Copper increased 1.13 USd/LB or 28.38% since the beginning of 2025, 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 March 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 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.

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

During the last quarter of 2024, the copper prices in the USA reached 16341 USD/MT in December. As per the copper price chart, the market in the United States displayed mixed signals, with fluctuating prices influenced by macroeconomic trends. A surge in imports indicated growing industrial requirements, particularly in relation to AI-driven technology, electric vehicle networks, and power infrastructure upgrades.

Explore IMARC’s newly published report, titled “Copper Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of copper pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

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.

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 Producer Price Index by Commodity: Metals and Metal Products: No. 1 Copper Scrap, Including Wire (WPU10230101) from Dec 1986 to Feb 2025 about copper, wired, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In the second half of 2023, the price of copper scrap in the United States reached 6027 USD/MT. It encompasses an in-depth review of spot price of copper scrap at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of copper scrap price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

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.

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.

United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire was 929.98800 Index Dec 1986=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire reached a record high of 1036.99300 in May of 2024 and a record low of 100.00000 in December of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Wholesale Price of Copper Wire for New York (Q04178US000NYQ267NNBR) from Q1 1890 to Q4 1924 about copper, wired, wholesale, metals, NY, price, and USA.

Discover how to analyze the copper commodity graph by exploring the factors affecting copper prices, including industrial demand, geopolitical influences, and market sentiment. Learn about the impacts of green technologies and economic health on this vital commodity.

Chile Average Price: Refined Copper: COMEX data was reported at 2.682 USD/lb in Jan 2019. This records a decrease from the previous number of 2.723 USD/lb for Dec 2018. Chile Average Price: Refined Copper: COMEX data is updated monthly, averaging 1.001 USD/lb from Jan 1973 (Median) to Jan 2019, with 553 observations. The data reached an all-time high of 4.492 USD/lb in Feb 2011 and a record low of 0.520 USD/lb in Jan 1975. Chile Average Price: Refined Copper: COMEX data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Metal Prices.

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.

Zambia Commodity Prices: Copper data was reported at 6,222.440 USD/Tonne in Oct 2018. This records an increase from the previous number of 6,074.270 USD/Tonne for Sep 2018. Zambia Commodity Prices: Copper data is updated monthly, averaging 6,341.039 USD/Tonne from Jan 2013 (Median) to Oct 2018, with 70 observations. The data reached an all-time high of 8,070.559 USD/Tonne in Feb 2013 and a record low of 4,471.250 USD/Tonne in Jan 2016. Zambia Commodity Prices: Copper data remains active status in CEIC and is reported by Bank of Zambia. The data is categorized under Global Database’s Zambia – Table ZM.P001: Commodity Price.

The copper plate prices in the United States for Q2 2024 reached 13650 USD/MT in June. The market experienced significant price changes driven by demand fluctuations in the automotive and energy sectors. Affected by strong inventory levels and a robust US dollar, copper became more costly. The quarter ended with a cautious outlook, balancing stable pricing against ongoing supply uncertainties and Federal Reserve policies on interest rates.

Peru Export Price: Mining: Copper data was reported at 2.450 USD/lb in Sep 2018. This records a decrease from the previous number of 2.502 USD/lb for Aug 2018. Peru Export Price: Mining: Copper data is updated monthly, averaging 1.153 USD/lb from Jan 1985 (Median) to Sep 2018, with 405 observations. The data reached an all-time high of 4.734 USD/lb in May 2011 and a record low of 0.512 USD/lb in Feb 1985. Peru Export Price: Mining: Copper data remains active status in CEIC and is reported by Central Reserve Bank of Peru. The data is categorized under Global Database’s Peru – Table PE.P004: Export Price.

The copper price on the London Metal Exchange (LME) stood at an average of 420 U.S. cents per pound in 2024. This figure represents an increase of about nine percent in comparison to the previous year and the highest figure during the period under consideration.