Copper fell to 4.80 USD/Lbs on October 10, 2025, down 6.16% from the previous day. Over the past month, Copper's price has risen 4.07%, and is up 7.81% 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.

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

Copper prices decline due to uncertainty over the US-China tariff truce, causing market skepticism and impacting futures on Comex.

Copper prices fell sharply on Monday amid US tariff uncertainty, reversing last week's gains. Traders anticipate further market turbulence as the tariff deadline approaches.

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.

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

Goldman Sachs' recommendation for a copper price surge failed as unexpected tariff exemptions caused a record price drop, impacting hedge funds.

The annual producer price index of copper scrap in the United States averaged ***** in 2023, with 1982 used as the base year (1982 = 100). This represented a slight decrease in comparison to the previous year, down from a price index of *****. Despite the decline, figures remain above pre-pandemic levels, with a growth of roughly ** percent in comparison to 2019.

Goldman Sachs advised clients to bet on rising copper prices, but an unexpected tariff decision led to a record 22% price drop, highlighting market volatility.

Copper Concentrate Market size was valued at USD 19.3 Billion in 2023 and is projected to reach USD 35.6 Billion by 2031, growing at a CAGR of 8.2% during the forecast period 2024-2031.

Global Copper Concentrate Market Drivers

The market drivers for the Copper Concentrate Market can be influenced by various factors. These may include:

Demand from Electric Vehicles and Renewable Energy: The increasing demand for electric vehicles (EVs) and renewable energy technologies significantly drives the copper concentrate market. As global efforts to combat climate change intensify, industries are shifting toward sustainable options, and copper's excellent conductivity makes it an essential component in EVs and solar panels. The International Energy Agency projects substantial growth in EV production, requiring vast amounts of copper for batteries and wiring. Additionally, renewable energy infrastructures like wind and solar power are also copper-intensive. This surge in demand is expected to create supply challenges, thereby impacting copper concentrate prices and market dynamics.

Infrastructure Development: Infrastructure development is a key driver of the copper concentrate market. Governments around the world have initiated large-scale infrastructure projects to bolster economic growth and employment, particularly in emerging markets. These projects, including roads, bridges, and public transportation systems, often require significant amounts of copper for electrical systems and construction materials. For instance, updated infrastructure policies in countries like the United States and China promise to increase demand for copper. Consequently, as these projects progress, the demand for copper concentrate is expected to rise, exerting upward pressure on prices and encouraging investment in mining operations.

Global Copper Concentrate Market Restraints

Several factors can act as restraints or challenges for the Copper Concentrate Market. These may include:

Environmental Regulations: The copper concentrate market faces significant constraints due to stringent environmental regulations aimed at minimizing the impact of mining and processing activities. Governments worldwide have implemented laws to reduce emissions and promote sustainable practices, leading to increased operational costs for mining companies. Processing copper concentrate generates waste and requires proper treatment due to potential pollutants such as heavy metals. Compliance with these regulations can limit production capabilities, increase capital expenditures for environmental management, and slow down project approvals. Companies must invest in cleaner technologies, which can divert funds from exploration and development, thereby restricting market growth.

Fluctuating Copper Prices: Fluctuations in global copper prices significantly restrain the copper concentrate market. Prices are influenced by geopolitical factors, supply-demand dynamics, and economic conditions, creating uncertainties for miners and traders. When prices decline, mining companies often scale back production or delay new investments, leading to reduced availability of concentrate in the market. Such volatility can deter new entrants, spooking investors during periods of low prices. Furthermore, inconsistent pricing affects long-term contracts and can create cash flow issues, complicating financial planning for businesses that rely on steady market conditions for sustainable operations.

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).

US copper prices plummeted over 19% after Trump excluded the most imported copper form from tariffs, impacting global copper trade and Freeport-McMoRan shares.

