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

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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

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?

The base metals prices on the London Metal Exchange are, for the most part, little changed this morning, Wednesday May 17, the exception is nickel where three-month prices are down 0.9% at $9,085 per tonne.

Base metals prices on the London Metal Exchange are down across the board this morning, Tuesday May 16, with prices down an average of 0.6%.

Base metals prices on the London Metal Exchange are up by an average of 0.2% this morning, Thursday May 11, ranged between up 0.2% for aluminium and down 0.7% for nickel – three-month copper prices are up 0.5% at $5,537 per tonne. Volume has been average with 5,493 lots traded as of 07:01 BST.

Base metals prices are weaker again this morning, Tuesday May 9, with prices down an average of 0.2% on the London Metal Exchange.

Base metals prices are weaker again this morning, Monday May 8, with prices down an average of 0.9% on the London Metal Exchange.

The London Metal Exchange could attract more business by simplifying its products, Jeremy Goldwyn, newly appointed md at Bands Financial, told Metal Bulletin during an interview at LME Asia Week.

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