Copper Price Today

Copper Price Update Today on the Market

According to compiled data from sources such as Platts Metals Week, Engineering and Mining Journal, Thomson Reuters Datastream, and the World Bank, today’s copper price is as follows:

Note: The copper prices displayed below are based on over-the-counter (OTC) financial instruments and contracts for difference (CFD). Our copper prices are intended for reference purposes only and should not be used as a basis for making trading decisions.

Copper price table for the last 10 days

Copper price chart for the past 30 days

Factors Affecting Copper Price Changes Today

The price of copper can fluctuate daily due to factors such as:

• Global copper prices
• Type of copper and copper alloys
• USD exchange rate

For example, the price of brass not only depends on global copper prices but also on domestic copper prices, depending on raw material costs and zinc prices.

Additionally, copper prices may experience strong short-term fluctuations due to consumer demand and economic announcements from major global economies.

In the long term, copper prices will primarily be influenced by technological advancements, supply availability, mining policies, and export regulations.

To make accurate production decisions, businesses should monitor market trends and choose the right timing to maximize economic value and efficiency.

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  Copper Price Increases Thanks to Expectations from China

  On October 23, 2024, copper price on the London Metal Exchange (LME) increased 0.9%, reaching 9,648 USD/ton. The increase was...

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  The price of copper has increased by 1.5% reaching the $10,000 USD mark.

  Early in the morning of September 25, the copper price was recorded trading directly on the LME at 9,844 USD/ton,...

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  Copper price rise on hopes of economic stimulus from China and arbitrage between copper exchange market

  Copper prices in the international market have risen on hopes of economic stimulus measures from China, the world’s largest copper...