Copper rose to 5.03 USD/Lbs on October 7, 2025, up 0.62% from the previous day. Over the past month, Copper's price has risen 11.84%, and is up 13.77% 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 October of 2025.

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

In 2025, the price of a copper cable with the following specifications: 3C + E, 2.5mm PVC amounted to 16 Canadian dollars per meter in Toronto and 18 Canadian dollars per meter in Vancouver. Meanwhile, the prices of a copper pipe of 15 millimeters was somewhat lower.

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.

2985 Global export shipment records of Copper Scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

In 2024, after two years of decline, there was significant growth in the Canadian copper market, when its value increased by 8.3% to $3.8B. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $4B. From 2022 to 2024, the growth of the market failed to regain momentum.

Canada Import Value: HS: Copper: Waste and Scrap data was reported at 90,466.103 CAD th in Feb 2025. This records an increase from the previous number of 80,056.361 CAD th for Jan 2025. Canada Import Value: HS: Copper: Waste and Scrap data is updated monthly, averaging 20,262.675 CAD th from Jan 1988 (Median) to Feb 2025, with 446 observations. The data reached an all-time high of 90,466.103 CAD th in Feb 2025 and a record low of 3,223.100 CAD th in Jan 1992. Canada Import Value: HS: Copper: Waste and Scrap data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.WB006: Import Value.

View monthly updates and historical trends for Copper Price. Source: World Bank. Track economic data with YCharts analytics.

Mine-level copper data (1953-1984) used in Young, D. (1992), "Cost Specification and Firm Behaviour in a Hotelling Model of Resource Extraction," Canadian Journal of Economics XXV, 41-59. Spreadsheet has 5 tabs (including data and explanatory materials).

Canada Export Price Index: Customs: CM: Copper in Ores, Concentrates & Scrap data was reported at 286.900 2002=100 in Aug 2012. This records a decrease from the previous number of 300.000 2002=100 for Jul 2012. Canada Export Price Index: Customs: CM: Copper in Ores, Concentrates & Scrap data is updated monthly, averaging 253.700 2002=100 from Jan 2002 (Median) to Aug 2012, with 128 observations. The data reached an all-time high of 374.900 2002=100 in Feb 2011 and a record low of 90.500 2002=100 in Jun 2003. Canada Export Price Index: Customs: CM: Copper in Ores, Concentrates & Scrap data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I029: Export Price Index: 2002=100.

In September 2022, the copper wire price stood at $11.3 per kg (FOB, Canada), jumping by 24% against the previous month.

Canadian metal producers have benefited from growing economic uncertainty and rising prices as consumers seek safer investments, such as gold and silver. Similarly, growing manufacturing and construction activity following the initial stages of the pandemic caused the price of other metals, including copper and nickel, to skyrocket, enabling refineries to pass down cost increases to buyers. However, refineries have been negatively impacted by normalizing economic conditions and falling metal prices, which place downward pressure on revenue. Growing vertical integration trends have enabled Canadian metal producers to become more competitive by lowering purchase costs and making refineries more profitable. However, for refiners who are unable to achieve vertical integration, they face significant input price volatility. This volatility, combined with high import penetration due to competitive price-cutting, has forced refiners to absorb the price increases, compressing profit. These trends are estimated to raise revenue at a five-year CAGR of 3.3% to $21.2 billion through the end of 2025, with a 7.1% increase estimated for the current year. Refineries in Canada are being increasingly threatened by the rising import penetration, which results in prominent price competition. The lower operating costs and fewer environmental regulations in foreign countries, such as China and Cuba, give importing refiners an advantage over domestic producers by enabling them to offer lower prices. The value of the loonie has remained somewhat stable over recent years, preventing domestic producers from gaining an advantage over foreign producers. However, the weakening demand for nonferrous metals has strained trade activity. Economic conditions are forecast to continue recovering, resulting in weakening metal prices and, therefore, weakening revenue. Stabilizing economic conditions will boost demand from the construction and manufacturing sectors and weaken demand for jewelry and investment metals. The value of the loonie is expected to remain mostly unchanged, enhancing competition from lower-priced imports. As a result, revenue is estimated to drop at a five-year CAGR of -0.6% to $20.5 billion through the end of 2030.

