Copper fell to 4.58 USD/Lbs on September 23, 2025, down 0.29% from the previous day. Over the past month, Copper's price has risen 2.46%, and is up 2.44% 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 September 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.

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

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 ***** 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.

In September 2022, the copper foil price stood at $18.6 per kg (CIF, China), declining by -9.1% against 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 August 2022, the copper price per ton amounted to $6 per kg, surging by 62% against the previous month.

NCDEX: Spot Price: Copper: Mumbai: Second Session data was reported at 855.750 INR/kg in 16 May 2025. This records an increase from the previous number of 855.500 INR/kg for 15 May 2025. NCDEX: Spot Price: Copper: Mumbai: Second Session data is updated daily, averaging 800.100 INR/kg from Jun 2023 (Median) to 16 May 2025, with 477 observations. The data reached an all-time high of 936.300 INR/kg in 21 May 2024 and a record low of 692.400 INR/kg in 23 Oct 2023. NCDEX: Spot Price: Copper: Mumbai: Second Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

The report covers Copper Usage by Industry and is segmented by End-user Industry (Automotive and Heavy Equipment, Construction, Electrical and Electronics, Industrial, and Other End-user Industries) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecast for the copper market in volume (kilo tons) for all the above segments.

Nickel fell to 15,200 USD/T on September 22, 2025, down 0.46% from the previous day. Over the past month, Nickel's price has risen 0.80%, but it is still 8.12% lower than a year ago, 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 September of 2025.

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

Explore the factors influencing the price of copper sulfate per kilogram, including market demand, production costs, and purity levels. Discover how global demand, geopolitical events, and environmental regulations impact pricing, and learn where to find accurate and up-to-date market data.

The development of the wholesale trade in non-ferrous metals has been characterised by numerous challenges over the past five years. In addition to highly volatile metal prices, the sector was exposed to fluctuating demand from key customer industries. The industry recorded a slight decline in sales in 2019, as overcapacity in aluminium production led to a fall in the price of aluminium. At the same time, the price of copper fell. These two developments were mainly responsible for the decline in sales in the industry. The weak year was followed by an increase in sales in 2021, which was due to increased demand and significantly higher prices for aluminium and copper. Despite the negative impact of the coronavirus pandemic and the war in Ukraine, the industry was therefore able to record an average annual increase in turnover of 4% between 2019 and 2024. Turnover of €35.7 billion is forecast for the current year, which corresponds to a decline in turnover of 0.6% compared to the previous year. Since 2023, macroeconomic inflationary pressure has had a negative impact on the metal trade, primarily due to continued high energy and commodity prices coupled with a slowdown in investment and business activity on the customer side. The European zinc supply was particularly affected by this. In the current year, the industry's sales growth is likely to continue to be held back by falling aluminium prices and subdued customer markets. However, the industry is benefiting from rising demand in the field of electromobility.In the next five years, turnover in the industry is expected to increase by an average of 0.6% per year to an estimated 36.9 billion euros in 2029. This growth is mainly based on high demand for aluminium and copper in particular, which will have a positive impact on the prices of these metals. The trend towards electromobility and the increase in lightweight construction in the automotive industry are likely to boost demand for aluminium and copper. By contrast, the construction industry is likely to develop less dynamically over the next five years. Trade policy tensions are likely to persist and affect the future development of the industry.

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

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 January 2023, the copper screw price stood at $68,681 per ton (FOB, Hong Kong), surging by 55% against the previous month.

Daily updated scrap prices in Kolkata for copper, brass, aluminium, lead, and zinc. Useful for traders, recyclers, and manufacturers.