Copper fell to 5.07 USD/Lbs on June 27, 2025, down 0.04% from the previous day. Over the past month, Copper's price has risen 8.79%, and is up 15.40% 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 June of 2025.

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 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.

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

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.

Copper prices significantly declined in March 2023, falling to $12,131 per ton (CIF, Germany) - a drop of -30.8% from the previous month.

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.

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

In September 2022, the copper foil price stood at $18.6 per kg (CIF, China), declining by -9.1% against the previous month.

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.

In January 2023, the copper stranded wire price grew by 7% to $11,922 per ton (FOB, Germany) compared to the previous month.

In 2022, the Nigerien copper market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a significant increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

In January 2023, the copper screw price stood at $68,681 per ton (FOB, Hong Kong), surging by 55% against the previous month.

The global copper tubes market is projected to reach a value of Mn by 2033, growing at a CAGR of 6.38% during the forecast period of 2023 to 2033. The increasing demand for copper tubes in the plumbing, HVACR, and industrial sectors is driving the market growth. Copper tubes are preferred for various applications due to their excellent corrosion resistance, thermal conductivity, and malleability. The rising construction activities worldwide, particularly in developing economies, are expected to further augment the demand for copper tubes. Key market trends include the increasing shift towards sustainable construction practices, driving the demand for energy-efficient piping systems, and the adoption of copper tubes in renewable energy applications, such as solar thermal systems and heat pumps. Additionally, advancements in tube manufacturing technologies, such as continuous casting and extrusion, are contributing to reduced production costs and improved product quality. However, factors such as price volatility of copper and competition from alternative materials, such as plastic and aluminum tubes, may pose challenges to the market growth. Recent developments include: January 2021: In January 2021, Kobe Steel's subsidiary, Kobelco & Materials Copper, achieved JIS Certification for JIS H3300 copper and copper alloy pipes and tubes., July 2019: In July 2019, Brass and Copper Holdings, Inc. and the Wieland Group unveiled their merger plans, aiming to provide a comprehensive range of copper products, including tubes, pipes, wire, and more., In March 2024, the Adani Group, a conglomerate involved in coal and airports, announced its expansion into India's metals sector. They commenced operations at their first copper facility located in Mundra, Gujarat. Adani Enterprises, the company that operates the copper industry, aims to compete with Hindalco Industries, which is supported by KM Birla, by having a capacity of 0.5 million tonnes per annum (MTPA) in the initial stage. Hindalco Industries is presently the sole prominent copper producer in India, following the shutdown of Vedanta's Sterlite Copper facility, which had a capacity of 400 kilo tonnes per annum (KTPA) in Tamil Nadu. Adani's initial production capacity of 0.5 million tonnes can assist address the shortfall in domestic production. The company announced its plans to establish a factory with a capacity of one million metric tons per annum (MTPA) in two stages. The first phase will require an investment of approximately $1.2 billion. The company is called Kutch Copper and functions as a subsidiary of Adani Enterprises. Adani's conglomerate currently operates in many sectors including power, ports, airports, data centers, food, coal mining, highways, city-gas, and cement. A significant number of these enterprises were first nurtured and developed within the corporate structure of Adani Enterprises.. Notable trends are: Growing applications in the HVAC and air conditioning systems and increasing demand in the medical sector are driving the market growth.

Cobalt traded flat at 33,335 USD/T on June 26, 2025. Over the past month, Cobalt's price has fallen 1.08%, but it is still 22.78% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cobalt - values, historical data, forecasts and news - updated on July of 2025.

The global copper sulphate market size was valued at 441.7 Kilo Tons in 2024. Looking forward, IMARC Group estimates the market to reach 528.4 Kilo Tons by 2033, exhibiting a CAGR of 2.0% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of 42.1% in 2024. The market is witnessing steady growth, driven by rising demand across agriculture, mining, water treatment, and industrial sectors. Increased focus on sustainable farming practices and expanding infrastructure projects are supporting its wider adoption. Continuous advancements in product quality and application techniques are also strengthening its presence across global markets, contributing to the overall copper sulphate market share.

IMARC Group provides an analysis of the key trends in each segment of the global copper sulphate market, along with forecast at the global and regional levels from 2025-2033. The market has been categorized based on end-use.

Aluminum rose to 2,603.55 USD/T on June 30, 2025, up 0.18% from the previous day. Over the past month, Aluminum's price has risen 5.21%, and is up 3.50% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on June of 2025.

In May 2023, the Copper Foil price was $21,392 per ton (FOB, Hong Kong), showing a decrease of -6.6% compared to the previous month.

Lithium rose to 61,300 CNY/T on June 30, 2025, up 0.25% from the previous day. Over the past month, Lithium's price has risen 1.66%, but it is still 33.01% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium - values, historical data, forecasts and news - updated on June of 2025.

Titanium traded flat at 50.50 CNY/KG on June 27, 2025. Over the past month, Titanium's price has remained flat, but it is still 2.02% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Titanium.