Copper fell to 4.86 USD/Lbs on June 24, 2025, down 0.26% from the previous day. Over the past month, Copper's price has risen 1.24%, and is up 11.28% 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 June of 2025.

Australia Commodity Price Index: Weights: Base Metals: Copper data was reported at 2.800 % in Feb 2013. This stayed constant from the previous number of 2.800 % for Jan 2013. Australia Commodity Price Index: Weights: Base Metals: Copper data is updated monthly, averaging 2.800 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 2.800 % in Feb 2013 and a record low of 1.800 % in Aug 2009. Australia Commodity Price Index: Weights: Base Metals: Copper data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

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

The Australian copper market fell modestly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption showed a noticeable setback. Copper consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

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

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.

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

Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data was reported at 249.000 1998-1999=100 in Jun 2012. This records an increase from the previous number of 243.500 1998-1999=100 for Mar 2012. Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data is updated quarterly, averaging 123.850 1998-1999=100 from Sep 1985 (Median) to Jun 2012, with 108 observations. The data reached an all-time high of 279.800 1998-1999=100 in Sep 2011 and a record low of 62.300 1998-1999=100 in Dec 1985. Australia PPI: Materials Used: Fabricated Metal Products: Copper & Brass data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.I028: Producer Price Index: 1989-90=100: ANZSIC 2006: Input to the Manufacturing Industry.

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).

For the third consecutive year, the Australian copper market recorded decline in sales value, which decreased by -0.1% to $3.7B in 2024. Overall, consumption showed a mild curtailment. Over the period under review, the market reached the peak level at $4.4B in 2013; however, from 2014 to 2024, consumption remained at a lower figure.

Indonesia Export: Value: Copper: Australia data was reported at 2.354 USD mn in May 2019. This records an increase from the previous number of 1.417 USD mn for Apr 2019. Indonesia Export: Value: Copper: Australia data is updated monthly, averaging 3.009 USD mn from Jan 2012 (Median) to May 2019, with 89 observations. The data reached an all-time high of 13.891 USD mn in Jan 2014 and a record low of 0.002 USD mn in Sep 2012. Indonesia Export: Value: Copper: Australia data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Foreign Trade – Table ID.JAE025: Export: Commodities by Country: Copper.

Australia BHP: Average Realized Price: Copper data was reported at 3.120 USD/lb in Jun 2018. This records a decrease from the previous number of 3.200 USD/lb for Dec 2017. Australia BHP: Average Realized Price: Copper data is updated semiannually, averaging 2.980 USD/lb from Jun 2013 (Median) to Jun 2018, with 11 observations. The data reached an all-time high of 3.400 USD/lb in Jun 2013 and a record low of 2.120 USD/lb in Dec 2015. Australia BHP: Average Realized Price: Copper data remains active status in CEIC and is reported by BHP Billiton Group. The data is categorized under World Trend Plus’s Top Company: Metal and Mining: Asia Excluding China – Table WB.AT003: BHP Billiton Group (BHP): Operational Data.

In the second quarter of 2021, the production value of copper ore and concentrates in Australia amounted to around 2.06 billion Australian dollars. In the same quarter, the refined copper production value was around 1.23 billion Australian dollars.

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

In 2024, the export value of copper ore and concentrates in Australia was approximately *** billion Australian dollars. In comparison, Australia's export value of copper was around *** billion Australian dollars that year.

The average for 2020 based on 2 countries was 483900 metric tons. The highest value was in Australia: 885000 metric tons and the lowest value was in Papua New Guinea: 82800 metric tons. The indicator is available from 2001 to 2020. Below is a chart for all countries where data are available.

In February 2023, the refined copper price stood at $8,572 per ton (FOB, Australia), rising by 6.2% against the previous month.

Copper tube and wire manufacturers are navigating a challenging landscape of intense competition and volatile prices. Major local producers are leveraging economies of scale to contend with mounting import penetration from foreign manufacturers that can offer competitive prices due to their lower production costs. Industry revenue elevated at an annualised 2.9% over the five years through 2024-25 to $755.2 million. This five year uptrend is primarily due to performance and demand recovery from the pandemic. High import penetration has dictated profit margins, limiting many manufacturers’ scope to pass on elevated copper prices to buyers, particularly in 2021-22, where copper prices rose to decade level highs on the back of the revival of the housing and manufacturing sector post-pandemic. More recently, global copper prices have declined, particularly in 2022, contributing to lower annual revenue for copper tube and wire manufacturers. A global transition towards green energy has positioned the industry at a critical junction. Surging demand for renewable infrastructure, including solar photovoltaic systems, electric vehicles and charging stations, is poised to significantly boost global copper consumption. Government initiatives, like Australia's removal of EV tariffs, are supporting EV production, driving new demand streams for copper products used in producing these vehicles. These developments are reshaping downstream manufacturing markets, presenting a critical opportunity for copper tube and wire manufacturers to expand their market share. The Copper Tube and Wire Manufacturing industry faces significant pressure from substitutes, particularly aluminium. Aluminium’s cost-effectiveness makes it an attractive alternative, particularly in the rapidly expanding electric vehicle manufacturing market, but also in industrial, electrical and automotive applications. Industry manufacturers must continuously innovate and explore new market opportunities to maintain their competitive edge and mitigate the potential for substitute materials to erode demand. Overall, revenue is forecast to drop at an annualised 0.1% through the end of 2029-30 to $750.0 million.

Australia Import Value: SITC: MS: Copper Ore & Concentrate, Copper Matte & Cement Copper data was reported at 117.000 AUD mn in Feb 2025. This records an increase from the previous number of 5.000 AUD mn for Jan 2025. Australia Import Value: SITC: MS: Copper Ore & Concentrate, Copper Matte & Cement Copper data is updated monthly, averaging 1.000 AUD mn from Jan 1988 (Median) to Feb 2025, with 446 observations. The data reached an all-time high of 132.000 AUD mn in Oct 2021 and a record low of 0.000 AUD mn in Jul 2010. Australia Import Value: SITC: MS: Copper Ore & Concentrate, Copper Matte & Cement Copper data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JA024: Imports: by Commodity: by 3 Digits SITC.

Australia Export Value: SITC: FOB: MS: Copper Ore & Concentrate, Copper Matte & Cement Copper data was reported at 834.000 AUD mn in Mar 2025. This records an increase from the previous number of 538.000 AUD mn for Feb 2025. Australia Export Value: SITC: FOB: MS: Copper Ore & Concentrate, Copper Matte & Cement Copper data is updated monthly, averaging 238.000 AUD mn from Jan 1988 (Median) to Mar 2025, with 447 observations. The data reached an all-time high of 1,141.000 AUD mn in Jun 2022 and a record low of 2.000 AUD mn in Sep 1991. Australia Export Value: SITC: FOB: MS: Copper Ore & Concentrate, Copper Matte & Cement Copper data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JA013: Exports: by Commodity: by 3 Digits SITC.