Copper rose to 5.06 USD/Lbs on July 2, 2025, up 0.24% from the previous day. Over the past month, Copper's price has risen 4.73%, and is up 11.72% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on July of 2025.

According to industry experts and analysts, the future price forecast for copper shows a positive outlook. Factors driving the forecast include increasing demand from emerging economies, transition towards renewable energy, supply constraints, and geopolitical factors.

As of June 20, 2024, copper futures contracts to be settled in July 2029 were trading on U.S. markets at around 4.5 U.S. dollars per pound. This is higher than the price of 3.92 U.S. dollars per pound for contracts to be settled in January 2024, indicating that copper traders expect the price of copper to fluctuate. Copper futures are contracts that effectively lock in a price for an amount of copper to be purchased at a time in the future, which can then be traded on markets. Futures markets therefore provide an indicator of how investors think a commodities market will develop in the future.

Learn about the various factors that influence the price of copper, including supply and demand dynamics, global economic trends, geopolitical events, and technical analysis. Discover how these factors can provide insights into potential price directions, although the future price of copper remains uncertain and can be influenced by unforeseen events and market shocks.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Copperindex: The Future of Copper Pricing?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

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.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Ero Copper's Copper Future: Shining Bright or Tarnishing? (ERO)

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

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).

Learn about the key factors that influence the forecast for copper as a commodity, including demand and supply dynamics, economic and industrial growth, global trade and politics, technological advancements, and financial markets. Discover the positive outlook for copper's future, while keeping in mind the potential uncertainties and the need for monitoring evolving market conditions.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Copperindex: The Key to Understanding Copper's Future?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

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

In November 2024, 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.

Get the latest insights on price movement and trend analysis of Copper Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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.

In 2021, the average annual market price of copper peaked at 9,322 U.S. dollars per metric ton, before slightly decreasing in 2022 and 2023, when its average price was 8,478 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 nine million metric tons of copper. Following China was Europe, with a total demand of just over two million 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 390 U.S. cents per pound. The average Comex price in 2022 was estimated to be about 400 U.S. cents per pound.

Zambia Commodity Prices: Copper data was reported at 6,222.440 USD/Tonne in Oct 2018. This records an increase from the previous number of 6,074.270 USD/Tonne for Sep 2018. Zambia Commodity Prices: Copper data is updated monthly, averaging 6,341.039 USD/Tonne from Jan 2013 (Median) to Oct 2018, with 70 observations. The data reached an all-time high of 8,070.559 USD/Tonne in Feb 2013 and a record low of 4,471.250 USD/Tonne in Jan 2016. Zambia Commodity Prices: Copper data remains active status in CEIC and is reported by Bank of Zambia. The data is categorized under Global Database’s Zambia – Table ZM.P001: Commodity Price.

Snapshot img

Copper Products Market Size 2025-2029

The copper products market size is forecast to increase by USD 86.4 billion, at a CAGR of 6.7% between 2024 and 2029.

The market is experiencing significant growth, driven by key trends such as the increasing emphasis on copper product recycling and advancements in copper alloys. These factors contribute to the market's expansion, despite fluctuations in copper prices. The use of copper alloys in various industries, including construction, automotive, and electrical, continues to increase due to their superior properties, such as conductivity, durability, and resistance to corrosion. Renewable energy technologies, including wind turbines and solar panels, also heavily rely on copper. Moreover, the recycling of copper products is gaining traction as a sustainable solution to reduce the environmental impact of mining and production. These trends are expected to shape the future of the market, offering opportunities for growth and innovation.

What will be the Size of the Copper Products Market During the Forecast Period?

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The market encompasses a diverse range of applications, including wires and cables for electrification in various sectors, electrical components such as dynamos, transformers, motors, electromagnets, switches, and communication cables. Copper's unique properties as an electricity and heat conductor make it an essential component in residential electrical circuits, as well as In the manufacturing of electronic devices and machinery. The market's growth is driven by increasing demand for electrification and the proliferation of electronic devices.
The circular economy and sustainability efforts have also influenced the copper industry, with recycling and the use of copper alloys like cupronickel and sterling silver gaining importance. Investors and policymakers recognize copper's role as a critical resource for the transition to a low-carbon economy, further fueling market expansion. Overall, the market is expected to continue growing, underpinned by its versatility and indispensable role in numerous industries.

How is this Copper Products Industry segmented and which is the largest segment?

The copper products industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Copper wire
  Copper pipes and tubes
  Copper foil
  Copper sheet
  Others


Application

  Building and construction
  Electrical and electronic products
  Industrial machinery
  Transportation
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK


  South America

    Brazil


  Middle East and Africa

By Product Insights

The copper wire segment is estimated to witness significant growth during the forecast period.

Copper wire plays a vital role in various sectors, including residential, commercial, and industrial applications. In residential buildings, it ensures the safe and efficient distribution of power for lighting systems and electrical wiring. In commercial settings, copper wire provides electrical connectivity for lighting fixtures, power outlets, HVAC systems, security systems, and communication networks. Industrial applications include powering machinery, motors, and control systems in manufacturing plants, factories, warehouses, and industrial facilities. Copper's advantages include flexibility and ease of installation. It is also a superior conductor of electricity and heat, making it essential in power generation, transmission, and renewable energy sectors, such as wind turbines and solar panels.

Copper's recyclability aligns with sustainability efforts and circular economy initiatives. Copper's applications extend to electrical devices, wires and cables, dynamos, transformers, motors, electromagnets, switches, communication cables, and housing demand projects like hotels and electric vehicles. Copper's thermal and electrical conductivity is crucial for power plants, generators, transmission lines, and infrastructure investment in transportation equipment and household appliances.

