Copper rose to 4.45 USD/Lbs on August 22, 2025, up 0.23% from the previous day. Over the past month, Copper's price has fallen 23.43%, but it is still 5.96% higher than a year ago, 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 August 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.

Australia Commodity Price Index: Weights: Base Metals: Copper data was reported at 2.800 % in Feb 2013. This stayed constant from the previous number of 2.800 % for Jan 2013. Australia Commodity Price Index: Weights: Base Metals: Copper data is updated monthly, averaging 2.800 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 2.800 % in Feb 2013 and a record low of 1.800 % in Aug 2009. Australia Commodity Price Index: Weights: Base Metals: Copper data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

The Australian copper market fell modestly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption showed a noticeable setback. Copper consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Copper Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.

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).

Refined Copper Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.

Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data was reported at 249.000 1998-1999=100 in Jun 2012. This records an increase from the previous number of 243.500 1998-1999=100 for Mar 2012. Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data is updated quarterly, averaging 123.850 1998-1999=100 from Sep 1985 (Median) to Jun 2012, with 108 observations. The data reached an all-time high of 279.800 1998-1999=100 in Sep 2011 and a record low of 62.300 1998-1999=100 in Dec 1985. Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I028: Producer Price Index: 1989-90=100: ANZSIC 2006: Input to the Manufacturing Industry.

Australia BHP: Average Realized Price: Copper data was reported at 3.120 USD/lb in Jun 2018. This records a decrease from the previous number of 3.200 USD/lb for Dec 2017. Australia BHP: Average Realized Price: Copper data is updated semiannually, averaging 2.980 USD/lb from Jun 2013 (Median) to Jun 2018, with 11 observations. The data reached an all-time high of 3.400 USD/lb in Jun 2013 and a record low of 2.120 USD/lb in Dec 2015. Australia BHP: Average Realized Price: Copper data remains active status in CEIC and is reported by BHP Billiton Group. The data is categorized under World Trend Plus’s Top Company: Metal and Mining: Asia Excluding China – Table WB.AT003: BHP Billiton Group (BHP): Operational Data.

Exports - Copper Ores & Concentrates, Copper Mattes & Cement Copper in Australia increased to 396 AUD Million in February from 297 AUD Million in January of 2024. This dataset includes a chart with historical data for Australia Exp - Copper Ores & Concentrates, Copper Mattes &.

Copper tube and wire manufacturers are navigating a challenging landscape of intense competition and volatile prices. Major local producers are leveraging economies of scale to contend with mounting import penetration from foreign manufacturers that can offer competitive prices due to their lower production costs. Industry revenue elevated at an annualised 2.9% over the five years through 2024-25 to $755.2 million. This five year uptrend is primarily due to performance and demand recovery from the pandemic. High import penetration has dictated profit margins, limiting many manufacturers’ scope to pass on elevated copper prices to buyers, particularly in 2021-22, where copper prices rose to decade level highs on the back of the revival of the housing and manufacturing sector post-pandemic. More recently, global copper prices have declined, particularly in 2022, contributing to lower annual revenue for copper tube and wire manufacturers. A global transition towards green energy has positioned the industry at a critical junction. Surging demand for renewable infrastructure, including solar photovoltaic systems, electric vehicles and charging stations, is poised to significantly boost global copper consumption. Government initiatives, like Australia's removal of EV tariffs, are supporting EV production, driving new demand streams for copper products used in producing these vehicles. These developments are reshaping downstream manufacturing markets, presenting a critical opportunity for copper tube and wire manufacturers to expand their market share. The Copper Tube and Wire Manufacturing industry faces significant pressure from substitutes, particularly aluminium. Aluminium’s cost-effectiveness makes it an attractive alternative, particularly in the rapidly expanding electric vehicle manufacturing market, but also in industrial, electrical and automotive applications. Industry manufacturers must continuously innovate and explore new market opportunities to maintain their competitive edge and mitigate the potential for substitute materials to erode demand. Overall, revenue is forecast to drop at an annualised 0.1% through the end of 2029-30 to $750.0 million.

In February 2023, the refined copper price stood at $8,572 per ton (FOB, Australia), rising by 6.2% against the previous month.

