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

Search copper prices
    • Copper scrap No1 bare bright, buying price, delivered to brass ingot makers, US cents/lb
    • No2 copper material, RCu-2B (birch/cliff), cif China, LME/Comex discount, US cents per lb
    • Copper scrap 70-30 brass clips, dealer buying price, delivered to yard US, US cents/lb
    • Copper scrap auto radiators (unsweated), dealer buying price, delivered to yard US, US cents/lb
    • Copper scrap light copper, dealer buying price, delivered to yard US, US cents/lb

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

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    Featured report

    What’s ahead in the copper market? 

    As copper prices reach record highs and analysts warn of ‘unsustainable deficits’, we explore the key trends shaping the copper market:

    • How copper demand growth is being spurred by the energy transition
    • Copper production forecasts and the struggle to keep up with demand
    • Copper recycling and predictions for the future
    • Data on forecast copper deficit
    • The emerging challenges for copper smelters
    • Whether current copper trends can be sustained

    Acess the full report here

    What’s happening in the copper market?

    In the fourth episode of Fastmarkets critical minerals podcast Fast Forward, Freeport-McMoRan CEO and president Kathleen Quirk tells host Andrea Hotter why there’s a preference to buy and not build new supplies of copper right now

    Acquisition Company Limited (ACG) has agreed to buy the Gediktepe mine in Turkey — the company’s first deal as it works to build a sizeable mid-tier copper producer, its chairman and chief executive officer told Fastmarkets.

    Copper market price speculation is driving the base metals narrative, head of research at UK-based services provider Sucden Financial Daria Efanova said during the company’s third-quarter metals webinar on Wednesday July 17.

    Chinese mining giant CMOC reported a 178% year-on-year increase in cobalt metal production for the first six months of 2024, according to an announcement by the company on Friday July 12

    Price and supply were the major topics of conversation for market participants across the value chain attending Fastmarkets’ flagship Lithium Supply and Battery Raw Materials conference in Las Vegas on June 24-27

    Russia’s war against Ukraine is using millions of copper-containing shells, which has increased demand for the red metal, sources told Fastmarkets

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