
Net Yield
95%
Market Base
£3,450
£3100Current Market£3800
-6.5%
-£224.25 deduction
Base Formula
(LME copper spot – Secondary discount) × PurityQuality & Purity
95.0%
88%Standard: 94-96%98%
-1.0%
Extra loss for solder/paint/oxidation
#2 Wire Specifications
- Unalloyed copper wire
- Allowed: Minor oxidation, paint, solder
- Typical Purity: 94-96%
About this Calculator
Market Basis
London Metals Exchange (LME) Copper Index
Typical Value
Varies by market conditions
Pricing Formula
LME copper spot – Secondary discountReady to get started?
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