What type of metal is copper?
Precious Metal
Base Metal
Rare Earth Metal
Ferrous Metal
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Which exchange is a global benchmark for copper pricing?
New York Mercantile Exchange (NYMEX)
Tokyo Commodity Exchange (TOCOM)
London Metal Exchange (LME)
Chicago Mercantile Exchange (CME)
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What event involving Sumitomo Corporation is considered a significant case study in rogue trading?
The Enron Scandal
The Sumitomo Copper Scandal
The Bre-X Minerals Scandal
The Barings Bank Collapse
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What characteristic of aluminum makes it a desirable metal for various applications?
High Melting Point
Magnetic Properties
Corrosion Resistance
Low Density
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What is a key factor influencing the cost of aluminum production?
Labor Costs
Transportation Costs
Raw Material Availability
Power Consumption
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Which country is a major consumer of copper, accounting for a significant portion of global demand?
United States
India
China
Brazil
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What is the trading unit for copper on the MCX?
Troy Ounce
Metric Ton
Barrel
Pound
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What is a common trading strategy for copper and other liquid commodities, especially for short holding periods?
Fundamental Analysis
Value Investing
Technical Analysis
Arbitrage
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