Discover the latest import prices for copper in Canada in December 2022, including growth rates and trends over time. Explore data on copper imports by volume and value, as well as key suppliers to the Canadian market.

The copper market in the USA and Canada is forecasted to grow from USD 23.09 billion in 2025 to USD 37.88 billion by 2035, advancing at a CAGR of 5.1% over the assessment period.

Canada's exports of copper ore had a total value of 3.5 billion U.S. dollars in 2022. That amounted to a 3.9 percent share of global copper exports that year, and put Canada as the fifth-largest copper ore exporting country based on value.

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

Copper, nickel, lead and zinc mining play a vital role in Canada's economy, positioning it among the world's top ten producers of these metals. As the prices of these metals are subject to global market conditions, there can be significant volatility in revenue and profit. While the world prices of copper, nickel and lead have seen overall growth over the past five years, more recent years have seen prices decline from the relative highs they reached amid the supply chain issues that arose in the wake of the COVID-19 pandemic. Zinc and lead production, long accounting for a minority of industry revenue, has steadily declined, with lead production, largely a byproduct of zinc production, set to reach zero in 2025. Overall, revenue is expected to have declined at a CAGR of 6.4% to $9.4 billion through the end of 2025, including a 2.7% slump in 2025 alone amid falling metal prices. Environmental concerns have fueled the need for domestic and international copper and nickel. These metals are pivotal in producing various clean energy technologies like electric vehicles, wind turbines and solar panels. Given their high conductivity, copper and nickel are critical components for these innovative products. The need for these metals will surge as Canada transitions toward greener technology. Looking ahead, industry revenue is set to climb at a CAGR of 2.6% to $10.6 billion by the end of 2030. Improvements in market conditions for copper and nickel will help buoy revenue, while continued declines to already diminished zinc production will have a small impact on overall industry revenue. Increased government funding for infrastructure projects is set to stimulate growth in downstream markets, creating a heightened need for copper and nickel. The depreciation of the Canadian dollar will make domestic metals more competitively priced for foreign countries, leading to a potential rebound in exports and providing an extra boost to industry revenue. Nonetheless, despite these positive developments, the challenge of imports remains a concern for domestic mines.

Canada Import Value: HS: Copper: Wire of Refined Copper, max cross sectional dimension exceeds 6mm data was reported at 39,077.151 CAD th in Feb 2025. This records a decrease from the previous number of 42,481.904 CAD th for Jan 2025. Canada Import Value: HS: Copper: Wire of Refined Copper, max cross sectional dimension exceeds 6mm data is updated monthly, averaging 12,658.374 CAD th from Jan 1988 (Median) to Feb 2025, with 446 observations. The data reached an all-time high of 60,518.021 CAD th in Jul 2024 and a record low of 436.078 CAD th in Dec 1991. Canada Import Value: HS: Copper: Wire of Refined Copper, max cross sectional dimension exceeds 6mm data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.WB006: Import Value.

Canada Import Value: HS: Copper: Unwrought, Copper Cathode and Section of Cathode data was reported at 36,531.415 CAD th in Feb 2025. This records a decrease from the previous number of 37,495.830 CAD th for Jan 2025. Canada Import Value: HS: Copper: Unwrought, Copper Cathode and Section of Cathode data is updated monthly, averaging 4,523.267 CAD th from Jan 1988 (Median) to Feb 2025, with 446 observations. The data reached an all-time high of 188,927.845 CAD th in Aug 2021 and a record low of 0.000 CAD th in Dec 2012. Canada Import Value: HS: Copper: Unwrought, Copper Cathode and Section of Cathode data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.WB006: Import Value.