Copper Price Monthly and Annualy

The Copper Price in International Commodity Markets for March 2024 is 8,689.13 dollars per metric tonne, as estimated by the World Bank. In comparison to the previous month, February 2024, when copper was valued at 8,304.95 dollars per metric tonne, there has been a net change of 384.18 dollars. This represents a percentage increase of 4.42%. Looking back to March 2023, the copper price stood at 8,856.31 dollars per metric tonne. The current data reflects a dynamic market with a modest increase in copper prices from March 2023 to March 2024, signaling potential shifts in global economic trends and demand for this crucial industrial metal.

Copper Price in Last 12 Months World Bank

Source: World-bank
Last Updated: 21 Apr 2024
IndexLast 12 MonthsNominal US Dollars($/mt) Net-ChgPercentage-Chg
13March 2023$ 8,856.31--
12April 2023$ 8,809.42 $ -46.89-0.53 %
11May 2023$ 8,217.47 $ -591.95-7.20 %
10June 2023$ 8,396.52 $ 179.052.13 %
9July 2023$ 8,476.68 $ 80.160.95 %
8August 2023$ 8,349.13 $ -127.55-1.53 %
7September 2023$ 8,276.71 $ -72.42-0.87 %
6October 2023$ 7,937.18 $ -339.53-4.28 %
5November 2023$ 8,189.59 $ 252.413.08 %
4December 2023$ 8,399.94 $ 210.352.50 %
3January 2024$ 8,338.88 $ -61.06-0.73 %
2February 2024$ 8,304.95 $ -33.93-0.41 %
1March 2024$ 8,689.13 $ 384.184.42 %

Copper Price Annual World Bank

The estimated Copper Price in 2023 stood at 8,490.29 dollars per metric tonne. This figure highlights the significant value and demand for copper during that period.

In the previous year, 2022, the Copper Price reached 8,822.37 dollars per metric tonne, demonstrating the volatility and fluctuation that characterizes the copper market. This price level indicates a slight decline compared to the following year, suggesting a potential shift in supply and demand dynamics or other market influences.

The net change in Copper Price during 2023 amounted to a decrease of -332.08 dollars per metric tonne, representing a profit of -3.91%. This decline in copper's value reflects the market's response to various factors that influenced the industry throughout the year.

Source: World-bank
Year Price Nominal US Dollars($/mt) Net-ChangePercentage-Change
1960 $ 678.76--
1961 $ 633.08 $ -45.68-7.22 %
1962 $ 645.14 $ 12.061.87 %
1963 $ 645.95 $ 0.810.13 %
1964 $ 969.75 $ 323.8033.39 %
1965 $ 1,292.84 $ 323.0924.99 %
1966 $ 1,531.51 $ 238.6715.58 %
1967 $ 1,134.77 $ -396.74-34.96 %
1968 $ 1,241.95 $ 107.188.63 %
1969 $ 1,467.34 $ 225.3915.36 %
1970 $ 1,415.70 $ -51.64-3.65 %
1971 $ 1,081.42 $ -334.28-30.91 %
1972 $ 1,057.68 $ -23.74-2.24 %
1973 $ 1,785.36 $ 727.6840.76 %
1974 $ 2,058.50 $ 273.1413.27 %
1975 $ 1,234.75 $ -823.75-66.71 %
1976 $ 1,400.75 $ 166.0011.85 %
1977 $ 1,308.75 $ -92.00-7.03 %
1978 $ 1,364.83 $ 56.084.11 %
1979 $ 1,985.26 $ 620.4331.25 %
1980 $ 2,182.09 $ 196.839.02 %
1981 $ 1,741.95 $ -440.14-25.27 %
1982 $ 1,480.44 $ -261.51-17.66 %
1983 $ 1,591.93 $ 111.497.00 %
1984 $ 1,377.32 $ -214.61-15.58 %
1985 $ 1,417.38 $ 40.062.83 %
1986 $ 1,373.78 $ -43.60-3.17 %
1987 $ 1,782.50 $ 408.7222.93 %
1988 $ 2,601.67 $ 819.1731.49 %
1989 $ 2,848.41 $ 246.748.66 %
1990 $ 2,661.48 $ -186.93-7.02 %
1991 $ 2,338.78 $ -322.70-13.80 %
1992 $ 2,281.16 $ -57.62-2.53 %
1993 $ 1,913.08 $ -368.08-19.24 %
1994 $ 2,307.42 $ 394.3417.09 %
1995 $ 2,935.61 $ 628.1921.40 %
1996 $ 2,294.86 $ -640.75-27.92 %
1997 $ 2,276.77 $ -18.09-0.79 %
1998 $ 1,654.06 $ -622.71-37.65 %
1999 $ 1,572.86 $ -81.20-5.16 %
2000 $ 1,813.47 $ 240.6113.27 %
2001 $ 1,578.29 $ -235.18-14.90 %
2002 $ 1,559.48 $ -18.81-1.21 %
2003 $ 1,779.14 $ 219.6612.35 %
2004 $ 2,865.88 $ 1,086.7437.92 %
2005 $ 3,678.88 $ 813.0022.10 %
2006 $ 6,722.13 $ 3,043.2545.27 %
2007 $ 7,118.23 $ 396.105.56 %
2008 $ 6,955.88 $ -162.35-2.33 %
2009 $ 5,149.74 $ -1,806.14-35.07 %
2010 $ 7,534.78 $ 2,385.0431.65 %
2011 $ 8,828.19 $ 1,293.4114.65 %
2012 $ 7,962.35 $ -865.84-10.87 %
2013 $ 7,332.10 $ -630.25-8.60 %
2014 $ 6,863.40 $ -468.70-6.83 %
2015 $ 5,510.46 $ -1,352.94-24.55 %
2016 $ 4,867.90 $ -642.56-13.20 %
2017 $ 6,169.94 $ 1,302.0421.10 %
2018 $ 6,529.80 $ 359.865.51 %
2019 $ 6,010.15 $ -519.65-8.65 %
2020 $ 6,173.77 $ 163.622.65 %
2021 $ 9,317.05 $ 3,143.2833.74 %
2022 $ 8,822.37 $ -494.68-5.61 %
2023 $ 8,490.29 $ -332.08-3.91 %