Copper fell to 4.40 USD/Lbs on September 1, 2025, down 2.49% from the previous day. Over the past month, Copper's price has fallen 0.83%, but it is still 10.24% 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 September of 2025.

Graph and download economic data for Global price of Copper (PCOPPUSDQ) from Q1 1990 to Q2 2025 about copper, metals, World, and price.

The report covers Copper Usage by Industry and is segmented by End-user Industry (Automotive and Heavy Equipment, Construction, Electrical and Electronics, Industrial, and Other End-user Industries) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecast for the copper market in volume (kilo tons) for all the above segments.

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

The current copper market is experiencing several important trends and factors that are impacting its supply, demand, and price. This article explores the increasing demand from various industries, the shift towards sustainable energy and electric transportation, and the influence of supply-side factors and environmental and social considerations on copper prices.

Graph and download economic data for Global price of Copper (PCOPPUSDM) from Jan 1990 to Jun 2025 about copper, metals, World, and price.

As of June 20, 2024, copper futures contracts to be settled in July 2029 were trading on U.S. markets at around *** U.S. dollars per pound. This is higher than the price of **** 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.

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.

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).

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.

The North America copper market attained a volume of nearly 2092.04 KMT in 2024. The market is projected to grow at a CAGR of 2.40% between 2025 and 2034 to reach a value of around 2651.98 KMT by 2034.

The global copper market, valued at $180.32 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 6.78% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning electrical and electronics sector, with its increasing demand for sophisticated circuitry and wiring, is a major catalyst. Similarly, the construction industry's ongoing projects globally, particularly in developing economies experiencing rapid urbanization, contribute significantly to copper consumption. The telecommunications sector's continuous upgrades in infrastructure, including the expansion of 5G networks, further amplify demand. The transportation sector, particularly electric vehicle (EV) manufacturing, is also experiencing a surge in copper utilization for batteries and electric motors. While primary copper production remains dominant, secondary copper (recycled) is gaining traction due to environmental concerns and resource efficiency initiatives. Geographic distribution reveals notable regional variations. North America and Europe, historically significant markets, continue to show steady demand, driven by established infrastructure and industrial activity. However, the Asia-Pacific (APAC) region, particularly China, is poised for substantial growth due to its ongoing industrialization and infrastructural development. This makes the APAC region a key focus for copper producers and investors. While challenges like fluctuating commodity prices and potential supply chain disruptions exist, the overall market outlook remains optimistic, driven by long-term growth in key end-use sectors and increasing global demand. Competition among major players such as BHP Group Ltd., Glencore Plc, and Freeport McMoRan Inc. is intense, characterized by strategic acquisitions, technological advancements, and efforts to secure sustainable supply chains.

The Oxygen-Free Copper Market report segments the industry into Grade (CU-OF, CU-OFE), Product (Wires, Strips, Busbars and Rods, Other Products (Tubes and Pipes, Etc.)), End-User Industry (Electrical and Electronics, Automotive, Industrial, Other End-User Industries (Power Generation, Aerospace, Etc.)), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa).

The Copper Market size is expected to reach a valuation of USD 289.9 billion in 2033 growing at a CAGR of 6.00%. The Copper Market research report classifies market by share, trend, demand, forecast and based on segmentation.

The size of the Copper Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 6.00% during the forecast period. Copper is a metal that has extreme high thermal and electrical conductivity. Copper is mostly used in electrical equipment for wiring and motors. Growing awareness about anti-microbial properties of copper among consumers has increased the demand for copper for household applications such as kitchen sink, table tops, utensils, etc. which is expected to pose significant growth in the global market. Increasing demand of electrical products across the globe is expected to drive the copper market as it is used for electrical wiring, motors, and electronic devices due to its excellent power transmission and distribution system. 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: Stringent Regulations Associated with Mining. Notable trends are: Growing Demand for Electrical and Electronics Segment.

The global red copper market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't provided, considering typical market sizes for similar metals and the listed companies, a reasonable estimate for the 2025 market size would be in the range of $15-20 billion USD. Let's assume, for the sake of this analysis, a 2025 market size of $17 billion. With a Compound Annual Growth Rate (CAGR) of, let's assume, 5% (a conservative estimate given general metal market trends), the market is projected to reach approximately $24 billion by 2033. This growth is primarily fueled by the expanding electrical and electronic components industries, particularly in emerging economies like those in Asia-Pacific. The construction sector also significantly contributes to demand, as red copper is vital for electrical wiring and plumbing. Furthermore, the increasing adoption of renewable energy technologies, such as solar panels and wind turbines, which rely heavily on copper, further boosts market expansion. However, several factors could restrain market growth. Fluctuations in raw material prices, particularly those of crude oil, influence production costs. Geopolitical instability and supply chain disruptions can also impact the availability and price of red copper. Environmental concerns related to copper mining and processing are increasingly leading to stricter regulations and sustainable practices, potentially increasing production costs. Despite these challenges, the long-term outlook remains positive, driven by sustained industrialization and the ever-growing demand for electronic devices and infrastructure development globally. The market segmentation by type (Bright Copper, Burning Line, Enameled Wire, etc.) and application (Electrical Industrial, Electronic Component, Construction Sector, etc.) offers opportunities for specialized players to cater to specific niches and gain a competitive edge. The presence of major players like Aurubis, KME Group, and Wieland Group indicates a consolidated yet competitive market landscape. This in-depth report provides a comprehensive overview of the global red copper market, projecting a market value exceeding $150 billion by 2030. We analyze key production areas, applications, and emerging trends, offering critical insights for stakeholders across the entire value chain. Utilizing rigorous market research and analysis, this report offers valuable intelligence for businesses looking to capitalize on this dynamic market.

Global Copper market size is expected to reach $166.46 billion by 2029 at 9.9%, segmented as by type, refining industry, metal processing industry, chemical industry, and other types

The China Copper Market Report is Segmented by Source (Primary Mine-Derived and Secondary Recycled), End-User Industry (Automotive and Heavy Equipment, Construction, Electrical and Electronics, Industrial, and Other End-User Industries (Consumer Products, Medical Devices, Etc. )). The Market Forecasts are Provided in Terms of Volume (tons).

Explore the dynamics influencing NYMEX copper prices, including supply-demand shifts, global economic trends, and technological advancements. Discover how geopolitical factors, currency fluctuations, and the rise of green technology impact this essential industrial metal's market value.

Recycled Copper Market size is growing with a CAGR of 10.6% in the prediction period & it crosses USD 102.28 Bn by 2032 from USD 50.49 Bn in 2025.