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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    • Copper scrap light copper, dealer buying price, delivered to yard Toronto, Canadian cents/lb
    • Copper scrap red brass solids, dealer buying price, delivered to yard Montreal, Canadian cents/lb
    • Copper scrap red brass turnings, borings, dealer buying price, delivered to yard Montreal, Canadian cents/lb
    • Copper scrap yellow brass solids, dealer buying price, delivered to yard Montreal, Canadian cents/lb
    • Copper scrap yellow brass solids, dealer buying price, delivered to yard Toronto, Canadian 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?

    Argentina is strengthening its role in the global energy transition through a comprehensive critical minerals strategy that extends beyond lithium to include copper, LNG, uranium and renewables. The country’s stable governance and investment-friendly policies are enhancing its appeal to international partners.

    China’s CMOC Group is pursuing measured growth and global expansion amid geopolitical and market uncertainties, with a focus on copper and gold and an emphasis on maintaining commercial independence and adaptability.

    The London Metal Exchange (LME) has set out its plan to launch low-carbon base metals price premiums for nickel, aluminium, zinc and copper in a white paper published on Monday October 13.

    The effect of the fatal rock burst at Codelco’s flagship El Teniente mine will be greater than initially expected, with copper production losses now forecast to reach 48,000 tonnes in 2025, the Chilean producer’s chairman has said.

    The copper concentrates benchmark faces historic uncertainty as market participants gather for LME Week 2025, with potential for negative treatment and refining charges and growing regional divergence shaping the next phase of copper pricing.

    LME Week 2025 arrives amid supply disruptions, evolving carbon policies and tariff tensions that continue to reshape the copper, aluminium and zinc markets.

    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

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