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).

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.

View monthly updates and historical trends for Copper Price. Source: World Bank. Track economic data with YCharts analytics.

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.

The copper spot price refers to the current market price of copper, which is the price at which copper is bought and sold for immediate delivery. This article discusses the factors that influence the copper spot price, including global economic conditions, geopolitical events, currency fluctuations, supply and demand trends, and investor sentiment. Monitoring the copper spot price live is crucial for industry participants, investors, and analysts to make informed decisions regarding buying, selling, or trad

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.

Graph and download economic data for Global price of Copper (PCOPPUSDM) from Jan 1990 to Jun 2025 about copper, metals, World, and price.

Explore the various factors affecting the price of copper, including demand from industrializing countries, supply disruptions, global economic conditions, and exchange rates. Understand how these dynamics influence its spot price and the role of technological advancements in renewable energy and EVs on future trends.

Spot copper price refers to the current price at which copper is being traded in the market for immediate delivery. It is also known as the cash price or the spot price. This price is determined by various factors such as supply and demand, production costs, market speculation, and geopolitical events. The spot copper price is an important indicator of the current value of copper and is closely watched by investors, traders, and industry participants.

Explore how the spot price of copper impacts industries from electronics to construction, influenced by factors like supply and demand, geopolitical issues, and economic conditions. Understand the role of the London Metal Exchange in copper trading and how currency values and environmental policies can affect prices.

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 - Historical chart and current data through 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.

Current spot price plus 1-month and 1-year forecasts for Copper as published on ChAI Predict.

The current market price of copper is influenced by supply and demand dynamics, global economic conditions, geopolitical events, and market speculation. Copper is widely used in construction, electrical, and electronics sectors due to its conductivity, corrosion resistance, and durability. Factors such as supply and demand dynamics, global economic conditions, geopolitical events, and market speculation can impact copper prices.

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.

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

The COMEX Copper Spot Price is the current market price of copper traded on the COMEX Exchange. This article explains what the spot price represents, factors affecting it, and its uses for investors, industries, and market analysis.

The size of the Copper Scrap Market market was valued at USD 25.91 Billion in 2024 and is projected to reach USD 39.37 Billion by 2033, with an expected CAGR of 6.16% during the forecast period. Recent developments include: The copper scrap market is projected to reach USD 44.4 billion by 2032, exhibiting a CAGR of 6.16% during the forecast period. Rising demand for copper in various industries, including construction, automotive, and electrical, is driving market growth. Moreover, increasing environmental concerns have led to a growing focus on recycling and scrap utilization, further propelling market expansion. In January 2023, Sims Metal Management announced plans to invest USD 20 million in its copper recycling facility in Ghent, Belgium, to enhance its processing capacity and sustainability efforts. In February 2023, Aurubis AG, a leading copper producer, announced a partnership with Umicore to develop innovative recycling technologies for copper scrap, aiming to reduce carbon emissions and improve resource efficiency. In March 2023, the International Copper Association (ICA) launched a new initiative to promote the use of recycled copper in construction, highlighting its environmental benefits and cost-effectiveness.. Key drivers for this market are: 1 Rising Demand from Construction2 Growing Electric Vehicle Production3 Technological Advancements in Recycling4 Increasing Environmental Consciousness5 Expansion of Scrap Metal Collection Infrastructure . Potential restraints include: Growing demand for copper in emerging economies Increasing environmental concerns Technological advancements in recycling processes Fluctuating prices of raw copper Stringent government regulations .

Learn how to find the latest LME copper prices by exploring different financial news platforms or commodity-specific websites for accurate and timely updates.