Copper rose to 5.19 USD/Lbs on December 2, 2025, up 0.35% from the previous day. Over the past month, Copper's price has risen 3.22%, and is up 25.36% 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 December of 2025.

Refined Copper Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

In 2025, the price of a copper cable with the following specifications: 3C + E, 2.5mm PVC amounted to 16 Canadian dollars per meter in Toronto and 18 Canadian dollars per meter in Vancouver. Meanwhile, the prices of a copper pipe of 15 millimeters was somewhat lower.

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 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.

In 2024, after two years of decline, there was significant growth in the Canadian copper market, when its value increased by 8.3% to $3.8B. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $4B. From 2022 to 2024, the growth of the market failed to regain momentum.

Mine-level copper data (1953-1984) used in Young, D. (1992), "Cost Specification and Firm Behaviour in a Hotelling Model of Resource Extraction," Canadian Journal of Economics XXV, 41-59. Spreadsheet has 5 tabs (including data and explanatory materials).

Canada Import Value: HS: Copper: Waste and Scrap data was reported at 90,466.103 CAD th in Feb 2025. This records an increase from the previous number of 80,056.361 CAD th for Jan 2025. Canada Import Value: HS: Copper: Waste and Scrap data is updated monthly, averaging 20,262.675 CAD th from Jan 1988 (Median) to Feb 2025, with 446 observations. The data reached an all-time high of 90,466.103 CAD th in Feb 2025 and a record low of 3,223.100 CAD th in Jan 1992. Canada Import Value: HS: Copper: Waste and Scrap data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.WB006: Import Value.

The copper market in the USA and Canada is forecasted to grow from USD 23.09 billion in 2025 to USD 37.88 billion by 2035, advancing at a CAGR of 5.1% over the assessment period.

Canada Export Price Index: Customs: CM: Copper in Ores, Concentrates & Scrap data was reported at 286.900 2002=100 in Aug 2012. This records a decrease from the previous number of 300.000 2002=100 for Jul 2012. Canada Export Price Index: Customs: CM: Copper in Ores, Concentrates & Scrap data is updated monthly, averaging 253.700 2002=100 from Jan 2002 (Median) to Aug 2012, with 128 observations. The data reached an all-time high of 374.900 2002=100 in Feb 2011 and a record low of 90.500 2002=100 in Jun 2003. Canada Export Price Index: Customs: CM: Copper in Ores, Concentrates & Scrap data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I029: Export Price Index: 2002=100.

Aluminum fell to 2,884.05 USD/T on December 2, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has fallen 0.99%, but it is still 10.42% higher than a year ago, 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 December of 2025.

15 Global import shipment records of Scrap,copper with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

In September 2022, the copper wire price stood at $11.3 per kg (FOB, Canada), jumping by 24% against the previous month.

Canadian metal producers have benefited from growing economic uncertainty and rising prices as consumers seek safer investments, such as gold and silver. Similarly, growing manufacturing and construction activity following the initial stages of the pandemic caused the price of other metals, including copper and nickel, to skyrocket, enabling refineries to pass down cost increases to buyers. However, refineries have been negatively impacted by normalizing economic conditions and falling metal prices, which place downward pressure on revenue. Growing vertical integration trends have enabled Canadian metal producers to become more competitive by lowering purchase costs and making refineries more profitable. However, for refiners who are unable to achieve vertical integration, they face significant input price volatility. This volatility, combined with high import penetration due to competitive price-cutting, has forced refiners to absorb the price increases, compressing profit. These trends are estimated to raise revenue at a five-year CAGR of 3.3% to $21.2 billion through the end of 2025, with a 7.1% increase estimated for the current year. Refineries in Canada are being increasingly threatened by the rising import penetration, which results in prominent price competition. The lower operating costs and fewer environmental regulations in foreign countries, such as China and Cuba, give importing refiners an advantage over domestic producers by enabling them to offer lower prices. The value of the loonie has remained somewhat stable over recent years, preventing domestic producers from gaining an advantage over foreign producers. However, the weakening demand for nonferrous metals has strained trade activity. Economic conditions are forecast to continue recovering, resulting in weakening metal prices and, therefore, weakening revenue. Stabilizing economic conditions will boost demand from the construction and manufacturing sectors and weaken demand for jewelry and investment metals. The value of the loonie is expected to remain mostly unchanged, enhancing competition from lower-priced imports. As a result, revenue is estimated to drop at a five-year CAGR of -0.6% to $20.5 billion through the end of 2030.

Canada Export Price Index: Customs: FM: Copper & Alloys data was reported at 317.900 2002=100 in Aug 2012. This records a decrease from the previous number of 322.300 2002=100 for Jul 2012. Canada Export Price Index: Customs: FM: Copper & Alloys data is updated monthly, averaging 252.850 2002=100 from Jan 2002 (Median) to Aug 2012, with 128 observations. The data reached an all-time high of 387.800 2002=100 in Feb 2011 and a record low of 91.700 2002=100 in Jun 2003. Canada Export Price Index: Customs: FM: Copper & Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I029: Export Price Index: 2002=100.

Canada's exports of copper ore had a total value of 3.5 billion U.S. dollars in 2022. That amounted to a 3.9 percent share of global copper exports that year, and put Canada as the fifth-largest copper ore exporting country based on value.

