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.

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.

This statistic depicts the average annual prices for copper from 2014 through 2026*. In 2024, the average price for copper stood at 9,142 nominal U.S. dollars per metric ton.

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).

View monthly updates and historical trends for Copper Price. Source: World Bank. Track economic data with YCharts analytics.

Learn about the LME copper price per kg, a global benchmark crucial for manufacturers, traders, and investors. Understand how supply and demand dynamics, geopolitical factors, and economic indicators influence copper pricing and market trends.

In 2021, the average annual market price of copper peaked at ***** U.S. dollars per metric ton, before slightly decreasing in 2022 and 2023, when its average price was ***** 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 ************ metric tons of copper. Following China was Europe, with a total demand of just over *********** 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 *** U.S. cents per pound. The average Comex price in 2022 was estimated to be about *** U.S. cents per pound.

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

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.

Graph and download economic data for Wholesale Price of Copper for Berlin, Germany (M0416BDE00BERM370NNBR) from Jan 1904 to Jul 1935 about Berlin, copper, wholesale, Germany, metals, and price.

In 2023, after two years of decline, there was growth in purchases abroad of refined copper, when their volume increased by 0.2% to 135K tons.

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

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.

Russia Average Export Price: Refined Copper data was reported at 5,956.600 USD/Ton in Nov 2018. This records an increase from the previous number of 5,798.500 USD/Ton for Oct 2018. Russia Average Export Price: Refined Copper data is updated monthly, averaging 5,681.100 USD/Ton from Dec 1999 (Median) to Nov 2018, with 227 observations. The data reached an all-time high of 9,650.800 USD/Ton in Feb 2011 and a record low of 1,212.000 USD/Ton in Nov 2001. Russia Average Export Price: Refined Copper data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.PC001: Average Export Price.

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

South Korea Electric Copper data was reported at 11,299.000 USD/Ton in 01 Dec 2025. This records an increase from the previous number of 11,004.000 USD/Ton for 28 Nov 2025. South Korea Electric Copper data is updated daily, averaging 8,100.500 USD/Ton from Jul 2021 (Median) to 01 Dec 2025, with 1111 observations. The data reached an all-time high of 11,299.000 USD/Ton in 01 Dec 2025 and a record low of 7,000.000 USD/Ton in 15 Jul 2022. South Korea Electric Copper data remains active status in CEIC and is reported by Ministry of Trade, Industry and Energy. The data is categorized under Global Database’s South Korea – Table KR.P: Raw Material Prices.

Latest Delhi scrap metal prices including Copper, Brass, Aluminium, Zinc, Lead, and more. Updated daily with market trends.

The data set is part of a LCA study on copper products. The study is based on recent industry data supplied by the European copper industry, and thus reflecting the reality in copper semis fabrication. Copper wiring is the standard in residential building wire and its use in transformers and motor driven systems helps to increase energy efficiency. In electrical applications, while the use phase is the most important in the overall Life Cycle Assessment, the economic value of copper scrap, based on its ability to be recycled 100% without any loss in performance, must also be included in comparative assessments. Given the broad range of wire diameters in use in the market, the data provided is for one metre of uninsulated copper wire, with a cross section of one square millimetre. The data values should be adjusted to fit the exact wire size for any given application. For example, a typical residential building wire has a cross section of 2.5 square millimetres.

Technical Purpose: Copper wire for usage in electric motors (all kind of electric coils), conductors, inductors as well as for wiring in cars, houses / buildings, ships, aircrafts, etc.

Geographical Representation: EU-25

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

According to Cognitive Market Research, the copper market size is expected to reach USD XX Million by 2024 and is projected to grow to USD XX Million by the end of 2033, expanding at a CAGR of XX% from 2025 to 2033.

Asia-Pacific held largest share of XX% in the year 2024 
Europe held share of XX% in the year 2024 
North America held significant share of XX% in the year 2024 
South America held significant share of XX% in the year 2024
Middle East and Africa held significant share of XX% in the year 2024 

Market Dynamics of Copper Industry

Key drivers

A global shift towards electrification and renewable energy is driving the market growth for the copper market.

The world's move towards electrification and renewable energy is propelling strong growth in the copper market. Copper plays a crucial role in a vast array of uses, particularly as the world ramps up the shift towards clean energy and electric vehicles (EVs). EVs use far more copper than internal combustion engine vehicles while a standard car holds approximately 23–55 kg of copper, an average battery electric vehicle employs approximately 83 kg, and electric buses need anywhere from 89 kg to as much as 369 kg, depending on battery capacity. This boom in EV manufacturing, fueled by tightening emissions regulations and government incentives, is largely responsible for driving copper demand. Apart from that, advancements in automobile technology and the growth of copper demand for charging infrastructure are also augmenting copper demand. Outside the automotive market, copper's essential role in solar and wind energy systems infrastructure and accelerated industrialization and urbanization continues to support market demand. Market demand is also aided by the high recyclability of copper, in which secondary copper is gaining ground and significantly contributing to total supply. Despite this surging demand, particularly from the EV and renewable industries, it is happening in conjunction with possible supply limitations, thus exerting upward pressure on copper prices. Consequently, the copper market is active and being influenced by growing applications and shifting supply-demand dynamics, with the world's transition towards electrification and sustainability at its centre.

Source:https://internationalcopper.org/wp-content/uploads/2017/06/2017.06-E-Mobility-Factsheet-1.pdf

Restraints

Environmental Regulations and Sustainable Mining are restricting the market growth of the copper market.

Producers of copper nowadays are confronted with increasing difficulties owing to stricter environmental legislation and greater public pressure on the mining sector. Complying with these enhanced environmental standards entails substantial investment, which in turn contributes to increased production costs. Copper mining has been known to result in severe environmental issues, including pollution of air and water, destruction of habitats, and release of toxic chemicals. A chief concern is acid mine drainage (AMD), where minerals exposed to water and oxygen react, polluting surrounding water sources and affecting ecosystems. Mining usually entails excavating enormous holes deeper than the water table and employing heavy equipment that produces dust and contaminates the air. Chemicals employed in the extraction of copper from ore can further pollute water supplies, and in others, such as Freeport's Tyrone mine, firms must continue to pump water indefinitely in order to stop seepage of contaminated water into the broader environment even after mining has ceased. Meanwhile, growing pressure exists for copper to be mined sustainably and responsibly, forcing firms to improve their environmental practices. Copper recycling has also increased, cutting down on some of the demand for newly produced copper. Overall, all these factors make it harder and costlier for the copper producers to function, as well as encourage them to look for greener and more sustainable options.

How did COVID-19 impact the Copper industry?

The COVID-19 outbreak severely disrupted the worldwide copper supply chain. Labour shortages, lower production as a result of safety regulations, and logistical difficulties in delivering copper products were among the obstacles encountered by mines and smelters. These interruptions reduced copper output, reducing the supply of refined copper for a variety of sectors.&n...