Copper rose to 4.42 USD/Lbs on August 1, 2025, up 0.29% from the previous day. Over the past month, Copper's price has fallen 14.18%, but it is still 7.63% higher than a year ago, 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 August of 2025.

In November 2024, the average monthly price for copper stood at over 9,000 U.S. dollars per metric ton. This is down from a monthly high exceeding 10,000 U.S. dollars in March 2024, which was among the highest monthly values observed in the past decade.

Copper prices decline due to uncertainty over the US-China tariff truce, causing market skepticism and impacting futures on Comex.

Graph and download economic data for Global price of Copper (PCOPPUSDQ) from Q1 1990 to Q2 2025 about copper, World, metals, and price.

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

In August 2022, the copper price per ton amounted to $6 per kg, surging by 62% against the previous month.

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.

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).

According to Cognitive Market Research, the global Copper Recycling market size will be 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

Growing Demand for Sustainable Materials to Boost Market Growth

The increasing global awareness of environmental sustainability has significantly influenced consumer behavior and industrial practices. As industries strive to reduce their ecological footprint, the demand for sustainable materials has surged. Between 2019 and 2023, 62 member states and the European Union introduced 516 policy instruments aimed at facilitating the transition to sustainable consumption and production patterns. Approximately half of these policies consist of national road maps or strategies, 30 percent are legal instruments, and 14 percent are voluntary measures. In this context, recycled copper has emerged as a key component of this trend, as it contributes to reducing the ecological impact of production processes. Unlike primary copper, which is derived from intensive mining and processing, recycled copper comes from scrap materials and involves significantly lower energy consumption and greenhouse gas emissions.

Extensive Usage of Recycled Copper in the Electrical & Electronics Sector to Drive Market Growth

The electrical and electronics sector is one of the largest consumers of copper due to its superior electrical conductivity and resistance to corrosion. In 2022, electrical machinery and electronics ranked as the world's second most traded product, with a total trade value of $3.39 trillion. Between 2021 and 2022, exports in this sector grew by 6.27%, rising from $3.19 trillion to $3.39 trillion. Copper plays a vital role in numerous electrical and electronic products, including wires, cables, connectors, motors, transformers, printed circuit boards (PCBs), and consumer devices such as smartphones, laptops, and televisions. The rapid proliferation of electronic devices and growing technology consumption have also driven a substantial rise in global e-waste. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased by 9.0% year over year, reaching 292.2 million units in the second quarter of 2024. As a significant contributor to e-waste, the electrical and electronics sector offers substantial opportunities for manufacturers in the recycled copper market worldwide.

Restraint Factor for the Copper Recycling Market

Fluctuating Copper Prices and Quality Variability and ContaminationWill Limit Market Growth

One of the key challenges facing the recycled copper market is the volatility of copper prices. The global copper market is highly sensitive and easily influenced by factors such as fluctuations in supply and demand, geopolitical tensions, and economic instability. This price volatility can significantly impact the profitability of recycling operations. When copper prices are high, recycling becomes an attractive and profitable business, spurring investments in recycling infrastructure. However, during periods of falling prices, the economic feasibility of recycling can be jeopardized, as the revenue from selling recycled copper may not be enough to cover the costs of...

The copper rolling, drawing and extruding industry has been undergoing significant technological and operational advancements to secure long-term competitiveness. Producers are integrating advanced manufacturing technologies such as automation, robotics and real-time data analytics into their operations. There is also a focus on enhancing recycling capabilities to reduce dependence on volatile global supply chains. This push toward technological advancement comes as a response to the industry's tight supply, rising input costs and growing customer expectations. Companies are adopting predictive maintenance and expanding their recycling infrastructure, as well as building strategic partnerships to strengthen their competitive position. Through the five years to 2025, revenue has gained at a CAGR of 6.1% to $37.3 billion in 2025, despite a 2.3% drop anticipated in 2025. The industry faces immediate and multifaceted challenges because of the global convergence of persistent supply constraints and robust demand, which have led to climbing copper prices. This volatility complicates inventory management, contract negotiations and squeezes profit. This ripple effect raises costs for industries reliant on copper products and tariffs and global trade frictions dampen demand for fabricated copper goods. This has led companies to focus on strengthening domestic supply chains and customer relationships and preparing for a more insular market environment. Expectations for the future performance of the copper rolling, drawing and extruding industry are mixed because of persistent price volatility, supply constraints, surging demand and geopolitical tensions. This uncertainty complicates operational planning and margin management; however, producers are still expected to leverage new design technologies to create efficient, durable copper products tailored to evolving end-user needs. There's an expected investment in R&D, advanced manufacturing technologies and collaborative product development to maintain competitiveness. The industry must continue strengthening domestic supply chains, investing in production modernization and expanding recycling capabilities to offset potential shortages and cost pressures from the complex global landscape. Resilience and agility will be key to maintaining competitiveness in the face of these challenges. Following these trends, revenue will climb at a CAGR of 0.6% to $38.3 billion through the end of 2030.

The USA: Copper mine production in metric tons: The latest value from 2020 is 1200000 metric tons, a decline from 1260000 metric tons in 2019. In comparison, the world average is 387920 metric tons, based on data from 53 countries. Historically, the average for the USA from 2001 to 2020 is 1228947 metric tons. The minimum value, 1110000 metric tons, was reached in 2010 while the maximum of 1430000 metric tons was recorded in 2016.

