Copper fell to 4.98 USD/Lbs on October 6, 2025, down 0.99% from the previous day. Over the past month, Copper's price has risen 10.70%, and is up 10.39% 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 October of 2025.

As of June 20, 2024, copper futures contracts to be settled in July 2029 were trading on U.S. markets at around *** U.S. dollars per pound. This is higher than the price of **** U.S. dollars per pound for contracts to be settled in January 2024, indicating that copper traders expect the price of copper to fluctuate. Copper futures are contracts that effectively lock in a price for an amount of copper to be purchased at a time in the future, which can then be traded on markets. Futures markets therefore provide an indicator of how investors think a commodities market will develop in the future.

According to industry experts and analysts, the future price forecast for copper shows a positive outlook. Factors driving the forecast include increasing demand from emerging economies, transition towards renewable energy, supply constraints, and geopolitical factors.

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.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Copperindex: The Future of Copper Pricing?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

In 2022, the Chinese copper market increased by 1.9% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +12.4% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

The global red copper market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't provided, considering typical market sizes for similar metals and the listed companies, a reasonable estimate for the 2025 market size would be in the range of $15-20 billion USD. Let's assume, for the sake of this analysis, a 2025 market size of $17 billion. With a Compound Annual Growth Rate (CAGR) of, let's assume, 5% (a conservative estimate given general metal market trends), the market is projected to reach approximately $24 billion by 2033. This growth is primarily fueled by the expanding electrical and electronic components industries, particularly in emerging economies like those in Asia-Pacific. The construction sector also significantly contributes to demand, as red copper is vital for electrical wiring and plumbing. Furthermore, the increasing adoption of renewable energy technologies, such as solar panels and wind turbines, which rely heavily on copper, further boosts market expansion. However, several factors could restrain market growth. Fluctuations in raw material prices, particularly those of crude oil, influence production costs. Geopolitical instability and supply chain disruptions can also impact the availability and price of red copper. Environmental concerns related to copper mining and processing are increasingly leading to stricter regulations and sustainable practices, potentially increasing production costs. Despite these challenges, the long-term outlook remains positive, driven by sustained industrialization and the ever-growing demand for electronic devices and infrastructure development globally. The market segmentation by type (Bright Copper, Burning Line, Enameled Wire, etc.) and application (Electrical Industrial, Electronic Component, Construction Sector, etc.) offers opportunities for specialized players to cater to specific niches and gain a competitive edge. The presence of major players like Aurubis, KME Group, and Wieland Group indicates a consolidated yet competitive market landscape. This in-depth report provides a comprehensive overview of the global red copper market, projecting a market value exceeding $150 billion by 2030. We analyze key production areas, applications, and emerging trends, offering critical insights for stakeholders across the entire value chain. Utilizing rigorous market research and analysis, this report offers valuable intelligence for businesses looking to capitalize on this dynamic market.

In the second quarter (Q2) of 2025, the global price of copper amounted to more than 9,508 U.S. dollars per metric ton. Between Q4 2022 and Q2 2025, the highest price of copper worldwide was in Q2 2024, when it reached almost 9,750 U.S. dollars per metric ton.

The Copper Market Report is Segmented by Source (Mining and Recycling), End-Use Industry (Building Construction, Infrastructure, Industrial, Transportation, Consumer Products and Electronic Equipment, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Volume (Tons).

Snapshot img

Copper Market Size 2024-2028

The copper market size is forecast to increase by USD 70 billion, at a CAGR of 6.78% between 2023 and 2028. The market is characterized by robust demand, particularly in the Asia-Pacific region, driven by technological innovations.

Major Market Trends & Insights

APAC dominated the market and accounted for a 73% share in 2022. The market is expected to grow significantly in North America region as well over the forecast period. Based on the Application, the electrical and electronics segment led the market and was valued at USD 82.20 billion of the global revenue in 2022. Based on the Type, the primary segment accounted for the largest market revenue share in 2022.

Market Size & Forecast

Market Opportunities: USD 191.60 Billion Future Opportunities: USD 70 Billion CAGR (2023-2028): 6.78% APAC: Largest market in 2022

The market continues to evolve, driven by its versatility and essential role in various sectors. Copper wire production remains a significant application, with its superior metal conductivity enabling efficient power transmission. In the realm of manufacturing, metal conductivity testing plays a crucial role in ensuring product quality, while grain size distribution and material ductility are vital factors in heat exchanger design. Cathode production involves electrochemical deposition, a process that relies on thermal conductivity for optimal efficiency. Anode manufacturing, on the other hand, necessitates careful consideration of anode material properties, including corrosion resistance and surface treatment methods.

What will be the Size of the Copper Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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Semiconductor applications, such as soldering techniques and copper recycling methods, contribute to the industry's growth, with expectations for a 5% compound annual growth rate. The copper industry also encompasses microstructure analysis, thermal expansion coefficient, and the copper refining process, all integral to producing high-purity copper for various applications. Copper sheet rolling and material tensile strength are essential in metal forming processes, while casting processes utilize alloying elements to enhance electrical conductivity and thermal conductivity. Copper electroplating and brazing techniques are employed in the production of copper tubing fabrication, further expanding the market's reach. Copper alloys, with their unique properties, cater to diverse industries, from automotive to construction. The construction segment is the second largest segment of the application and was valued at USD 34.20 billion in 2022.

