Copper Price Calculator

Formula

The formula to calculate the Copper Price is:

\[ \text{TCP} = \text{CPP} \times \text{W} \]

Where:

$\text{TCP}$ is the total copper price ($)
$\text{CPP}$ is the price per pound of copper ($/lb)
$\text{W}$ is the total weight of copper purchased (lbs)

What is the Average Copper Price?

The current price of copper is $4.98 per pound. The price of copper is an indicator of the global economy and is highly dependent on market supply and demand.

Example Calculation

Let's assume the following values:

Price per Pound (CPP) = $4.98
Total Weight (W) = 100 lbs

Using the formula:

\[ \text{TCP} = 4.98 \times 100 = 498.00 \, \text{\$} \]

The Total Copper Price is $498.00.