Cobalt traded flat at 33,335 USD/T on August 21, 2025. Over the past month, Cobalt's price has remained flat, but it is still 33.88% higher than a year ago, 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 August of 2025.

The Copper, Silver, Lead and Zinc Smelting and Refining industry is facing severe profitability challenges, as global oversupply conditions and rising competition from China’s expanding processing capacity have led to record-low refining fees. These low fees have significantly narrowed margins, particularly for firms dependent on a third-party ore supply, forcing major operators like Glencore and Nyrstar to warn of closures and large financial losses in the absence of government support. At the same time, rising energy and operational costs, alongside declining output of key products, are pushing profit margins to multi-year lows. In contrast, BHP has strengthened its market position by acquiring OZ Minerals and consolidating copper production, while strong global commodity prices have lifted export values, partially offsetting weaker domestic performance and ongoing industry pressures. Overall, industry revenue is expected to climb at an annualised 2.0% over the five years through 2025-26, to an estimated $5.4 billion. Industry revenue is anticipated to fall 3.4% in 2025-26 as refining fees weaken. Industry exports are estimated to total $10.1 billion in 2025-26, which is substantially higher than industry revenue. Industry refineries often process metal for a fee without taking ownership of it, with exports of this processed metal counted in industry exports. The industry’s long-term outlook increasingly depends on direct government support, as financial pressures from rising energy costs, low global refining charges and international competition threaten domestic operations’ viability. Recent and proposed government interventions, like bailout packages for companies like Nyrstar and ongoing support discussions with Glencore, are aimed at preserving jobs, critical infrastructure and regional economic activity. Strong global demand for copper, driven by the transition to electric vehicles and continued infrastructure investment, is forecast to support industry revenue growth, with expansions in copper mining and processing positioning this segment to outperform others. Amid these changes, major players are accelerating investments in renewable energy and decarbonisation, reflecting a broader industry shift towards more sustainable production in response to environmental priorities and policy incentives. Revenue is forecast to climb at an annualised 1.1% over the five years through 2030-31, to an estimated $5.7 billion.

The copper market in Australia and Oceania contracted modestly to $X in 2022, flattening at the previous year. In general, consumption showed a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

16205 Global import shipment records of Copper Cable with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

China CMOC: C1 Cash Cost: Copper: Australia data was reported at 1.190 USD/lb in Mar 2018. This records an increase from the previous number of 0.920 USD/lb for Dec 2017. China CMOC: C1 Cash Cost: Copper: Australia data is updated quarterly, averaging 0.690 USD/lb from Mar 2014 (Median) to Mar 2018, with 17 observations. The data reached an all-time high of 1.190 USD/lb in Mar 2018 and a record low of 0.530 USD/lb in Jun 2014. China CMOC: C1 Cash Cost: Copper: Australia data remains active status in CEIC and is reported by China Molybdenum Company Limited. The data is categorized under World Trend Plus’s Top Company: Metal and Mining: China – Table WB.CT003: China Molybdenum Company Limited (CMOC): Operational Data.

Lead rose to 1,995.48 USD/T on August 22, 2025, up 1.11% from the previous day. Over the past month, Lead's price has fallen 1.85%, and is down 5.74% compared to the same time last year, 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 August of 2025.

In December 2022, the price of copper ores and concentrates recorded a 6% increase since the previous month, settling at $3,157 per ton (FOB, Australia).

Australia PPI: Output: Manufacturing: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data was reported at 223.300 1989-1990=100 in Jun 2012. This records a decrease from the previous number of 224.100 1989-1990=100 for Mar 2012. Australia PPI: Output: Manufacturing: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data is updated quarterly, averaging 99.400 1989-1990=100 from Mar 1983 (Median) to Jun 2012, with 118 observations. The data reached an all-time high of 323.100 1989-1990=100 in Dec 2006 and a record low of 57.600 1989-1990=100 in Mar 1983. Australia PPI: Output: Manufacturing: Primary Metal & Metal: Basic Non Ferrous Metal: Copper, Silver, Lead & Zinc Smelting & Refining data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I021: Producer Price Index: 1989-90=100: ANZSIC 2006: Output of the Manufacturing Industry.