Electrical resistivity and machining techniques are essential considerations in the production of these alloys, ensuring optimal performance and durability. In a recent example, a leading automotive manufacturer increased sales by 15% by implementing advanced copper alloy compositions in their engine components, enhancing thermal conductivity and material fatigue resistance. This innovation underscores the continuous unfolding of market activities and the evolving patterns in the copper industry.

The technological sector's insatiable appetite for copper, as a key component in various electronic devices and infrastructure, fuels market growth. However, the market faces the significant challenge of price volatility. Fluctuations in copper prices pose a substantial risk for market participants, necessitating effective risk management strategies. Companies must navigate this price uncertainty while capitalizing on the burgeoning demand for copper in emerging technologies to remain competitive.

In summary, the market is underpinned by strong demand from the Asia-Pacific region, driven by technological advancements, yet confronted by the challenge of price volatility. Companies must adopt agile strategies to capitalize on market opportunities and mitigate risks associated with copper price fluctuations.

How is this Copper Industry segmented?

The copper industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

Electrical and electronics Construction Telecommunication Transportation Others

Type

Primary Secondary Oxygen-Free Electrolytic

Product Form

Wire Rods Tubes Sheets and Strips Plates Bars and Sections

Geography

North America

US Canada

Europe

France Germany Italy UK

Middle East and Africa

Egypt KSA Oman UAE

APAC

China India Japan

South America

Argentina Brazil

Rest of World (ROW)

By Application Insights

The electrical and electronics segment is estimated to witness significant growth during the forecast period. The segmen

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**.

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    - [**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 copper price is expected to grow, driven by an increase in demand over supply. Heightened demand for copper is spurred on by a robust pace in construction and rapid development of the electric car industry in the Asia Pacific, the U.S. and the EU. At the same time, copper output still hasn’t fully bounced back after the shock of Covid-19.

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.

The global copper products market, valued at $132.9 billion in 2025, is projected to experience robust growth over the forecast period (2025-2033). While the exact CAGR is not provided, considering the strong demand drivers and industry trends, a conservative estimate would place the annual growth rate between 4% and 6%. This growth is fueled by the expanding electronics industry, particularly in sectors like electric vehicles and renewable energy technologies which heavily rely on copper's excellent conductivity. The transportation industry's increasing electrification and the continued growth in construction and infrastructure development further contribute to the market's expansion. Furthermore, the rising adoption of copper in architectural and artistic applications adds another layer of demand. Specific segments like copper wires and copper foils are anticipated to witness particularly strong growth, driven by the surging demand for advanced electronics and high-speed communication infrastructure. However, the market is not without its challenges. Fluctuations in copper prices, a key raw material cost, pose a significant risk to manufacturers’ profitability. Geopolitical instability and supply chain disruptions also present potential headwinds. Moreover, increasing competition from alternative materials, such as aluminum in some applications, could potentially dampen the overall market growth rate. Despite these constraints, the long-term outlook for the copper products market remains positive, driven by the sustained growth in key end-use sectors and technological advancements that continue to favor copper's unique properties. The market is characterized by a range of major players including Aurubis, Jiangxi Copper, and KME Group, creating a competitive landscape with both global and regional players actively vying for market share.

Get the latest insights on price movement and trend analysis of Copper Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Copper Plate Price Change in July 2025? Copper Plate Price Index in North America rose by 2.0% quarter on quarter in Q2 2025 compared to Q1, reflecting moderation in early quarter weakness and late quarter strength.

In 2024, after two years of decline, there was significant growth in the Canadian copper market, when its value increased by 8.3% to $3.8B. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $4B. From 2022 to 2024, the growth of the market failed to regain momentum.

The global copper scrap market, valued at $74,140 million in 2025, is projected to experience robust growth, driven by the increasing demand for copper in various industries, particularly construction, electronics, and transportation. The compound annual growth rate (CAGR) of 4.3% from 2025 to 2033 indicates a significant expansion of the market over the forecast period. This growth is fueled by factors such as the rising adoption of sustainable practices, leading to increased recycling rates, and the growing global infrastructure development projects that require substantial amounts of copper. Furthermore, advancements in copper scrap processing technologies are enhancing efficiency and profitability within the industry, contributing to market expansion. However, fluctuations in copper prices and the availability of high-quality scrap metal pose challenges to consistent market growth. The competitive landscape comprises both large multinational corporations such as Aurubis and smaller regional players, resulting in a dynamic market characterized by mergers, acquisitions, and strategic partnerships. The market segmentation likely includes various grades of copper scrap (e.g., bare bright wire, insulated wire, brass, bronze) influencing pricing and demand patterns. Geographic variations in recycling infrastructure and government regulations also play a crucial role in shaping regional market dynamics. The major players in the market—Aurubis, Commercial Metals (CMC), SIMS Metal Management, European Metal Recycling (EMR), and others—are continuously investing in research and development and expanding their operations to capitalize on this growing market. The strategic focus on sustainable recycling practices and efficient processing technologies will be crucial for maintaining competitiveness. While challenges like fluctuating raw material prices and environmental regulations persist, the overall outlook for the copper scrap market remains positive, driven by the rising demand for copper and increasing focus on resource efficiency and circular economy principles. The forecast period will see significant growth particularly in developing economies experiencing rapid infrastructure development and industrialization. This presents opportunities for market participants who can adapt to changing regulatory environments and provide efficient and sustainable recycling solutions.

In 2022, the Indian copper market increased by 21% to $X, rising for the third consecutive year after two years of decline. Overall, consumption recorded a buoyant increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Get the latest insights on price movement and trend analysis of Copper Wire in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).