Copper

Learn more about copper and view copper price charts

Copper is one of the most commonly used of the base metals, and when in high demand, copper is a reliable indicator of our economic health. But its importance isn’t confined to electrical wires and thermal conductors.

Copper also plays a vital role in the rise of renewable energies and the production of electric vehicles, helping us transition to a low-carbon economy.

Our team of experts provides global and local data-driven insights, prices, forecasts and market news to help you make sense of the forces influencing the copper market. Our expert analysis provides critical insights to help you predict future trends for win-win outcomes in your contract negotiations.
Inquire about our copper market analysis and price data

Inform your base metals strategy with metals price forecasts and analysis for the global base metals industry

Search copper prices
    • Copper EQ cathode premium, cif Southeast Asia, $/tonne
    • No1 copper material, RCu-2A,1B (candy/berry), cif China, LME/Comex discount, US cents per lb
    • Copper concentrates RC implied traders purchase, cif Asia Pacific, cents/lb
    • Copper concentrates TC implied smelters purchase, cif Asia Pacific, $/tonne
    • Copper concentrates TC implied traders purchase, cif Asia Pacific, $/tonne

    Market-reflective copper price data spanning the copper supply chain, from copper concentrates and copper wire to copper scrap

    Find out how we assess and forecast prices for the global metals market

    What’s happening in the copper market?

    The influential annual treatment and refining charge (TC/RC) benchmark that sets the price that smelters charge miners to process their copper concentrate could be at risk, according to multiple market sources, although most believe the system, or elements of it, will remain

    Just under two weeks ago, the chair of BHP made a phone call to his counterpart at mining peer Anglo American and set in motion a flurry of activity designed to create the largest copper producer in the world

    In anticipation of a tight market, copper concentrate traders have locked in 2025 volumes at notably low treatment charges, with deals being placed well below the long-term industry benchmarks

    German copper producer Aurubis is among the least likely to consider reducing capacity despite record low treatment charges (TCs), according to its chief executive officer

    European copper demand, particularly for wire rod, remains strong and seems to be outpacing broader macro-economic growth in the region, the chief executive officer of German producer Aurubis has said.

    The process to place the smaller and less efficient of the two processing plants at Los Bronces on care and maintenance is expected to be completed by mid-2024 and comes as the company pushes value over volume, the chief executive officer of Anglo American Chile said

    How can we help?

    A trusted reflection of the copper markets, even at their most volatile

    Delivered to you from reporters embedded in the copper markets all over the world.

    Our forecasting helps you understand supply and demand dynamics and price changes

    Grow and protect your profits

    Insights-rich, immersive experiences for current and future market participants

    Commodity markets move fast. Keep up with the Fastmarkets platform

    Talk to us

    Whether you’re interested in learning how to become a customer from our sales teams or looking to get in touch with one of our reporters, we’re here for you.

    Speak to our team

    Why use a price reporting agency?

    Navigate uncertainty and make business decisions with confidence using our price data, forecasts and critical intelligence.

    Learn more