Copper fell to 5.45 USD/Lbs on July 14, 2025, down 1.52% from the previous day. Over the past month, Copper's price has risen 13.70%, and is up 20.47% 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 July of 2025.

Interactive chart of historical daily COMEX copper prices back to 1971. The price shown is in U.S. Dollars per pound.

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.

Copper futures traded close to the $4.7-per-pound level, not far from an all-time high of $5 hit on March 7th amid a tight market as investors weigh lower supply from top producer Chile, disruptions caused by the war in Ukraine, and assess the impact of the latest Covid outbreak in China in both demand and supply. Copper output in Chile, the world's largest producer, fell 7% from a year earlier to 394,700 tonnes in February, following a 7.5% fall in January and a 1.9% decline in 2021 production. Meanwhile, Chinese authorities extended a lockdown in Shanghai, an industrial powerhouse and major port, further threatening global supply chains. Logistics operators report that restrictions are already making it harder to move goods around and keep factories operating at full capacity. Elsewhere, Peru's ministry of economy and finance said that the world’s second-largest copper supplier will target the excess profits that mining companies earned from rising metal prices around the world. Historically, Copper reached an all time high of 5.02 in March of 2022.

This statistic depicts the average annual prices for copper from 2014 through 2026*. In 2023, the average price for copper stood at 8,490 nominal U.S. dollars per metric ton.

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 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.

Transaction Price: Electrolyse Copper, Number 1: Hangzhou data was reported at 47,050.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 47,380.000 RMB/Ton for Oct 2019. Transaction Price: Electrolyse Copper, Number 1: Hangzhou data is updated monthly, averaging 41,660.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 277 observations. The data reached an all-time high of 73,050.000 RMB/Ton in Feb 2011 and a record low of 14,100.000 RMB/Ton in Dec 2001. Transaction Price: Electrolyse Copper, Number 1: Hangzhou data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.

The latest closing stock price for MAC Copper as of June 06, 2025 is 12.41. An investor who bought $1,000 worth of MAC Copper stock at the IPO in 2021 would have $273 today, roughly 0 times their original investment - a 6.22% compound annual growth rate over 4 years. The all-time high MAC Copper stock closing price was 14.95 on May 28, 2024. The MAC Copper 52-week high stock price is 14.93, which is 20.3% above the current share price. The MAC Copper 52-week low stock price is 7.69, which is 38% below the current share price. The average MAC Copper stock price for the last 52 weeks is 11.49. For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide.

CN: Transaction Price: Electrolyse Copper, No 1: Qingdao data was reported at 48,000.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 48,200.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Qingdao data is updated monthly, averaging 43,250.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 278 observations. The data reached an all-time high of 75,000.000 RMB/Ton in Jul 2011 and a record low of 15,400.000 RMB/Ton in Jan 2004. CN: Transaction Price: Electrolyse Copper, No 1: Qingdao data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.

CN: Transaction Price: Electrolyse Copper, No 1: Dalian data was reported at 54,100.000 RMB/Ton in Nov 2019. This records an increase from the previous number of 53,500.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Dalian data is updated monthly, averaging 43,750.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 276 observations. The data reached an all-time high of 75,000.000 RMB/Ton in Feb 2011 and a record low of 15,600.000 RMB/Ton in Dec 2002. CN: Transaction Price: Electrolyse Copper, No 1: Dalian data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.

Oxygen Free Electronic Copper Market Outlook

The global market size for Oxygen Free Electronic Copper was valued at approximately USD 14.5 billion in 2023 and is projected to reach USD 22.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.1%. The market growth is primarily driven by increasing demand from the electronics and automotive industries, coupled with advancements in telecommunications technology. The superior electrical conductivity and thermal properties of oxygen-free electronic copper make it an essential material in high-performance and high-reliability applications.

One of the key growth factors for the Oxygen Free Electronic Copper market is the burgeoning consumer electronics sector. With the surge in the production of smartphones, tablets, laptops, and other smart devices, the demand for high-purity copper with excellent electrical and thermal conductivity is at an all-time high. Oxygen-free copper, with its minimal oxygen content, ensures better performance and longevity of electronic components, which is critical in maintaining the competitive edge in the fast-evolving electronics market. Additionally, the advent of 5G technology and the resulting infrastructure development are further propelling the demand for oxygen-free electronic copper.

Another significant growth driver is the automotive industry's shift towards electric vehicles (EVs). As automotive manufacturers focus on improving the efficiency and performance of EVs, the need for high-quality, oxygen-free electronic copper becomes paramount. This copper is used extensively in batteries, wiring, and other electrical components of EVs due to its superior conductivity and durability. The growing environmental concerns and supportive government policies aimed at reducing carbon emissions are pushing the adoption of EVs, thereby boosting the demand for oxygen-free electronic copper.

The aerospace sector also contributes to the growth of the Oxygen Free Electronic Copper market. Aerospace applications demand materials that can withstand extreme conditions and deliver exceptional performance. Oxygen-free copper is preferred for various aerospace components, including wiring systems and electronic connectors, due to its high thermal and electrical conductivity, corrosion resistance, and reliability. The increasing focus on developing advanced aerospace technologies and the rising investments in space exploration missions further augment the market growth.

