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Copper price spike in 2024

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In the second half of April 2024, the price of copper rose to 9,749 US dollars per ton. This is the highest level of the copper price in the last two years. This impressive growth surprised both market participants and economic experts.
Compared to the beginning of the year, the price of copper increased by as much as 15 percent. This sudden rise in prices has created a lot of interest among investors and industry. Why did the price of copper rise so much?
One of the factors that could explain this increase in the price of copper is the recovery of the industry in recent years after the economic disruption caused by the pandemic.

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# Buyer Purchase price Country
1
Kameliontti Oy
8928 kr /kg no changes Finland
2
Petro Metalai
7432.56 kr /kg no changes Lithuania
3
Petro Metalai
7432.56 kr /kg no changes Lithuania
4
Ферратек-Юг
7294.116 kr /kg no changes Russia
5
Utenos metalai
3868.8 kr /kg no changes Lithuania
6
Blancomet
3720 kr /kg no changes Lithuania
7
SIA Fero M
3720 kr /kg no changes Latvia
8
Ферроком
3647.073 kr /kg no changes Russia
9
Kaunakiemis
2976 kr /kg no changes Lithuania
10
Kaunakiemis
2380.8 kr /kg no changes Lithuania
11
Novitera
1488 kr /kg no changes Lithuania
12
Kaunakiemis
1488 kr /kg no changes Lithuania
13
Kaunakiemis
1488 kr /kg price down Lithuania
14
Ферроком
1458.828 kr /kg no changes Russia
15
Blancomet
744 kr /kg no changes Lithuania
16
Ферроком
583.527 kr /kg no changes Russia
17
Aurum Business Trade
530.993 kr /g price up Germany
18
Trauringschmiede Drechsel GmbH
527.645 kr /g price up Germany
19
Compro Oro Roma
525.934 kr /g price up Italy
20
Aurum Business Trade
523.255 kr /g price up Germany
21
Juwelier am Brandenburger Tor
520.726 kr /g price up Germany
22
Ophirum GmbH
519.982 kr /g price up Germany
23
Aankoopoudgoud.be
519.089 kr /g price up Belgium
24
Gold24direct.de
518.494 kr /g price up Germany
25
Gold24direct.de
517.75 kr /g price up Germany
26
Goldankauf Börse
517.303 kr /g price up Germany
27
Juweliyo GmbH
517.08 kr /g price up Germany
28
Ophirum GmbH
517.006 kr /g price up Germany
29
Ophirum GmbH
516.336 kr /g price up Germany
30
Hauptstadtgold
516.113 kr /g price up Germany
31
Trauschmuck Sperling GmbH
515.666 kr /g price up Germany
32
Gold24direct.de
515.294 kr /g price up Germany
33
Menditti Fabrizio
515.294 kr /g price up Italy
34
Gold24direct.de
514.327 kr /g price up Germany
35
Juwelier am Brandenburger Tor
513.955 kr /g price up Germany
36
Ophirum GmbH
513.881 kr /g price up Germany
37
Menditti Gioielli
513.583 kr /g price up Italy
38
Profihotovost
513.204 kr /g price up Czech Republic
39
GOLDhandelshaus.de
513.062 kr /g price up Germany
40
Aranypont Magyarország
512.765 kr /g price up Hungary


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