Canada Import Value: HS: Copper: Wire of Refined Copper, max cross sectional dimension is 6mm or less data was reported at 4,555.185 CAD th in Feb 2025. This records a decrease from the previous number of 7,984.338 CAD th for Jan 2025. Canada Import Value: HS: Copper: Wire of Refined Copper, max cross sectional dimension is 6mm or less data is updated monthly, averaging 2,499.907 CAD th from Jan 1988 (Median) to Feb 2025, with 446 observations. The data reached an all-time high of 8,310.303 CAD th in Sep 2006 and a record low of 841.413 CAD th in Dec 1990. Canada Import Value: HS: Copper: Wire of Refined Copper, max cross sectional dimension is 6mm or less data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.WB006: Import Value.

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Copper Market Size 2024-2028

The copper market size is forecast to increase by USD 70 billion, at a CAGR of 6.78% between 2023 and 2028. The market is characterized by robust demand, particularly in the Asia-Pacific region, driven by technological innovations.

Major Market Trends & Insights

APAC dominated the market and accounted for a 73% share in 2022. The market is expected to grow significantly in North America region as well over the forecast period. Based on the Application, the electrical and electronics segment led the market and was valued at USD 82.20 billion of the global revenue in 2022. Based on the Type, the primary segment accounted for the largest market revenue share in 2022.

Market Size & Forecast

Market Opportunities: USD 191.60 Billion Future Opportunities: USD 70 Billion CAGR (2023-2028): 6.78% APAC: Largest market in 2022

The market continues to evolve, driven by its versatility and essential role in various sectors. Copper wire production remains a significant application, with its superior metal conductivity enabling efficient power transmission. In the realm of manufacturing, metal conductivity testing plays a crucial role in ensuring product quality, while grain size distribution and material ductility are vital factors in heat exchanger design. Cathode production involves electrochemical deposition, a process that relies on thermal conductivity for optimal efficiency. Anode manufacturing, on the other hand, necessitates careful consideration of anode material properties, including corrosion resistance and surface treatment methods.

What will be the Size of the Copper Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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Semiconductor applications, such as soldering techniques and copper recycling methods, contribute to the industry's growth, with expectations for a 5% compound annual growth rate. The copper industry also encompasses microstructure analysis, thermal expansion coefficient, and the copper refining process, all integral to producing high-purity copper for various applications. Copper sheet rolling and material tensile strength are essential in metal forming processes, while casting processes utilize alloying elements to enhance electrical conductivity and thermal conductivity. Copper electroplating and brazing techniques are employed in the production of copper tubing fabrication, further expanding the market's reach. Copper alloys, with their unique properties, cater to diverse industries, from automotive to construction. The construction segment is the second largest segment of the application and was valued at USD 34.20 billion in 2022.

Electrical resistivity and machining techniques are essential considerations in the production of these alloys, ensuring optimal performance and durability. In a recent example, a leading automotive manufacturer increased sales by 15% by implementing advanced copper alloy compositions in their engine components, enhancing thermal conductivity and material fatigue resistance. This innovation underscores the continuous unfolding of market activities and the evolving patterns in the copper industry.

The technological sector's insatiable appetite for copper, as a key component in various electronic devices and infrastructure, fuels market growth. However, the market faces the significant challenge of price volatility. Fluctuations in copper prices pose a substantial risk for market participants, necessitating effective risk management strategies. Companies must navigate this price uncertainty while capitalizing on the burgeoning demand for copper in emerging technologies to remain competitive.

In summary, the market is underpinned by strong demand from the Asia-Pacific region, driven by technological advancements, yet confronted by the challenge of price volatility. Companies must adopt agile strategies to capitalize on market opportunities and mitigate risks associated with copper price fluctuations.

How is this Copper Industry segmented?

The copper industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

Electrical and electronics Construction Telecommunication Transportation Others

Type

Primary Secondary Oxygen-Free Electrolytic

Product Form

Wire Rods Tubes Sheets and Strips Plates Bars and Sections

Geography

North America

US Canada

Europe

France Germany Italy UK

Middle East and Africa

Egypt KSA Oman UAE

APAC

China India Japan

South America

Argentina Brazil

Rest of World (ROW)

By Application Insights

The electrical and electronics segment is estimated to witness significant growth during the forecast period. The segmen

Copper, nickel, lead and zinc mining play a vital role in Canada's economy, positioning it among the world's top ten producers of these metals. As the prices of these metals are subject to global market conditions, there can be significant volatility in revenue and profit. While the world prices of copper, nickel and lead have seen overall growth over the past five years, more recent years have seen prices decline from the relative highs they reached amid the supply chain issues that arose in the wake of the COVID-19 pandemic. Zinc and lead production, long accounting for a minority of industry revenue, has steadily declined, with lead production, largely a byproduct of zinc production, set to reach zero in 2025. Overall, revenue is expected to have declined at a CAGR of 6.4% to $9.4 billion through the end of 2025, including a 2.7% slump in 2025 alone amid falling metal prices. Environmental concerns have fueled the need for domestic and international copper and nickel. These metals are pivotal in producing various clean energy technologies like electric vehicles, wind turbines and solar panels. Given their high conductivity, copper and nickel are critical components for these innovative products. The need for these metals will surge as Canada transitions toward greener technology. Looking ahead, industry revenue is set to climb at a CAGR of 2.6% to $10.6 billion by the end of 2030. Improvements in market conditions for copper and nickel will help buoy revenue, while continued declines to already diminished zinc production will have a small impact on overall industry revenue. Increased government funding for infrastructure projects is set to stimulate growth in downstream markets, creating a heightened need for copper and nickel. The depreciation of the Canadian dollar will make domestic metals more competitively priced for foreign countries, leading to a potential rebound in exports and providing an extra boost to industry revenue. Nonetheless, despite these positive developments, the challenge of imports remains a concern for domestic mines.

The average copper ores and concentrates export price stood at $9,050 per ton in February 2025, increasing by 26% against the previous month.