Freeport-McMoRan's Q4 profits exceeded estimates, aided by higher copper prices. Despite lower production, economic stimulus in China and US growth supported prices.

The copper market saw a significant price drop this week due to eased US-China trade tensions, despite a 16% surge since the year's start. China's copper imports hit a five-year high, while investment opportunities in the sector remain attractive.

The U.S. copper market stood at $X in 2022, increasing by 1.6% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Copper, Nickel, Lead and Zinc Miners have seen modest revenue growth since 2019, in spite of disruptions stemming from the COVID-19 pandemic and volatile demand from China. Minerals produced by the industry are key inputs in construction, electronics and automobiles, leading demand to fluctuate in unison with overall global economic activity. Specifically, China's vast appetite for copper and other metals creates a robust and direct relationship between Chinese demand and global market conditions. Overall, industry revenue has been growing at an estimated CAGR of 1.1% to reach $13.2 billion in 2024 when revenue is set to decline 0.9% and profit is set to have fallen amid mounting costs.Despite restrictions inhibiting industry growth during the pandemic, the industry made a strong recovery in 2021, in line with flourishing economic conditions. Global copper, lead and zinc prices spiked as the economy rapidly reopened, with increased manufacturing activity meeting a constrained supply chain, driving up prices and therefore miners’ revenue. Since then, industry revenue has seen steady declines as easing supply chain issues and poor Chinese economic performance have driven down industry-relevant commodity prices. At the same time, the competitive and extremely capital-intensive landscape has forced some companies to exit the industry.Industry revenue is expected to grow at a CAGR of 0.3% to $13.4 billion over the next five years. Companies will continue to seek additional measures to reduce operating costs, as profitability has been historically volatile and will remain unstable. Mineral prices will continue to display high levels of volatility, with the prices of zinc, copper and lead set to remain below the highs of the previous period. Consolidation efforts will continue as domestic and foreign companies continue investing or acquiring assets on an international scale, reflecting the increasing globalization of the mining sector.

Aluminum rose to 2,573.35 USD/T on August 1, 2025, up 0.30% from the previous day. Over the past month, Aluminum's price has fallen 1.90%, but it is still 13.69% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on August of 2025.

In July 2022, the copper powder price per tonamounted to $6,334 per ton, declining by less than 0.1% against the previous month.

Learn about the increasing demand for refined copper in Latin America and the Caribbean, with the market expected to continue growing over the next decade. Market performance is projected to slow down slightly, with a CAGR of +0.8% from 2024 to 2035, reaching a volume of 8.8M tons by 2035. In terms of value, the market is forecasted to grow at a CAGR of +2.3% over the same period, reaching $83.2B by the end of 2035.

According to Cognitive Market Research, the global Copper Strips market size will be USD 16241.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% 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 6496.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4872.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3735.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 812.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa hada market share of around 2% of the global revenue and was estimated at a market size of USD 324.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The copper is the dominant material category. This dominance is attributed to copper's superior electrical and thermal conductivity.

Market Dynamics of Copper Strips Market

Key Drivers for Copper Strips Market

Increasing Demand for Electrical and Electronic Components to Increase the Demand Globally

The burgeoning demand for electrical and electronic components significantly drives the Copper Strips Market. Copper strips are essential in manufacturing connectors, switches, and other electronic devices due to their excellent conductivity and durability. With the rapid advancement of technology and the proliferation of consumer electronics, the requirement for reliable electrical connections has surged. Moreover, the ongoing trend towards miniaturization in electronics necessitates high-quality, thin copper strips, enhancing performance and efficiency in compact devices. This relentless demand underscores copper strips' vital role in the electronics sector, propelling market growth.

Rising Infrastructure Development and Construction Activities to Propel Market Growth

Another pivotal driver for the Copper Strips Market is the surge in infrastructure development and construction activities worldwide. Copper strips are widely utilized in construction for roofing, plumbing, and electrical wiring due to their corrosion resistance and superior conductivity. The global push towards urbanization and the development of smart cities have amplified the need for robust and reliable construction materials. Additionally, government investments in infrastructure projects, especially in emerging economies, have further bolstered the demand for copper strips. This infrastructural expansion ensures a steady growth trajectory for the copper strips market, as these projects often require significant amounts of high-quality copper materials.

Restraint Factor for the Copper Strips Market

Fluctuating Raw Material Prices to Limit the Sales

A significant restraint for the Copper Strips Market is the fluctuating prices of raw materials. Copper, being a globally traded commodity, is subject to price volatility due to various factors such as changes in supply-demand dynamics, geopolitical tensions, and economic policies. These price fluctuations can adversely affect the production costs for manufacturers, leading to uncertainties in pricing strategies and profit margins. Consequently, companies may face challenges in maintaining consistent supply and managing costs, which can hinder market growth and stability. This volatility necessitates effective risk management and strategic sourcing to mitigate its impact on the copper strips market.

Impact of Covid-19 on the Copper Strips Market

The COVID-19 pandemic had a profound impact on the Copper Strips Market. Disruptions in the global supply chain due to lockdowns and restrictions led to a slowdown in manufacturing activities and a decline in demand from key industries such as construction, automotive, and electronics. Additionally, fluctuations in copper prices during the pandemic added to the market uncertainty. However, as economies began to recover, there was a resurgence in demand driven by renewed infrastructure projects and increased investment in renewable energy sectors. Despite initial setbacks, the...

The Latin American copper market shrank slightly to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.