Copper fell to 5.45 USD/Lbs on July 14, 2025, down 1.52% from the previous day. Over the past month, Copper's price has risen 13.70%, and is up 20.47% 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.

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

The annual producer price index of copper scrap in the United States averaged 606.1 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 613.6. Despite the decline, figures remain above pre-pandemic levels, with a growth of roughly 50 percent in comparison to 2019.

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 May 2025 about copper, wired, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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).

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.

United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire was 860.66800 Index Dec 1986=100 in May 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 July of 2025.

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.

United States - Producer Price Index by Commodity: Metals and Metal Products: Other Copper and Brass Scrap was 675.58300 Index Dec 1986=100 in January of 2023, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Other Copper and Brass Scrap reached a record high of 815.30000 in June of 2011 and a record low of 97.10000 in February of 1999. 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: Other Copper and Brass Scrap - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: No. 1 Copper Scrap, Including Wire was 515.37300 Index Dec 1986=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: No. 1 Copper Scrap, Including Wire reached a record high of 599.28500 in April of 2022 and a record low of 87.10000 in November of 2001. 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. 1 Copper Scrap, Including Wire - last updated from the United States Federal Reserve on June of 2025.

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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Yellow Brass Scrap (WPU10230103) from Dec 1986 to May 2025 about metals, commodities, PPI, inflation, price index, indexes, price, and USA.

United States PPI: Metals: Nonferrous: Nonferrous Scrap: Copper data was reported at 492.400 1982=100 in Jun 2018. This records an increase from the previous number of 481.600 1982=100 for May 2018. United States PPI: Metals: Nonferrous: Nonferrous Scrap: Copper data is updated monthly, averaging 120.850 1982=100 from Jan 1957 (Median) to Jun 2018, with 738 observations. The data reached an all-time high of 688.100 1982=100 in Jul 2011 and a record low of 36.100 1982=100 in Mar 1958. United States PPI: Metals: Nonferrous: Nonferrous Scrap: Copper data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I017: Producer Price Index: By Commodities.

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.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

United States - Producer Price Index by Industry: Material Recyclers: Other Copper and Brass Scrap, Including Red Brass was 451.90000 Index Dec 1986=100 in July of 2019, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Material Recyclers: Other Copper and Brass Scrap, Including Red Brass reached a record high of 816.00000 in June of 2011 and a record low of 97.10000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Material Recyclers: Other Copper and Brass Scrap, Including Red Brass - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Copper Base Scrap was 662.72300 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Copper Base Scrap reached a record high of 716.70800 in May of 2024 and a record low of 36.10000 in March of 1958. 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: Copper Base Scrap - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Industry: Material Recyclers: Copper Base Scrap was 695.06700 Index Dec 1986=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Material Recyclers: Copper Base Scrap reached a record high of 789.49300 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 Industry: Material Recyclers: Copper Base Scrap - last updated from the United States Federal Reserve on July of 2025.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The Nonferrous Metal Recycling industry revenue has faltered due to poor operating conditions and weakening demand from several key markets. However, industry revenue is primarily a function of nonferrous metal prices, which experienced significant volatility over the past five years due to the cyclical nature of metal prices on world markets. So, industry-wide revenue has decreased at a CAGR of 0.2% to $23.3 billion over the five years to 2023, including an estimated 6.8% decrease in 2023 alone, when profit is projected to decrease to 4.3%.The industry has had to contend with considerable import penetration and external competition from manufacturers of primary nonferrous metals (IBISWorld report 33141), which have presented a significant source of external competition for the copper segment in particular. Moreover, COVID-19 and the temporary closure of downstream market establishments resulted in a significant revenue contraction in 2020.The Nonferrous Metal Recycling industry is expected to benefit from rebounding industrial production, construction activity and manufacturing output; this will boost demand and help nonferrous metal prices hike, resulting in stable profit and revenue increases. Moreover, recovering these resources from scrap will become increasingly important as global consumption of cars and other products that require nonferrous metal inputs continues to expand, putting pressure on the world's supply of these resources in primary form. Industry revenue is expected to increase at a CAGR of 1.5% to $25.1 billion over the five years to 2028.