The international commodity markets are platforms where raw materials and primary products are traded, including metals, energy products, and agricultural commodities. Among these, base metals hold a critical position due to their widespread industrial use, financial significance, and influence on global economic activities. Base metals are non-precious metals that are commonly used in manufacturing, construction, electrical applications, and other industrial processes. They are distinct from precious metals like gold and silver, as their value is largely determined by supply-demand dynamics, industrial consumption, and macroeconomic factors rather than intrinsic rarity. On international commodity exchanges, several base metals are actively traded, and their prices are closely monitored by investors, manufacturers, and policymakers. The primary base metals include copper, aluminum, lead, zinc, nickel, and tin. Copper is one of the most actively traded base metals globally due to its extensive use in electrical wiring, construction, plumbing, electronics, and machinery. Its excellent conductivity and malleability make it indispensable in modern industrial applications. Copper is traded on multiple international exchanges, including the London Metal Exchange (LME), COMEX in the United States, and the Shanghai Futures Exchange (SHFE) in China. The price of copper often serves as a leading indicator of global economic activity because demand for copper rises significantly