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).

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

Copper fell to 5.09 USD/Lbs on July 3, 2025, down 1.08% from the previous day. Over the past month, Copper's price has risen 4.45%, and is up 11.61% 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 July of 2025.

Learn about the importance of scrap metal recycling, how prices are determined based on grade and condition, and current prices for steel, aluminum, copper, brass, zinc, and lead. Get tips on how to ensure you get a fair price for your scrap metal and contribute to environmental sustainability.

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 current market price of copper per pound is constantly fluctuating due to various factors such as supply and demand, economic conditions, and geopolitical events. Copper is widely used in industries like construction, manufacturing, and electronics due to its excellent conductivity and corrosion resistance. The market price is influenced by the health of these industries and global economic growth, as well as supply and demand dynamics. Geopolitical events and government policies can also impact copper

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.

Graph and download economic data for Global price of Copper (PCOPPUSDM) from Jan 1990 to May 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.

Stay up-to-date on the current prices of metals per pound including Steel, Aluminum, Copper, Brass, Bronze, Lead, Nickel, Stainless Steel, and Zinc. Learn what factors influence these prices and how to get a fair deal when buying or selling metals.

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.

Copper futures traded close to the $4.7-per-pound level, not far from an all-time high of $5 hit on March 7th amid a tight market as investors weigh lower supply from top producer Chile, disruptions caused by the war in Ukraine, and assess the impact of the latest Covid outbreak in China in both demand and supply. Copper output in Chile, the world's largest producer, fell 7% from a year earlier to 394,700 tonnes in February, following a 7.5% fall in January and a 1.9% decline in 2021 production. Meanwhile, Chinese authorities extended a lockdown in Shanghai, an industrial powerhouse and major port, further threatening global supply chains. Logistics operators report that restrictions are already making it harder to move goods around and keep factories operating at full capacity. Elsewhere, Peru's ministry of economy and finance said that the world’s second-largest copper supplier will target the excess profits that mining companies earned from rising metal prices around the world. Historically, Copper reached an all time high of 5.02 in March of 2022.

Learn about the current prices of common metals per pound, including aluminum, copper, brass, stainless steel, and gold, and how market conditions and other factors affect these prices. Find out how to stay updated on metal prices and ensure a fair transaction with trusted partners.

Learn about the factors that affect the price of copper and aluminum per pound, including global demand, supply, and trading relationships between countries. Discover why copper is ideal for electrical and medical applications while aluminum is lightweight, corrosion-resistant, and widely used in the automotive, construction, and aerospace industries. Additionally, find out how economic growth and downturns impact the prices of these valuable metals. As of November 2021, the average copper aluminum price pe

The average price per one pound of copper realized by Barrick Gold Corporation stood at 3.85 U.S. dollars in 2023. Barrick Gold Corporation is a Canada-based mining company and one of the top gold producers worldwide.

Iron and steel scrap prices in the United States stood at around *** U.S. dollars per metric ton in 2024, down from *** dollars per ton a year earlier. This is the fourth consecutive annual decrease recorded. Steel scrap consumption The majority of domestic steel industry scrap consumption is from manufacturers of raw steel, and steel castings. These raw materials are used to produce steel products that are used for appliances, construction, machinery, and transportation, among other industry uses. Only small amounts of steel scrap were used for the production of ferroalloys, copper precipitation, and the chemical industry. Recycling scrap Recycled iron and steel scrap materials have been essential for the production of new steel and cast iron products. Vehicles are one of the largest sources of old steel scrap used for recycling and nearly 100 percent of cars are recycled for their scrap material. It is expected that the recycling rate for scrap materials from appliances and construction purposes should rise, especially as public interest for recycling grows and profitability increases.

In 2022, the Nigerien copper market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a significant increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Aluminum fell to 2,619.90 USD/T on July 3, 2025, down 0.13% from the previous day. Over the past month, Aluminum's price has risen 5.23%, and is up 3.86% compared to the same time last year, 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 July of 2025.

