Copper

Copper wires the modern world, and traders watch its price so closely as an economic signal that they nickname it Dr. Copper. Its unmatched blend of conductivity and affordability makes it essential to electrical systems, construction, appliances and the machinery of industry, so demand for it rises and falls with global growth. The energy transition has added a powerful new source of demand: electric vehicles, wind turbines, solar farms and the grids to connect them all use far more copper than the technologies they replace, which has fueled long-term bullish forecasts. Supply is concentrated, with Chile alone producing over a third of the world's mined copper, followed by Peru and the Congo. It trades chiefly on the London Metal Exchange in dollars per tonne. Copper's price is a tug-of-war between near-term industrial demand, especially from China, and the long, structural pull of electrification.

On MyRWA, COPPER trades tokenized across 19 on-chain venues - see the listings below.