Copper rose to 5.74 USD/Lbs on July 23, 2025, up 0.21% from the previous day. Over the past month, Copper's price has risen 17.49%, and is up 39.80% 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.

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.

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).

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.

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

Copper prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 3344.44 USD per metric ton with a minimum of 606.71 USD per metric ton in January 1961 and a maximum of 10230.89 USD per metric ton in March 2022. | TheGlobalEconomy.com

The price of copper is influenced by global supply and demand dynamics, macroeconomic factors, and other variables such as the strength of the US dollar. This article explores the main factors that affect copper prices, including supply and demand balances, supply disruptions, the electrification of industries, and investor sentiment. Understanding these factors is crucial for stakeholders in the copper industry to make informed decisions and mitigate risks.

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.

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

Graph and download economic data for Producer Price Index by Commodity: Special Indexes: Copper and Copper Products (WPUSI019011) from Jan 1967 to Jun 2025 about copper, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In August 2022, the copper price per ton amounted to $6 per kg, surging by 62% against the previous month.

Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars.

Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire (WPU10230102) from Dec 1986 to Jun 2025 about copper, wired, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In the first quarter (Q1) of 2025, the global price of copper amounted to more than 9,300 U.S. dollars per metric ton. Between Q4 2022 and Q1 2025, the highest price of copper worldwide was in Q2 2024, when it reached almost 9,750 U.S. dollars per metric ton.

Zambia Copper Export: LME Price data was reported at 6,215.900 USD/Tonne in Oct 2018. This records an increase from the previous number of 6,020.000 USD/Tonne for Sep 2018. Zambia Copper Export: LME Price data is updated monthly, averaging 6,860.205 USD/Tonne from Jan 2010 (Median) to Oct 2018, with 106 observations. The data reached an all-time high of 9,867.600 USD/Tonne in Feb 2011 and a record low of 4,462.750 USD/Tonne in Jan 2016. Zambia Copper Export: LME Price data remains active status in CEIC and is reported by Central Statistical Office. The data is categorized under Global Database’s Zambia – Table ZM.P004: Average Copper and Crude Oil Price.

The USA: Copper mine production in metric tons: The latest value from 2020 is 1200000 metric tons, a decline from 1260000 metric tons in 2019. In comparison, the world average is 387920 metric tons, based on data from 53 countries. Historically, the average for the USA from 2001 to 2020 is 1228947 metric tons. The minimum value, 1110000 metric tons, was reached in 2010 while the maximum of 1430000 metric tons was recorded in 2016.

Graph and download economic data for Wholesale Price of Copper Wire for New York (M04178US000NYM267NNBR) from Jan 1901 to Dec 1951 about copper, wired, wholesale, metals, NY, price, and USA.

The average price per one pound of copper realized by Barrick Gold Corporation stood at 3.85 U.S. dollars in 2023. Barrick Gold Corporation is a Canada-based mining company and one of the top gold producers worldwide.

In July 2022, the copper price per ton stood at $3,712, waning by -33.1% against the previous month.

Freeport-McMoRan was the world's leading copper mining company based on output in 2023, producing some 2.06 million metric tons of the metal. The U.S.-based company was followed by the Australian company BHP, with a copper output of nearly 1.4 million metric tons.

A fluctuating global copper market impacted by low supply

Throughout 2020, mine closures as a result of the COVID-19 pandemic led to a reduction of the copper production volume and demand. By April 2020, monthly copper prices had slumped to some 5,058 nominal U.S. dollars per metric ton of copper, before soaring to a record high over a year later in May 2021. This price hike was linked to depleted copper inventories in April 2021, which led the Bank of America to issue a warning regarding copper supply levels. Calls by the Chinese government over the need to restrain commodity prices paired with a strike at BHP’s Santiago integrated operations center contributed to a slight dip in copper prices thereafter. However, a new record-high copper price was recorded in May 2022, at 10,231 U.S. dollars per metric ton.

Copper market worldwide

At six percent, BHP shared the same copper production share as Freeport in 2022, only trailing Codelco, which held seven percent at that time. The Chilean copper mining company Codelco recorded revenues of over 17 billion U.S. dollars in 2022. Europe represented Codelco’s leading regional market in terms of revenues. Europe was the second largest refined copper consumer behind China and the rest of Asia, which amounted for over half of the global demand in 2022. That same year, China ranked fourth for copper mine production worldwide. It was dwarfed by Chile, which produced an estimated 5.2 million metric tons of the commodity.