Welcome to Sin Hong Poh Metal Trading
Best Price for Copper in Singapore
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everything you need to know about selling copper
We follow the LME price closely to ensure that our copper prices remain competitive at all times. Just like selling gold, you will not receive the actual full market value when you sell scrap copper. This is because dealers must pay a smelter, someone who melts the copper, up to a certain percent of the value to refine the metal and also many other cost like shipping and transport cost. As such, you’ll receive the balance which is still in the range of 90%** of the LME value, depending on the grade of the copper.
Click here for the past months price chart to see the latest copper price trend. Copper price fluctuates almost daily due to several factors. We have written an article that explains what factors might affect the price of copper.
(**Only applicable to the best grade of copper and copper metal only. The percentage is subject to change due to global market conditions without further notice from this site. )