When it comes to the regional outlook, Asia Pacific dominates the Oxygen Free Electronic Copper market, driven by rapid industrialization and urbanization in countries like China, India, and Japan. North America and Europe are also significant markets, attributed to the strong presence of automotive, aerospace, and electronics industries. The Middle East & Africa and Latin America, while smaller in market size, are expected to witness substantial growth due to increasing investments in telecommunications and industrial sectors.

The introduction of the Oxygen Free Copper Anode Ball has further enhanced the capabilities of oxygen-free copper in various applications. These anode balls are specifically designed to provide superior performance in electroplating processes, ensuring high purity and excellent conductivity. The use of Oxygen Free Copper Anode Balls is becoming increasingly popular in industries that require precise and reliable electroplating, such as electronics and automotive manufacturing. Their ability to maintain consistent quality and reduce impurities makes them an ideal choice for producing high-performance electronic components and automotive parts. As the demand for advanced manufacturing techniques grows, the role of Oxygen Free Copper Anode Balls in ensuring efficient and effective production processes is expected to expand significantly.

Product Type Analysis

In the segmentation by product type, Cu-OF (Oxygen-Free Copper) and Cu-OFE (Oxygen-Free Electronic Copper) are the primary categories. Cu-OF, which is obtained through direct electrolytic refining, contains minimal oxygen and is known for its superior conductivity and durability. This type of copper is extensively used in electrical and electronic applications where high conductivity is essential. The demand for Cu-OF is significantly driven by its application in consumer electronics and automotive sectors. The ongoing developments in these industries are creating substantial growth opportunities for Cu-OF copp

Nickel fell to 14,981.25 USD/T on July 15, 2025, down 0.56% from the previous day. Over the past month, Nickel's price has fallen 0.56%, and is down 9.72% compared to the same time last year, 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 July of 2025.

CN: Transaction Price: Electrolyse Copper, No 1: Fuzhou data was reported at 47,300.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 47,600.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Fuzhou data is updated monthly, averaging 24,250.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 164 observations. The data reached an all-time high of 54,990.000 RMB/Ton in Dec 2017 and a record low of 16,000.000 RMB/Ton in Apr 2002. CN: Transaction Price: Electrolyse Copper, No 1: Fuzhou data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.

Aluminum fell to 2,593.65 USD/T on July 15, 2025, down 0.10% from the previous day. Over the past month, Aluminum's price has risen 2.99%, and is up 5.37% 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 July of 2025.

CN: Transaction Price: Electrolyse Copper, No 1: Nanjing data was reported at 47,080.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 47,440.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Nanjing data is updated monthly, averaging 41,690.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 281 observations. The data reached an all-time high of 72,275.000 RMB/Ton in Mar 2011 and a record low of 15,800.000 RMB/Ton in Mar 2002. CN: Transaction Price: Electrolyse Copper, No 1: Nanjing data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.

CN: Transaction Price: Electrolyse Copper, No 1: Yinchuan data was reported at 47,180.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 47,240.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Yinchuan data is updated monthly, averaging 42,540.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 279 observations. The data reached an all-time high of 79,333.330 RMB/Ton in May 2006 and a record low of 15,300.000 RMB/Ton in Mar 2000. CN: Transaction Price: Electrolyse Copper, No 1: Yinchuan data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.

CN: Transaction Price: Electrolyse Copper, No 1: Shijiazhuang data was reported at 47,860.000 RMB/Ton in Sep 2019. This records a decrease from the previous number of 48,765.000 RMB/Ton for Feb 2019. CN: Transaction Price: Electrolyse Copper, No 1: Shijiazhuang data is updated monthly, averaging 19,300.000 RMB/Ton from Dec 1995 (Median) to Sep 2019, with 93 observations. The data reached an all-time high of 49,840.000 RMB/Ton in Nov 2018 and a record low of 17,100.000 RMB/Ton in Mar 2001. CN: Transaction Price: Electrolyse Copper, No 1: Shijiazhuang data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.

CN: Transaction Price: Electrolyse Copper, No 1: Guiyang data was reported at 47,050.000 RMB/Ton in Nov 2019. This records an increase from the previous number of 47,035.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Guiyang data is updated monthly, averaging 44,335.000 RMB/Ton from Jan 1997 (Median) to Nov 2019, with 266 observations. The data reached an all-time high of 73,066.670 RMB/Ton in May 2006 and a record low of 15,350.000 RMB/Ton in Jul 1999. CN: Transaction Price: Electrolyse Copper, No 1: Guiyang data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.

CN: Transaction Price: Electrolyse Copper, No 1: Tianjin data was reported at 47,050.000 RMB/Ton in Nov 2019. This stayed constant from the previous number of 47,050.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Tianjin data is updated monthly, averaging 42,425.000 RMB/Ton from Jan 1997 (Median) to Nov 2019, with 252 observations. The data reached an all-time high of 75,400.000 RMB/Ton in May 2011 and a record low of 15,000.000 RMB/Ton in May 1999. CN: Transaction Price: Electrolyse Copper, No 1: Tianjin data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.