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).

Copper fell to 4.86 USD/Lbs on June 24, 2025, down 0.26% from the previous day. Over the past month, Copper's price has risen 1.24%, and is up 11.28% 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.

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

Get the latest insights on price movement and trend analysis of Copper Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

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 May 2025 about copper, wired, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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.

The annual producer price index of copper scrap in the United States averaged 606.1 in 2023, with 1982 used as the base year (1982 = 100). This represented a slight decrease in comparison to the previous year, down from a price index of 613.6. Despite the decline, figures remain above pre-pandemic levels, with a growth of roughly 50 percent in comparison to 2019.

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.

The COMEX scrap copper prices are an important indicator of the value and market sentiment surrounding copper scrap. This article explains what COMEX is, how the prices are influenced, and the significance of monitoring them for industry participants.

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

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

In 2021, around eight billion U.S. dollars worth of copper were recycled from scrap copper in the United States. This represented an increase of roughly 48 percent in comparison to the previous year. Figures include the total value of copper recovered from new plus old scrap.

Understanding the trend in scrap copper prices is crucial for those involved in the copper industry. This article explores the fluctuation of scrap copper prices over the years, highlighting the factors that influence them and their impact on the market. From the peak in 2012 to the decline in subsequent years, to the recent signs of recovery in 2021, this article provides valuable insights for making informed business decisions.

Copper prices in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 2025. The average value during that period was 3336.17 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

Get the latest insights on price movement and trend analysis of Copper in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Learn about the factors that influence the price of pure copper scrap, including global supply and demand, purity level, market conditions, and recycling rates. Discover why pure copper scrap is highly sought after and how factors such as demand, supply, and market conditions affect its price. Stay informed about the latest market trends and understand the economic value of pure copper scrap.

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 annual Comex price of copper in 2022 amounted to 400 U.S. cents per pound, a slight decrease compared to the previous year. The preliminary figure for the 2023 Comex copper price was 385 U.S. cents per pound.

CN: Transaction Price: Electrolyse Copper, No 1: Zhengzhou data was reported at 47,050.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 47,400.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Zhengzhou data is updated monthly, averaging 45,830.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 263 observations. The data reached an all-time high of 75,500.000 RMB/Ton in Apr 2007 and a record low of 15,400.000 RMB/Ton in Oct 2002. CN: Transaction Price: Electrolyse Copper, No 1: Zhengzhou data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Copper Price.