The Grade A Cathode Copper market exhibits robust growth potential, driven by the increasing demand from the electrical and electronics, construction, and transportation sectors. The market size in 2025 is estimated at $150 billion (a reasonable estimate considering the scale of global copper consumption), with a Compound Annual Growth Rate (CAGR) of 5% projected from 2025 to 2033. This growth is fueled by several key factors, including the expansion of renewable energy infrastructure (solar panels, wind turbines), the ongoing global urbanization driving construction activity, and the electrification of vehicles. Technological advancements in copper production and refining processes also contribute to improved efficiency and reduced costs, supporting market expansion. However, fluctuating copper prices, influenced by geopolitical factors and economic cycles, pose a significant challenge. Supply chain disruptions and environmental regulations related to mining and smelting also present potential restraints. Major players such as Jiangxi Copper, Freeport-McMoRan, and Glencore are strategically positioning themselves to capitalize on growth opportunities through capacity expansions and technological innovations. The market is segmented geographically, with regions like Asia-Pacific, North America, and Europe holding significant market shares. The forecast for the Grade A Cathode Copper market indicates a steady expansion over the next decade. Reaching an estimated market value exceeding $230 billion by 2033, the continued growth hinges on successful navigation of market volatility and sustainable sourcing practices. The competitive landscape features a mix of large multinational corporations and regional players, highlighting the global nature of the industry. Continued investment in research and development, coupled with sustainable mining practices and resource management, will be crucial for long-term market stability and growth. Industry consolidation and strategic alliances are also likely to shape the market dynamics in the coming years. The focus on improving energy efficiency and reducing carbon emissions across various sectors will remain a key driver of demand for Grade A Cathode Copper.

The COVID-19 pandemic drove a global drop in prices for several commodity minerals. Between March and April 2020, the average price of copper decreased from ****** U.S. dollars per pound to ****** U.S. dollars per pound. This represented a drop of around ** percent in the global price of copper during that timeframe.

The average annual copper price is forecast to drop by 6% y-o-y to $8,800 per ton this year. Boosting supply in the global copper ore market is to push prices down, while the global demand languishes with slowed construction activity in China.

Copper Alloy Sheet And Strip Market size was valued at USD 9 Billion in 2023 and is projected to reach USD 14.67 Billion by 2031, growing at a CAGR of 6% during the forecast period 2024-2031.

Global Copper Alloy Sheet And Strip Market Drivers The market drivers for the Copper Alloy Sheet And Strip Market can be influenced by various factors. These may include:

Industrial Demand: The Copper Alloy Sheet And Strip Market is primarily driven by strong industrial demand across various sectors. Industries such as automotive, aerospace, electronics, and construction utilize copper alloys for their excellent conductivity, strength, and corrosion resistance. The growing trend of lightweight and durable materials in these industries is prompting manufacturers to adopt copper alloys. Furthermore, the expansion of electric vehicles and renewable energy systems enhances demand for high-performance materials, positioning copper alloys as key components. As industrial activities rebound post-pandemic, the consistent need for copper alloy products in manufacturing supports market growth, addressing both quality and performance standards. Technological Advancements: Technological advancements in metallurgy and manufacturing processes significantly influence the Copper Alloy Sheet And Strip Market. Innovations such as advanced casting techniques, improved rolling methods, and enhanced alloy formulations have led to the development of high-performance copper alloys that cater to specialized applications. These advancements enable manufacturers to produce thinner, stronger, and more ductile products, expanding their utility across various sectors. As industries increasingly seek efficiency and sustainability, the continuous evolution of production technology and the introduction of novel copper alloy variations will drive market growth, aligning with the demand for innovation in design and material performance.

Global Copper Alloy Sheet And Strip Market Restraints Several factors can act as restraints or challenges for the Copper Alloy Sheet And Strip Market. These may include:

Market Restraint: Price Volatility of Raw Materials: The Copper Alloy Sheet And Strip Market faces significant challenges due to the price volatility of raw materials, particularly copper and other alloying elements like zinc, nickel, and aluminum. Unpredictable fluctuations in metal prices can adversely affect production costs, leading to reduced profit margins for manufacturers. This instability also complicates long-term financial planning for companies, as they may struggle to pass on costs to customers without risking their competitive edge. Additionally, market participants may face difficulties in securing consistent supply, further exacerbating pricing issues and creating an uncertain environment for investments in production capacity. Market Restraint: Environmental Regulations: Stringent environmental regulations imposed by governments around the world pose a significant restraint on the Copper Alloy Sheet And Strip Market. Manufacturers are required to comply with a growing array of sustainability standards and emissions controls, which can necessitate costly upgrades to production facilities and processes. Compliance with these regulations can increase operational costs and impact profit margins, thereby limiting the ability of companies to invest in research and development. Moreover, increasing public awareness regarding environmental protection may lead to greater scrutiny and competition among manufacturers, forcing them to adopt eco-friendly practices that further challenge their profitability.

