Copper rose to 4.46 USD/Lbs on August 12, 2025, up 0.41% from the previous day. Over the past month, Copper's price has fallen 18.86%, but it is still 9.99% higher than a year ago, 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 August of 2025.

Graph and download economic data for Global price of Copper (PCOPPUSDQ) from Q1 1990 to Q2 2025 about copper, metals, World, and price.

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.

US copper prices fell sharply as Chinese investors adjusted positions before their holiday, influenced by economic indicators and global supply trends.

In August 2022, the copper price per ton amounted to $6 per kg, surging by 62% against the previous month.

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

This statistic shows the producer price index for copper base scrap in the United States from 1990 to 2019. In 2019, the index dropped to *****. The base year score of 100 was taken in 1982.

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).

The annual producer price index of copper scrap in the United States averaged ***** 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 *****. Despite the decline, figures remain above pre-pandemic levels, with a growth of roughly ** percent in comparison to 2019.

The average annual copper price is forecast to drop by 6% y-o-y to $8,800 per ton this year. Boosting supply in the global copper ore market is to push prices down, while the global demand languishes with slowed construction activity in China.

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 decline due to uncertainty over the US-China tariff truce, causing market skepticism and impacting futures on Comex.

Transaction Price: Electrolyse Copper, Number 1: Shenyang data was reported at 47,125.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 47,170.000 RMB/Ton for Oct 2019. Transaction Price: Electrolyse Copper, Number 1: Shenyang data is updated monthly, averaging 42,000.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 279 observations. The data reached an all-time high of 73,300.000 RMB/Ton in Apr 2011 and a record low of 15,400.000 RMB/Ton in Nov 1999. Transaction Price: Electrolyse Copper, Number 1: Shenyang 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.

CN: Transaction Price: Electrolyse Copper, No 1: Fuzhou data was reported at 47,300.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 47,600.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Fuzhou data is updated monthly, averaging 24,250.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 164 observations. The data reached an all-time high of 54,990.000 RMB/Ton in Dec 2017 and a record low of 16,000.000 RMB/Ton in Apr 2002. CN: Transaction Price: Electrolyse Copper, No 1: Fuzhou 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.

CN: Transaction Price: Electrolyse Copper, No 1: Qingdao data was reported at 48,000.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 48,200.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Qingdao data is updated monthly, averaging 43,250.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 278 observations. The data reached an all-time high of 75,000.000 RMB/Ton in Jul 2011 and a record low of 15,400.000 RMB/Ton in Jan 2004. CN: Transaction Price: Electrolyse Copper, No 1: Qingdao 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.

US copper prices plummeted over 19% after Trump excluded the most imported copper form from tariffs, impacting global copper trade and Freeport-McMoRan shares.

In 2021, the average sales price of copper in China reached to ****** yuan per ton, a significant increase of **** percent compared to 2020. In the past decade, China has seen a similar high copper sales price at ****** yuan per ton in 2011, followed by a sustained decrease until reaching the peak in 2021.

Why did the Copper Wire Price Change in July 2025? The Copper Wire Price Index in North America fell by 2.1% quarter over quarter, reflecting a surplus of inventory in warehouses and steady output from major global producers.

CN: Transaction Price: Electrolyse Copper, No 1: Nanjing data was reported at 47,080.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 47,440.000 RMB/Ton for Oct 2019. CN: Transaction Price: Electrolyse Copper, No 1: Nanjing data is updated monthly, averaging 41,690.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 281 observations. The data reached an all-time high of 72,275.000 RMB/Ton in Mar 2011 and a record low of 15,800.000 RMB/Ton in Mar 2002. CN: Transaction Price: Electrolyse Copper, No 1: Nanjing 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.

The copper rolling, drawing and extruding industry has been undergoing significant technological and operational advancements to secure long-term competitiveness. Producers are integrating advanced manufacturing technologies such as automation, robotics and real-time data analytics into their operations. There is also a focus on enhancing recycling capabilities to reduce dependence on volatile global supply chains. This push toward technological advancement comes as a response to the industry's tight supply, rising input costs and growing customer expectations. Companies are adopting predictive maintenance and expanding their recycling infrastructure, as well as building strategic partnerships to strengthen their competitive position. Through the five years to 2025, revenue has gained at a CAGR of 6.1% to $37.3 billion in 2025, despite a 2.3% drop anticipated in 2025. The industry faces immediate and multifaceted challenges because of the global convergence of persistent supply constraints and robust demand, which have led to climbing copper prices. This volatility complicates inventory management, contract negotiations and squeezes profit. This ripple effect raises costs for industries reliant on copper products and tariffs and global trade frictions dampen demand for fabricated copper goods. This has led companies to focus on strengthening domestic supply chains and customer relationships and preparing for a more insular market environment. Expectations for the future performance of the copper rolling, drawing and extruding industry are mixed because of persistent price volatility, supply constraints, surging demand and geopolitical tensions. This uncertainty complicates operational planning and margin management; however, producers are still expected to leverage new design technologies to create efficient, durable copper products tailored to evolving end-user needs. There's an expected investment in R&D, advanced manufacturing technologies and collaborative product development to maintain competitiveness. The industry must continue strengthening domestic supply chains, investing in production modernization and expanding recycling capabilities to offset potential shortages and cost pressures from the complex global landscape. Resilience and agility will be key to maintaining competitiveness in the face of these challenges. Following these trends, revenue will climb at a CAGR of 0.6% to $38.3 billion through the end of 2030.