Exchange-traded commodities are divided into energy, metals and industrial goods, and agricultural and livestock products. Within metals and industrial goods, copper, aluminum, nickel, zinc, tin and lead are classed as base metals1.
As an example of use, in the United States, copper and copper alloy products are used in building construction (42%), electrical and electronic products (23%) and transportation equipment (18%), according to the Copper Development Association2.
Notes
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Bank of Japan Institute for Monetary and Economic Studies, "コモディティ価格変動の特徴とプライシング・モデルの展開" (Characteristics of Commodity Price Movements and Developments in Pricing Models, in Japanese), Monetary and Economic Studies, April 2010, section 2(1), Table 1 (p. 29). ↩
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U.S. Geological Survey, "Mineral Commodity Summaries 2025", Copper, "Domestic Production and Use" paragraph. ↩