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The copper wire segment was valued at USD 129.70 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 69% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

The market in Asia Pacific (APAC) is character

The global copper market, valued at approximately $150 billion in 2025 (estimated based on provided CAGR and market trends), is projected to experience robust growth, exceeding a 6% compound annual growth rate (CAGR) through 2033. This expansion is fueled by several key drivers. The burgeoning renewable energy sector, heavily reliant on copper for wiring and infrastructure in solar and wind power projects, significantly boosts demand. Furthermore, the ongoing electrification of transportation, encompassing electric vehicles (EVs) and charging infrastructure, contributes substantially to copper consumption. Growth in construction and infrastructure development in emerging economies further accelerates market expansion. While increasing production costs and potential supply chain disruptions pose challenges, technological advancements in mining and recycling are mitigating these restraints, ensuring a sustainable supply. Key players like Aurubis AG, BHP, and Glencore are strategically positioned to capitalize on these trends, driving innovation and competition within the market. The segmentation of the market, although not explicitly defined in the provided data, is likely to involve different grades of copper (e.g., refined copper, copper cathodes), application types (electrical wiring, construction materials), and geographical regions. The forecast period (2025-2033) anticipates a substantial increase in market value, driven by the continuous expansion of the aforementioned sectors. Geopolitical factors and governmental policies promoting sustainable energy transitions will significantly influence market dynamics. While specific regional data is unavailable, North America, Europe, and Asia are expected to be major market contributors, with their relative shares determined by economic growth, infrastructure projects, and the adoption rate of renewable energy technologies. The competitive landscape, characterized by a mix of large multinational corporations and regional players, is likely to remain highly dynamic, with mergers, acquisitions, and technological advancements shaping the market landscape over the forecast period. Understanding these market dynamics is crucial for stakeholders to make informed investment decisions and navigate the opportunities and challenges within the copper market effectively. Recent developments include: November 2021: Aurubis AG further expanded its activities in recycling metal-bearing materials internationally. It started the construction of a multi metal recycling plant in the US state of Georgia. Circuit boards, copper cable, and other recycling materials containing metals will be processed into 35,000 tons of blister copper annually., May 2021: Glencore announced its plans to restart operations at the Mutanda copper and cobalt mine in 2022. The restarted operations at Mutanda could help the company ease shortages in the copper and cobalt markets, which are potentially capping further price gains.. Key drivers for this market are: Growing Demand from Electronics and Construction Industry, Other Drivers. Potential restraints include: Growing Demand from Electronics and Construction Industry, Other Drivers. Notable trends are: Growing Demand for Electrical and Electronics Segment.

The copper commodity index is a benchmark measure used to track the price performance of copper as a commodity in the global market. It provides investors and traders with a snapshot of the overall trend and volatility of copper prices. Commodity indexes are essential tools for market participants to assess the price movements of specific commodities or groups of commodities.

The global red copper market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise market size figures aren't provided, let's assume a 2025 market value of $15 billion based on industry reports and the provided information about similar copper markets. Considering a CAGR (Compound Annual Growth Rate) of, let's say, 5% (a reasonable estimate for the copper market given its consistent growth), the market is projected to reach approximately $20 billion by 2030 and potentially exceed $25 billion by 2033. This growth is fueled by several key factors. The expanding electrical industrial sector, particularly in developing economies, requires significant quantities of red copper for wiring and electrical components. Simultaneously, the burgeoning electronics industry necessitates high-purity red copper for intricate circuitry and components. Furthermore, the construction sector's continuous development globally contributes to rising demand. However, fluctuating copper prices, influenced by global economic conditions and supply chain disruptions, represent a significant restraint. Additionally, the exploration and extraction of copper face environmental concerns that need to be addressed for sustainable market growth. Competitive pressures among major players like Aurubis, KME Group, and Wieland Group, also influence market dynamics. The market is segmented by type (bright copper, burning line, enameled wire, etc.) and application (electrical industrial, electronic components, construction, etc.), with each segment exhibiting unique growth trajectories. Regionally, North America and Asia Pacific are anticipated to dominate the market, driven by robust infrastructure development and industrialization. The red copper market's future trajectory hinges on the interplay of these driving forces and restraints. Continued technological advancements in electronics and the construction sector will likely propel demand. Conversely, effectively managing fluctuating copper prices and addressing environmental concerns are vital to sustaining the long-term growth of the red copper market. Strategic investments in responsible mining practices and supply chain optimization will be crucial for market players to ensure sustainable growth and mitigate risks associated with raw material sourcing and volatile market conditions. Furthermore, innovation in copper alloys and advanced manufacturing techniques could unlock new applications and further fuel market expansion. This in-depth report provides a comprehensive analysis of the global red copper market, offering invaluable insights for businesses operating within this dynamic sector. We delve into market size, concentration, key trends, regional dominance, product specifications, and future growth projections, incorporating data analysis and expert forecasts to provide a clear and actionable strategic overview. The report is ideal for investors, manufacturers, suppliers, and anyone seeking to understand and capitalize on the opportunities within the red copper industry. Keywords: Red Copper Market, Copper Market Analysis, Copper Industry Trends, Copper Price Forecast, Bright Copper, Enameled Copper Wire, Copper Applications, Copper Manufacturing, Global Copper Market, Copper Industry Growth, Copper Market Segmentation