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.

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.

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.

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.

The copper price on the London Metal Exchange (LME) stood at an average of *** U.S. cents per pound in 2024. This figure represents an increase of about nine percent in comparison to the previous year and the highest figure during the period under consideration.

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 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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: No. 1 Copper Scrap, Including Wire (WPU10230101) from Dec 1986 to Sep 2025 about wired, copper, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

Monthly and long-term copper price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

In value terms, copper waste and scrap exports stood at $16B in 2016. Overall, copper waste and scrap exports continue to indicate a moderate descent. Global copper waste and scrap export peaked of $2...

The global copper scrap market, valued at $74.14 billion in 2025, is projected to experience robust growth, driven by the increasing demand for copper in various industries, particularly construction, electronics, and transportation. A Compound Annual Growth Rate (CAGR) of 4.3% from 2025 to 2033 indicates a substantial market expansion. This growth is fueled by several key factors: the rising global infrastructure development requiring vast quantities of copper, the increasing adoption of renewable energy technologies (solar panels and wind turbines), and the expanding electronics sector continuously generating e-waste rich in recyclable copper. Furthermore, growing environmental awareness and stricter regulations on waste management are promoting copper recycling, bolstering market growth. However, fluctuations in copper prices, the availability of high-quality scrap, and the competition from primary copper production pose challenges to consistent market expansion. The market is segmented based on various factors including scrap grade (e.g., bare bright wire, insulated wire, brass scrap), end-use application, and geographical region. Key players in this competitive landscape include Aurubis, Commercial Metals, and Sims Metal Management, amongst others, constantly striving for market share through technological advancements in recycling and strategic acquisitions. The competitive landscape is characterized by both large multinational corporations and smaller regional players. Established companies leverage their extensive global networks and processing capabilities to secure substantial market share. Conversely, smaller companies often specialize in niche segments or regional markets. The future of the copper scrap market depends on several intertwined factors. Technological innovations in copper extraction and recycling processes, fluctuations in raw material prices, and government policies promoting sustainable practices will significantly impact market growth trajectories. The strategic positioning of companies will hinge upon their ability to adapt to these dynamic shifts, including investment in advanced recycling technologies, efficient supply chain management, and sustainable sourcing strategies. This will be critical in maintaining profitability and remaining competitive in a constantly evolving landscape.

United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire was 899.03300 Index Dec 1986=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire reached a record high of 1036.99300 in May of 2024 and a record low of 100.00000 in December of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire - last updated from the United States Federal Reserve on December of 2025.

According to Cognitive Market Research, the global Copper Recycling market size was USD 255684.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 102273.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 76705.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 58807.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 12784.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 5113.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
The Pre-consumer Scrap category is the fastest-growing segment of the Copper Recycling industry

Market Dynamics of Copper Recycling Market

Key Drivers for Copper Recycling Market

Increasing Demand for Sustainable Materials Facilitating Market Growth: Environmental issues and sustainability objectives are driving industries to utilize recycled materials. Recycled copper minimizes energy usage and carbon emissions in comparison to primary production, aligning with environmentally conscious strategies. As regulations and corporate responsibility initiatives expand, industries are emphasizing circular economy practices, which further boosts the demand for copper recycling in the manufacturing and construction sectors.

Growing Utilization in the Electrical and Electronics Sector Stimulating Demand: The extensive application of copper in electrical wiring, connectors, and electronic components has established the electronics industry as a major contributor to copper recycling. The rise in electronic device consumption and e-waste production has created opportunities for the recovery of high-quality copper. Manufacturers are concentrating on recycled copper to satisfy demand while mitigating resource depletion and environmental effects.

Restraint Factor for the Copper Recycling Market

Fluctuating Copper Prices Causing Market Instability: Variations in global copper prices significantly affect the profitability and stability of recycling operations. Unstable pricing can deter investment in recycling infrastructure during economic downturns, leading to disruptions in supply chains. This price volatility poses challenges for recyclers in maintaining long-term contracts and achieving sustainable profit margins, particularly for small and medium-sized enterprises that operate under strict financial constraints.

Quality Fluctuations and Contamination Issues: Copper scrap frequently exhibits variability in quality and may include non-metallic contaminants or mixed metals. The presence of contaminated materials complicates the recycling process, resulting in increased costs due to the need for additional sorting and purification. These quality issues can dissuade high-end applications, thereby restricting the use of recycled copper in industries that demand consistent and pure input materials.

Key Trends for the Copper Recycling Market

Advancements in Recycling Technologies Improving Output Quality: Recyclers are progressively investing in cutting-edge separation and purification technologies to enhance the efficiency and quality of recycled copper. Innovations in sensor-based sorting, hydrometallurgy, and automated dismantling are facilitating improved recovery rates, making recycled copper more competitive with primary copper and broadening its applications in high-performance sectors.

Heightened Emphasis on Circular Economy and E-Waste Management: Governments and industries are prioritizing circular economy principles, resulting in more robust e-waste collection frameworks. The incorporation of copper recovery into electronic waste management systems is gaining momentum. This trend fosters sustainable material cycles, aligns with legislative objectives, and encourages partnerships among technology companies, recyclers, and policymakers t...

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

Copper prices hit a 16-month high as Teck Resources cuts its 2025 production forecast, exacerbating global supply concerns amid operational setbacks at major mines.

United States - Producer Price Index by Industry: Copper Rolling, Drawing, Extruding, and Alloying: Secondary Products was 129.72300 Index Dec 2011=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Copper Rolling, Drawing, Extruding, and Alloying: Secondary Products reached a record high of 133.43700 in May of 2022 and a record low of 98.30000 in September of 2012. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Copper Rolling, Drawing, Extruding, and Alloying: Secondary Products - last updated from the United States Federal Reserve on October of 2025.

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 2017, approx. X tons of articles of copper were imported into Ireland; going down by -X% against the previous year. In general, articles of copper imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015, an increase of X% y-o-y. Ireland imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its strength.In value terms, articles of copper imports stood at $X in 2017.