Copper rose to 5.19 USD/Lbs on December 2, 2025, up 0.35% from the previous day. Over the past month, Copper's price has risen 3.22%, and is up 25.36% 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 December of 2025.

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.

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.

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).

The average annual copper price is forecast to drop by 6% y-o-y to $8,800 per ton this year. Boosting supply in the global copper ore market is to push prices down, while the global demand languishes with slowed construction activity in China.

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 2017, approx. X tons of articles of copper were imported into Ireland; going down by -X% against the previous year. In general, articles of copper imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015, an increase of X% y-o-y. Ireland imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its strength.In value terms, articles of copper imports stood at $X in 2017.

Copper Concentrate Market size was valued at USD 19.3 Billion in 2023 and is projected to reach USD 35.6 Billion by 2031, growing at a CAGR of 8.2% during the forecast period 2024-2031.

Global Copper Concentrate Market Drivers

The market drivers for the Copper Concentrate Market can be influenced by various factors. These may include:

Demand from Electric Vehicles and Renewable Energy: The increasing demand for electric vehicles (EVs) and renewable energy technologies significantly drives the copper concentrate market. As global efforts to combat climate change intensify, industries are shifting toward sustainable options, and copper's excellent conductivity makes it an essential component in EVs and solar panels. The International Energy Agency projects substantial growth in EV production, requiring vast amounts of copper for batteries and wiring. Additionally, renewable energy infrastructures like wind and solar power are also copper-intensive. This surge in demand is expected to create supply challenges, thereby impacting copper concentrate prices and market dynamics.

Infrastructure Development: Infrastructure development is a key driver of the copper concentrate market. Governments around the world have initiated large-scale infrastructure projects to bolster economic growth and employment, particularly in emerging markets. These projects, including roads, bridges, and public transportation systems, often require significant amounts of copper for electrical systems and construction materials. For instance, updated infrastructure policies in countries like the United States and China promise to increase demand for copper. Consequently, as these projects progress, the demand for copper concentrate is expected to rise, exerting upward pressure on prices and encouraging investment in mining operations.

Global Copper Concentrate Market Restraints

Several factors can act as restraints or challenges for the Copper Concentrate Market. These may include:

Environmental Regulations: The copper concentrate market faces significant constraints due to stringent environmental regulations aimed at minimizing the impact of mining and processing activities. Governments worldwide have implemented laws to reduce emissions and promote sustainable practices, leading to increased operational costs for mining companies. Processing copper concentrate generates waste and requires proper treatment due to potential pollutants such as heavy metals. Compliance with these regulations can limit production capabilities, increase capital expenditures for environmental management, and slow down project approvals. Companies must invest in cleaner technologies, which can divert funds from exploration and development, thereby restricting market growth.

Fluctuating Copper Prices: Fluctuations in global copper prices significantly restrain the copper concentrate market. Prices are influenced by geopolitical factors, supply-demand dynamics, and economic conditions, creating uncertainties for miners and traders. When prices decline, mining companies often scale back production or delay new investments, leading to reduced availability of concentrate in the market. Such volatility can deter new entrants, spooking investors during periods of low prices. Furthermore, inconsistent pricing affects long-term contracts and can create cash flow issues, complicating financial planning for businesses that rely on steady market conditions for sustainable operations.

The copper price on the London Metal Exchange (LME) stood at an average of *** U.S. cents per pound in 2024. This figure represents an increase of about nine percent in comparison to the previous year and the highest figure during the period under consideration.

LME Index rose to 4,700 Index Points on October 29, 2025, up 0.79% from the previous day. Over the past month, LME Index's price has risen 7.33%, and is up 13.22% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on December of 2025.

In Q3 2025, North America, the Copper Wire Price Index rose by 1.58% quarter-over-quarter, driven by restocking. Check detailed insights for Europe and APAC.

In 2017, approx. X tons of articles of copper were imported into the Czech Republic; coming down by -X% against the previous year. Overall, articles of copper imports continue to indicate a drastic descent. The pace of growth was the most pronounced in 2010, an increase of X% against the previous year. In that year, the articles of copper imports attained its maximum volume of X tons.

In 2017, approx. X tons of articles of copper were imported into Poland; coming down by -X% against the previous year. Overall, articles of copper imports continue to indicate a modest growth. The most prominent rate of growth was recorded in 2013, an increase of X% against the previous year. In that year, the articles of copper imports attained its maximum volume of X tons.

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...

Aluminum fell to 2,884.05 USD/T on December 2, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has fallen 0.99%, but it is still 10.42% higher than a year ago, 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 December of 2025.

In Q3 2025, North America, the Copper Sulphate Price Index rose by 0.78% quarter-over-quarter, supported by agriculture. Check detailed insights for Europe and APAC.

View monthly updates and historical trends for US Producer Price Index: Metals and Metal Products: Copper Wire Cable. from United States. Source: Bureau o…

In 2017, imports of table, kitchen, household articles and parts of copper in the UK amounted to X tons, coming down by -X% against the previous year. Overall, imports of table, kitchen, household articles and parts of copper continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2015, when the imports increased by X% from the previous year.

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.