06 Jan 2022 | 16:54 UTC

Platts corrects Dec. 29 COMEX copper first position, US transaction prices

A technical systems error on Dec. 29 resulted in an incorrect price being displayed in the Dec. 29-31 editions of Metals Daily for COMEX copper first position, symbol: CMAAD10.

The correct price for Dec. 29 COMEX copper first position should have been 440.20 cents/lb. The price has been corrected in the PricePoint archive for subscribers.

The correction changed the weekly average to 442.53 cents/lb for the week of Dec. 31, and the December monthly average to 433.30 cents/lb.

Additionally, the Dec. 29 error caused a correction in the calculation of the Platts US copper transaction price, symbol MMCUT00, on that same date. The correct price for Dec. 29 should be 448.95 cents/lb.

The correct weekly average for the Platts US copper transaction price for the week of Dec. 31 should be 451.28 cents/lb, while the correct December monthly average should be 442.07 cents/lb.