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.

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

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.

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

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.

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.

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).

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 in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 3378.34 USD per metric ton with a minimum of 606.71 USD per metric ton in January 1961 and a maximum of 10739.91 USD per metric ton in October 2025. | TheGlobalEconomy.com

Global Copper Prices - Historical chart and current data through 2025.

Graph and download economic data for Global price of Copper (PCOPPUSDA) from 1990 to 2024 about copper, metals, World, and price.

Explore the dynamics of the London Metal Exchange copper market, its influence on global economic health, and how to access live data with platforms like Bloomberg and Reuters.

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.

Russia Average World Price: Copper data was reported at 6,825.300 USD/Ton in May 2018. This records a decrease from the previous number of 6,851.500 USD/Ton for Apr 2018. Russia Average World Price: Copper data is updated monthly, averaging 5,886.350 USD/Ton from Jun 2000 (Median) to May 2018, with 216 observations. The data reached an all-time high of 9,881.000 USD/Ton in Feb 2011 and a record low of 1,311.500 USD/Ton in Oct 2002. Russia Average World Price: Copper data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.

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.

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

Explore the dynamics of LME copper trading, influenced by global demand, geopolitical events, and green technology trends. Discover how real-time copper prices provide insights into economic conditions and impact investment strategies on the influential London Metal Exchange.

Annual copper prices (1900-2015). Refined Constant Copper prices (2012=100) quoted in the London Metal Exchange at U.S. Dollar per pound (USD cents/lb). Values between 1900 and 1935 were acquired from the World Bank at constant prices (1985=100) (Takeuchi et al., 1987). Values updated to 2010 based on the U.S. Producer Price Index for All Commodities, Index 1982=100, Monthly, Not Seasonally Adjusted published by the Federal Reserve Bank of St. Louis (FRED, 2017). Values between 1935 and 2015 were acquired from Chilean Copper Corporation (Cochilco) (Cochilco, 2017). Constant prices (2012=100). Deflator: U.S. Producer Price Index (PPI, all Commodities).

Of the five largest copper mining companies, U.S. mining company Freeport-McMoRan saw the largest growth in its share price over recent years. Between January 2018 and March 2024, the share price of the Phoenix-based company saw its share price increase by over *** percent. Conversely, over this period, Canada-based mining and metals company First Quantum Minerals saw slight decreases in their share price.

Copper Concentrate Market size was valued at USD 19.3 Billion in 2023 and is projected to reach USD 35.6 Billion by 2031, growing at a CAGR of 8.2% during the forecast period 2024-2031.

Global Copper Concentrate Market Drivers

The market drivers for the Copper Concentrate Market can be influenced by various factors. These may include:

Demand from Electric Vehicles and Renewable Energy: The increasing demand for electric vehicles (EVs) and renewable energy technologies significantly drives the copper concentrate market. As global efforts to combat climate change intensify, industries are shifting toward sustainable options, and copper's excellent conductivity makes it an essential component in EVs and solar panels. The International Energy Agency projects substantial growth in EV production, requiring vast amounts of copper for batteries and wiring. Additionally, renewable energy infrastructures like wind and solar power are also copper-intensive. This surge in demand is expected to create supply challenges, thereby impacting copper concentrate prices and market dynamics.

Infrastructure Development: Infrastructure development is a key driver of the copper concentrate market. Governments around the world have initiated large-scale infrastructure projects to bolster economic growth and employment, particularly in emerging markets. These projects, including roads, bridges, and public transportation systems, often require significant amounts of copper for electrical systems and construction materials. For instance, updated infrastructure policies in countries like the United States and China promise to increase demand for copper. Consequently, as these projects progress, the demand for copper concentrate is expected to rise, exerting upward pressure on prices and encouraging investment in mining operations.

Global Copper Concentrate Market Restraints

Several factors can act as restraints or challenges for the Copper Concentrate Market. These may include:

Environmental Regulations: The copper concentrate market faces significant constraints due to stringent environmental regulations aimed at minimizing the impact of mining and processing activities. Governments worldwide have implemented laws to reduce emissions and promote sustainable practices, leading to increased operational costs for mining companies. Processing copper concentrate generates waste and requires proper treatment due to potential pollutants such as heavy metals. Compliance with these regulations can limit production capabilities, increase capital expenditures for environmental management, and slow down project approvals. Companies must invest in cleaner technologies, which can divert funds from exploration and development, thereby restricting market growth.

Fluctuating Copper Prices: Fluctuations in global copper prices significantly restrain the copper concentrate market. Prices are influenced by geopolitical factors, supply-demand dynamics, and economic conditions, creating uncertainties for miners and traders. When prices decline, mining companies often scale back production or delay new investments, leading to reduced availability of concentrate in the market. Such volatility can deter new entrants, spooking investors during periods of low prices. Furthermore, inconsistent pricing affects long-term contracts and can create cash flow issues, complicating financial planning for businesses that rely on steady market conditions for sustainable operations.