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.

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.

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.

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.

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.

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.

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.

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.

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

Nickel fell to 14,879.88 USD/T on December 3, 2025, down 0.20% from the previous day. Over the past month, Nickel's price has fallen 1.20%, and is down 7.47% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on December of 2025.

Serbia Average Retail Price: Agricultural Chemicals: Copper Sulphate data was reported at 1,692.370 RSD/kg in 2017. This records an increase from the previous number of 1,598.820 RSD/kg for 2016. Serbia Average Retail Price: Agricultural Chemicals: Copper Sulphate data is updated yearly, averaging 204.470 RSD/kg from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 1,692.370 RSD/kg in 2017 and a record low of 8.750 RSD/kg in 1996. Serbia Average Retail Price: Agricultural Chemicals: Copper Sulphate data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.P001: Average Retail Prices.

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

The copper production and initial processing industry has increased its turnover over the last five years. On average, there was annual growth of 4.9%. Industry players benefited from an overall rise in the price of copper and growing demand for this metal. The rise in the price of copper since 2020 has contributed significantly to the industry's growth. The transition to e-mobility also played an important role, as electric vehicles require around three times as much copper as conventional vehicles. Despite the positive trend, there were temporary declines in sales due to economic fluctuations and challenges.Copper manufacturers are likely to record a 3.1% decline in turnover in the current year. This means that industry turnover is expected to amount to 24.5 billion euros in 2025. Copper recycling is currently becoming increasingly important. As domestic deposits are low, German copper producers are increasingly focussing on recycling. This reduces dependence on imports and significantly reduces energy consumption. Over the past five years, the profit margin has been subject to moderate volatility. In the current year, the weak construction sector is likely to have a negative impact on the industry's profit margin. In view of the slowdown in the construction industry, copper producers are adjusting their strategies and focussing more on other growth areas such as electromobility and renewable energies. The industry is investing in technological innovations and optimising its production processes in order to increase efficiency and sustainability. Climate-friendly solutions are being developed to reduce environmental pollution. This includes the development of innovative, lead-free copper alloys in order to fulfil stricter EU directives. For the period between 2025 and 2030, IBISWorld expects industry turnover to increase by an average of 0.8% per year. In 2030, industry turnover is expected to amount to 25.4 billion euros. Copper is also likely to play a central role in the energy transition in the coming years, not least because of its suitability for hydrogen-based technologies. The material properties of copper make it ideal for this transition. At the same time, Asia is gaining in importance as the most important global sales market, while Europe and the USA are losing market relevance. This shift is prompting European manufacturers to adapt their business models to capitalise on sales opportunities in Asia, while at the same time increasing their efficiency through advanced technologies. Investment in innovative manufacturing processes and increased recovery of copper from scrap is essential. Strategic partnerships with research organisations and technology providers are key to developing sustainable solutions and remaining a major player in the global market.

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