Copper Price Monthly and Annualy

Copper Price in International Commodity Markets in October 2023 is about 7,937.18 dollars per metric tonne estimated by World Bank. In the Previous Month, September 2023 copper worth was 8,276.71 dollars per metric tonne. Last year in October 2022 the price was 7,651.08 dollars per metric tonne.

Copper Price in Last 12 Months World Bank

Source: World-bank
Last Updated: 10 Dec 2023
Index Last 12 Months Nominal US Dollars($/mt) Net-Chg Percentage-Chg
13October 2022$ 7,651.08--
12November 2022$ 8,049.86 $ 398.784.95 %
11December 2022$ 8,375.40 $ 325.543.89 %
10January 2023$ 9,037.95 $ 662.557.33 %
9February 2023$ 8,936.59 $ -101.36-1.13 %
8March 2023$ 8,856.31 $ -80.28-0.91 %
7April 2023$ 8,809.42 $ -46.89-0.53 %
6May 2023$ 8,217.47 $ -591.95-7.20 %
5June 2023$ 8,396.52 $ 179.052.13 %
4July 2023$ 8,476.68 $ 80.160.95 %
3August 2023$ 8,349.13 $ -127.55-1.53 %
2September 2023$ 8,276.71 $ -72.42-0.87 %
1October 2023$ 7,937.18 $ -339.53-4.28 %

Copper Price Annual World Bank

The estimated Copper Price in 2022 stood at 8,822.37 dollars per meter. This figure highlights the significant value and demand for copper during that period.

In the previous year, 2021, the Copper Price reached 9,317.05 dollars per meter, 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. Copper's price movements are closely monitored by industries relying on metal, such as construction, electronics, and transportation, as it serves as a vital component in various applications.

The net change in Copper Price during 2022 amounted to a decrease of -494.68 dollars, representing a loss of approximately -5.61%. This decline in copper's value reflects the market's response to various factors that influenced the industry throughout the year. The negative percentage indicates a reduction in value, highlighting the potential challenges faced by businesses and investors in the copper market during that period.

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 %