Description Long Imperial Metals All values are given in CAD unless otherwise stated Imperial Metals looks like a dreadful investment. The company has been loss making for 8 of the last 10 years, and 80% lower despite never having paid a dividend. Granted, things haven’t always gone their way, being responsible for one of the largest tailings dam breaches in Canada in 2014. But somewhat unexpectedly, the company will report a decent profit this year and this should only increase in the coming years. Because despite this terrible track record, they have a 30% ownership of one of the most profitable copper-gold mines of the coming decade. And that mine has ample room to grow even larger. best stock research sites best stock research sites Imperial owns 2 active copper/gold mines named Mount Polly and Red Chris, both located in Canada. They both have a pretty interesting future production profile, but most of the value is in Red Chris. Red Chris was acquired by Imperial in 2007, and they spend big on opening an open pit mine, for it to just lose money for almost a decade. Imperial Metals had been written up on VIC before, and Red Chris was one of the foundations of that writeup, but things didn’t work out as planned. Back in 2007, the company conducted a deep exploration drilling program, coming up with some great results. One standout was an interception of 1024.1 meters grading 1.01 per cent copper and 1.26 grams per tonne gold, one of the longest mineralized intercepts ever drilled in British Columbia. This drillhole opened up a whole new way of looking at this mineralization, or so you would think. Many drill programs later, the potential of an underground mine was established, and the company published an updated feasibility study in 2012, of an open pit mine.. To give an example, they published a report for a 29 mine life open pit mine with a 442 million capital cost and a base case NPV10 after tax of 134 million. So it wasn’t until the entry of Newcrest in August 2019, having bought a 70% stake in Red Chris from Imperial for 806 US million, that the potential of a block cave became obvious. Two years after their purchase they published a feasibility study for an underground block cave with an NPV of 2.3 Billion, a 31 year mine life and an AISC (All In Sustaining Cost) to mine of negative 180 US dollars per ounce, with 8.1 million ounces of gold and 2.2 Million tonnes of copper in reserves, from total ore produced of 406 Million tonnes (remember this last number). Newcrest were (prior to their merger with Newmont) the operator of the low cost Cadia mine in Australia. Cadia has long been somewhat the envy of the industry, given its long mine life and very low cost. This is achieved by a mining method called Block Caving. Block caving is a low cost method where they start mining the orebody underground from beneath. They essentially blast a long decline to a great depth, make reinforced corridors under the orebody and start drilling upwards in the orebody. Then they blast this body and remove ore from underneath so it comes caving down into some fixed drawpoints. As you can see, this mining method, due to the help of gravity is quite cheap. There is no need to back fill, keep drilling, use explosives or to developing new levels in the mine. Of course, there are some requirements for a block cave mine, like a very large and vertical orebody, some rock characteristics so it has the capability to cave in by its own weight, etc.. Luckily, Red Chris has these characteristics. At the current Imperial Metals EV of 740 million, that is pretty close to the 30% NPV of 2.3 Billion that Newcrest calculated for Red Chris. Some caveats here. The NPV was calculated with reference prices of 1500 dollar gold and 3.3 dollars per pound of copper. The current prices are at least 50% higher for both commodities. Additionally, the underground development (and capex) has advanced 3-4 years closer to production, and the time where Red Chris will become FCF positive is at the current prices probably this year, and at the feasibility study reference prices in 2 years, when the block caving will begin. In 2028, Red Chris should, at feasibility study prices, deliver a FCF to Imperial of 100 million, and in 2029 that number should be 200 million, or 50% of the current market cap. At the current higher commodity prices, that amount will probably be closer to 3-400 million in 2029, or about the current market cap. The NPV at 1750 gold and 4.15 copper is already 1.2 billion net to Imperial Metals (or almost 60% higher than the current EV, which will all go to the equity). And then there is ample opportunity for the orebody to expand. For example, at Cadia, many more orebodies have been discovered nearby, which is a common occurrence with this type of porphyr orebodies. And this isn’t just hope speaking, but the drillbit. There is an East Ridge orebody, for which there hasn’t been a feasibility study yet, but a 14 march 2023 press...

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