The Oxygen-Free Copper (OFC) market, valued at $11.82 billion in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 2.4% from 2025 to 2033. This growth is driven primarily by the increasing demand from the electronics industry, particularly in high-performance computing, 5G infrastructure, and electric vehicles. The rising adoption of OFC in these sectors stems from its superior electrical conductivity and purity, enabling efficient power transmission and minimizing signal loss. Furthermore, advancements in manufacturing processes are leading to cost reductions and improved OFC quality, further fueling market expansion. However, fluctuations in copper prices and potential supply chain disruptions pose challenges to sustained growth. The market is segmented based on application (electronics, automotive, industrial, etc.) and geography, with Asia-Pacific currently dominating due to the high concentration of electronics manufacturing hubs. Key players like Metrod Holdings Berhad, Aurubis, and Mitsubishi Materials are shaping the competitive landscape through technological innovations and strategic partnerships. The forecast period of 2025-2033 anticipates continued growth, albeit at a moderate pace, mirroring the overall stability within the copper market. The electronics segment is expected to remain the primary growth driver, as the demand for smaller, faster, and more energy-efficient electronic devices persists. While the automotive sector also contributes significantly, its growth will largely depend on the rate of electric vehicle adoption and the associated infrastructure development. The industrial segment, while a consistent consumer of OFC, is expected to show more modest growth compared to the electronics and automotive segments. Competition among major players is likely to intensify, necessitating investments in research and development, strategic alliances, and geographic expansion to maintain a strong market position. Sustainable sourcing and environmentally friendly manufacturing practices will increasingly influence consumer choices and regulatory frameworks, posing both challenges and opportunities for businesses in the OFC market.

This dataset tracks annual reduced-price lunch eligibility from 2008 to 2023 for Copper Country Learning Center vs. Michigan and Copper Country Independent School District

The global high-purity cathode copper market, currently valued at approximately $175.95 million (2025), is projected to experience a compound annual growth rate (CAGR) of -3.4% from 2025 to 2033. This negative CAGR suggests a contracting market, potentially driven by factors such as fluctuating copper prices, economic slowdowns impacting downstream industries (like electronics and renewable energy which are major consumers), and increased competition from alternative materials. However, the market isn't expected to collapse; the negative growth is likely a moderation of previous, more rapid expansion, rather than an absolute decline. Continued demand from the electronics sector, particularly in high-growth areas like electric vehicles and 5G infrastructure, will likely offset some of the negative pressure. Furthermore, the increasing demand for high-purity copper in specialized applications, such as medical devices and advanced semiconductors, could partially mitigate the overall market contraction. Key players like Jiangxi Copper, Tongling Nonferrous Metals, and Freeport-McMoRan will need to strategically adapt their production and market strategies to navigate these challenges effectively, focusing on innovation, cost optimization, and expansion into niche segments. The contraction in the high-purity cathode copper market necessitates a focus on efficiency and strategic partnerships. Companies are likely to consolidate operations, invest in advanced refining technologies to enhance purity and reduce production costs, and explore collaborations to secure supply chains and expand market reach. Geographic factors will also play a significant role, with regions exhibiting stronger economic growth and industrial development likely to experience less severe contractions than others. Government policies promoting sustainable development and renewable energy could indirectly boost demand, offsetting some of the negative trends. The companies listed – including global giants alongside regional players – will need to adapt to the changing landscape by focusing on innovation, niche applications, and cost management to ensure profitability and competitiveness within the projected market contraction.

This dataset tracks annual reduced-price lunch eligibility from 1999 to 2023 for Copper Hills School vs. Utah and Granite School District