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).

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

Explore the various factors affecting the price of copper, including demand from industrializing countries, supply disruptions, global economic conditions, and exchange rates. Understand how these dynamics influence its spot price and the role of technological advancements in renewable energy and EVs on future trends.

In November 2024, the average monthly price for copper stood at over 9,000 U.S. dollars per metric ton. This is down from a monthly high exceeding 10,000 U.S. dollars in March 2024, which was among the highest monthly values observed in the past decade.

Explore the factors influencing copper prices, including global demand and supply, currency strength, technological advancements, and government policies. Understand how these elements impact industries relying on copper for their operations and get insights into market dynamics for informed investment decisions.

As of June 20, 2024, copper futures contracts to be settled in July 2029 were trading on U.S. markets at around 4.5 U.S. dollars per pound. This is higher than the price of 3.92 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.

Explore the dynamic factors influencing copper prices, including supply and demand, market speculation, and global economic conditions. Understand copper's role as an economic indicator and its impact on industries such as construction, manufacturing, and renewable energy. Discover how historical volatility, supply disruptions, and future demand scenarios shape the market.

Cobalt traded flat at 33,700 USD/T on June 5, 2025. Over the past month, Cobalt's price has remained flat, but it is still 24.13% 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 June of 2025.

This dataset encapsulates a detailed examination of market dynamics over a five-year period, focusing on the fluctuation of prices and trading volumes across a diversified portfolio. It covers various sectors including energy commodities like natural gas and crude oil, metals such as copper, platinum, silver, and gold, cryptocurrencies including Bitcoin and Ethereum, and key stock indices and companies like the S&P 500, Nasdaq 100, Apple, Tesla, Microsoft, Google, Nvidia, Berkshire Hathaway, Netflix, Amazon, and Meta Platforms. This dataset serves as a valuable resource for analyzing trends and patterns in global markets.

Date: The date of the recorded data, formatted as DD-MM-YYYY. Natural_Gas_Price: Price of natural gas in USD per million British thermal units (MMBtu). Natural_Gas_Vol.: Trading volume of natural gas Crude_oil_Price: Price of crude oil in USD per barrel. Crude_oil_Vol.: Trading volume of crude oil Copper_Price: Price of copper in USD per pound. Copper_Vol.: Trading volume of copper Bitcoin_Price: Price of Bitcoin in USD. Bitcoin_Vol.: Trading volume of Bitcoin Platinum_Price: Price of platinum in USD per troy ounce. Platinum_Vol.: Trading volume of platinum Ethereum_Price: Price of Ethereum in USD. Ethereum_Vol.: Trading volume of Ethereum S&P_500_Price: Price index of the S&P 500. Nasdaq_100_Price: Price index of the Nasdaq 100. Nasdaq_100_Vol.: Trading volume for the Nasdaq 100 index Apple_Price: Stock price of Apple Inc. in USD. Apple_Vol.: Trading volume of Apple Inc. stock Tesla_Price: Stock price of Tesla Inc. in USD. Tesla_Vol.: Trading volume of Tesla Inc. stock Microsoft_Price: Stock price of Microsoft Corporation in USD. Microsoft_Vol.: Trading volume of Microsoft Corporation stock Silver_Price: Price of silver in USD per troy ounce. Silver_Vol.: Trading volume of silver Google_Price: Stock price of Alphabet Inc. (Google) in USD. Google_Vol.: Trading volume of Alphabet Inc. stock Nvidia_Price: Stock price of Nvidia Corporation in USD. Nvidia_Vol.: Trading volume of Nvidia Corporation stock Berkshire_Price: Stock price of Berkshire Hathaway Inc. in USD. Berkshire_Vol.: Trading volume of Berkshire Hathaway Inc. stock Netflix_Price: Stock price of Netflix Inc. in USD. Netflix_Vol.: Trading volume of Netflix Inc. stock Amazon_Price: Stock price of Amazon.com Inc. in USD. Amazon_Vol.: Trading volume of Amazon.com Inc. stock Meta_Price: Stock price of Meta Platforms, Inc. (formerly Facebook) in USD. Meta_Vol.: Trading volume of Meta Platforms, Inc. stock Gold_Price: Price of gold in USD per troy ounce. Gold_Vol.: Trading volume of gold

