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 copper, discount, buying price, delivered to refiners, US cents/lb
    • Copper scrap No2 copper, discount, buying price, delivered to refiners, US cents/lb
    • Copper scrap light copper, discount, buying price, delivered to brass ingot makers, US cents/lb
    • Copper scrap yellow brass solids, buying price, delivered to brass ingot makers, US cents/lb
    • Copper scrap No2 copper, buying price, delivered to refiners, US cents/lb

    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?

    A $3 billion deal between BHP and Lundin Mining is the first concrete sign that Argentina’s new president, Javier Milei, can persuade international investors to build copper mines in the country.

    Asian spot copper markets were quiet without much liquidity due to unfavorable import conditions, while the US markets were stable but pressured by strong supply

    Understanding the greatest risks and the impacts to the supply chains of critical raw materials including battery raw materials, green metals and rare earths

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

    Read the full transcript from episode 4 of Fast Forward podcast with Andrea Hotter on the copper industry’s future with Freeport-McMoRan’s CEO and president Kathleen Quirk

    Asian spot copper premiums rose in the week ended Tuesday July 23, with premiums imported into China increasing on improved arbitrage terms. In the US market, supply failed to keep up with strong demand while in Europe participants were mostly off for the summer holidays

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