Copper rose to 5.03 USD/Lbs on October 7, 2025, up 0.62% from the previous day. Over the past month, Copper's price has risen 11.84%, and is up 13.77% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on October of 2025.

In June 2025, the average monthly price for copper stood at over ***** U.S. dollars per metric ton. This is down from a monthly high exceeding ****** U.S. dollars in March 2024, which was among the highest monthly values observed in the past decade.

View monthly updates and historical trends for Copper Price. Source: World Bank. Track economic data with YCharts analytics.

This statistic depicts the average annual prices for copper from 2014 through 2026*. In 2024, the average price for copper stood at 9,142 nominal U.S. dollars per metric ton.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
    - **Manufacturers** optimize supply chains and **cost forecasts**.

    Explore more about copper investments on **Money Metals**:

    - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
    - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

After two years of growth, the Ghanian copper market decreased by -11.1% to $X in 2022. Overall, consumption saw a noticeable decline. Copper consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

In 2021, the average annual market price of copper peaked at ***** U.S. dollars per metric ton, before slightly decreasing in 2022 and 2023, when its average price was ***** U.S. dollars. Copper consumption Copper is a base metal that has a wide variety of uses, which makes it an important commodity. Equipment production generally accounts on average for one third of copper consumption, making it the largest global end use of copper. The country with the highest demand for copper as of 2022 was China, with a demand amounting to nearly ************ metric tons of copper. Following China was Europe, with a total demand of just over *********** metric tons. Copper market prices The London Metal Exchange and Comex both provide market prices for copper. In 2023, the copper price for the London Metal Exchange was about *** U.S. cents per pound. The average Comex price in 2022 was estimated to be about *** U.S. cents per pound.

In 2022, the Nigerien copper market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a significant increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

The Iranian copper market dropped slightly to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 with an increase of 9.5%. Copper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

In 2023, after two years of decline, there was growth in purchases abroad of refined copper, when their volume increased by 0.2% to 135K tons.

Copper Price in Singapore - 2022. Find the latest marketing data on the IndexBox platform.

Aluminum rose to 2,741.50 USD/T on October 7, 2025, up 0.78% from the previous day. Over the past month, Aluminum's price has risen 4.86%, and is up 6.67% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on October of 2025.

Latest Delhi scrap metal prices including Copper, Brass, Aluminium, Zinc, Lead, and more. Updated daily with market trends.

The Sri Lankan copper market skyrocketed to $X in 2022, rising by 9,158% against the previous year. Over the period under review, consumption enjoyed a strong expansion. Copper consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Nickel rose to 15,495 USD/T on October 7, 2025, up 0.19% from the previous day. Over the past month, Nickel's price has risen 2.08%, but it is still 12.75% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on October of 2025.

Lead fell to 2,008.48 USD/T on October 8, 2025, down 0.20% from the previous day. Over the past month, Lead's price has risen 1.63%, but it is still 3.25% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lead - values, historical data, forecasts and news - updated on October of 2025.

According to Cognitive Market Research, the copper market size is expected to reach USD XX Million by 2024 and is projected to grow to USD XX Million by the end of 2033, expanding at a CAGR of XX% from 2025 to 2033.

Asia-Pacific held largest share of XX% in the year 2024 
Europe held share of XX% in the year 2024 
North America held significant share of XX% in the year 2024 
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024 

Market Dynamics of Copper Industry

Key drivers

A global shift towards electrification and renewable energy is driving the market growth for the copper market.

The world's move towards electrification and renewable energy is propelling strong growth in the copper market. Copper plays a crucial role in a vast array of uses, particularly as the world ramps up the shift towards clean energy and electric vehicles (EVs). EVs use far more copper than internal combustion engine vehicles while a standard car holds approximately 23–55 kg of copper, an average battery electric vehicle employs approximately 83 kg, and electric buses need anywhere from 89 kg to as much as 369 kg, depending on battery capacity. This boom in EV manufacturing, fueled by tightening emissions regulations and government incentives, is largely responsible for driving copper demand. Apart from that, advancements in automobile technology and the growth of copper demand for charging infrastructure are also augmenting copper demand. Outside the automotive market, copper's essential role in solar and wind energy systems infrastructure and accelerated industrialization and urbanization continues to support market demand. Market demand is also aided by the high recyclability of copper, in which secondary copper is gaining ground and significantly contributing to total supply. Despite this surging demand, particularly from the EV and renewable industries, it is happening in conjunction with possible supply limitations, thus exerting upward pressure on copper prices. Consequently, the copper market is active and being influenced by growing applications and shifting supply-demand dynamics, with the world's transition towards electrification and sustainability at its centre.

Source:https://internationalcopper.org/wp-content/uploads/2017/06/2017.06-E-Mobility-Factsheet-1.pdf

Restraints

Environmental Regulations and Sustainable Mining are restricting the market growth of the copper market.

Producers of copper nowadays are confronted with increasing difficulties owing to stricter environmental legislation and greater public pressure on the mining sector. Complying with these enhanced environmental standards entails substantial investment, which in turn contributes to increased production costs. Copper mining has been known to result in severe environmental issues, including pollution of air and water, destruction of habitats, and release of toxic chemicals. A chief concern is acid mine drainage (AMD), where minerals exposed to water and oxygen react, polluting surrounding water sources and affecting ecosystems. Mining usually entails excavating enormous holes deeper than the water table and employing heavy equipment that produces dust and contaminates the air. Chemicals employed in the extraction of copper from ore can further pollute water supplies, and in others, such as Freeport's Tyrone mine, firms must continue to pump water indefinitely in order to stop seepage of contaminated water into the broader environment even after mining has ceased. Meanwhile, growing pressure exists for copper to be mined sustainably and responsibly, forcing firms to improve their environmental practices. Copper recycling has also increased, cutting down on some of the demand for newly produced copper. Overall, all these factors make it harder and costlier for the copper producers to function, as well as encourage them to look for greener and more sustainable options.

How did COVID-19 impact the Copper industry?

The COVID-19 outbreak severely disrupted the worldwide copper supply chain. Labour shortages, lower production as a result of safety regulations, and logistical difficulties in delivering copper products were among the obstacles encountered by mines and smelters. These interruptions reduced copper output, reducing the supply of refined copper for a variety of sectors.&n...

The Myanmar's copper market reduced to $X in 2022, with a decrease of -7.5% against the previous year. Overall, consumption, however, continues to indicate a prominent increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Cobalt rose to 36,470 USD/T on October 7, 2025, up 4.20% from the previous day. Over the past month, Cobalt's price has risen 9.40%, and is up 50.08% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cobalt - values, historical data, forecasts and news - updated on October of 2025.

The Bangladeshi copper market dropped to $X in 2022, reducing by -10.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a sharp slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.