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Description Long Imperial Metals All values are given in CAD unless otherwise stated Imperial Metals looks like a dreadful investment. The company has been loss making for 8 of the last 10 years, and 80% lower despite never having paid a dividend. Granted, things haven’t always gone their way, being responsible for one of the largest tailings dam breaches in Canada in 2014. But somewhat unexpectedly, the company will report a decent profit this year and this should only increase in the coming years. Because despite this terrible track record, they have a 30% ownership of one of the most profitable copper-gold mines of the coming decade. And that mine has ample room to grow even larger. best stock research sites best stock research sites Imperial owns 2 active copper/gold mines named Mount Polly and Red Chris, both located in Canada. They both have a pretty interesting future production profile, but most of the value is in Red Chris. Red Chris was acquired by Imperial in 2007, and they spend big on opening an open pit mine, for it to just lose money for almost a decade. Imperial Metals had been written up on VIC before, and Red Chris was one of the foundations of that writeup, but things didn’t work out as planned. Back in 2007, the company conducted a deep exploration drilling program, coming up with some great results. One standout was an interception of 1024.1 meters grading 1.01 per cent copper and 1.26 grams per tonne gold, one of the longest mineralized intercepts ever drilled in British Columbia. This drillhole opened up a whole new way of looking at this mineralization, or so you would think. Many drill programs later, the potential of an underground mine was established, and the company published an updated feasibility study in 2012, of an open pit mine.. To give an example, they published a report for a 29 mine life open pit mine with a 442 million capital cost and a base case NPV10 after tax of 134 million. So it wasn’t until the entry of Newcrest in August 2019, having bought a 70% stake in Red Chris from Imperial for 806 US million, that the potential of a block cave became obvious. Two years after their purchase they published a feasibility study for an underground block cave with an NPV of 2.3 Billion, a 31 year mine life and an AISC (All In Sustaining Cost) to mine of negative 180 US dollars per ounce, with 8.1 million ounces of gold and 2.2 Million tonnes of copper in reserves, from total ore produced of 406 Million tonnes (remember this last number). Newcrest were (prior to their merger with Newmont) the operator of the low cost Cadia mine in Australia. Cadia has long been somewhat the envy of the industry, given its long mine life and very low cost. This is achieved by a mining method called Block Caving. Block caving is a low cost method where they start mining the orebody underground from beneath. They essentially blast a long decline to a great depth, make reinforced corridors under the orebody and start drilling upwards in the orebody. Then they blast this body and remove ore from underneath so it comes caving down into some fixed drawpoints. As you can see, this mining method, due to the help of gravity is quite cheap. There is no need to back fill, keep drilling, use explosives or to developing new levels in the mine. Of course, there are some requirements for a block cave mine, like a very large and vertical orebody, some rock characteristics so it has the capability to cave in by its own weight, etc.. Luckily, Red Chris has these characteristics. At the current Imperial Metals EV of 740 million, that is pretty close to the 30% NPV of 2.3 Billion that Newcrest calculated for Red Chris. Some caveats here. The NPV was calculated with reference prices of 1500 dollar gold and 3.3 dollars per pound of copper. The current prices are at least 50% higher for both commodities. Additionally, the underground development (and capex) has advanced 3-4 years closer to production, and the time where Red Chris will become FCF positive is at the current prices probably this year, and at the feasibility study reference prices in 2 years, when the block caving will begin. In 2028, Red Chris should, at feasibility study prices, deliver a FCF to Imperial of 100 million, and in 2029 that number should be 200 million, or 50% of the current market cap. At the current higher commodity prices, that amount will probably be closer to 3-400 million in 2029, or about the current market cap. The NPV at 1750 gold and 4.15 copper is already 1.2 billion net to Imperial Metals (or almost 60% higher than the current EV, which will all go to the equity). And then there is ample opportunity for the orebody to expand. For example, at Cadia, many more orebodies have been discovered nearby, which is a common occurrence with this type of porphyr orebodies. And this isn’t just hope speaking, but the drillbit. There is an East Ridge orebody, for which there hasn’t been a feasibility study yet, but a 14 march 2023 press...

Lithium traded flat at 60,200 CNY/T on June 6, 2025. Over the past month, Lithium's price has fallen 9.68%, and is down 40.69% compared to the same time last year, 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.

Australia's copper mining industry is experiencing significant shifts, with Sandfire Resources Limited emerging as the leader among ASX-listed copper miners. With a market capitalization of around 5.35 billion Australian dollars in March 2025, Sandfire has taken the top spot following BHP's acquisition of former industry leader OZ Minerals in early 2023. Copper mining in Australia Australia has some of the largest reserves of copper in the world. The leading markets for copper exports from Australia can be found in Asia, with China being the largest Australian copper recipient by value. Since 2019, the production of copper from Australian mines has followed a downward trend, with production quantities only slightly increasing in 2023. Despite this, Australia could play an important role in meeting the rising global demand for this critical mineral. Australia's global mining presence Australia's significance in the global mining industry extends beyond copper. BHP Group Limited, a British-Australian mining giant, leads the metals and mining companies on the ASX with a market capitalization of over 206 billion Australian dollars. BHP's diverse portfolio, which includes coal, copper, and iron ore, contributed to its impressive revenue of around 55.7 billion U.S. dollars in fiscal year 2024. The mining industry's importance to Australia's economy is highlighted by its substantial value addition, exceeding 350 billion Australian dollars in fiscal year 2023, and its role as a major employer in the country.