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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
466800 Ft /kg no changes Finland
2
Petro Metalai
388611 Ft /kg no changes Lithuania
3
Petro Metalai
388611 Ft /kg no changes Lithuania
4
Ферратек-Юг
381372.488 Ft /kg no changes Russia
5
Utenos metalai
202280 Ft /kg no changes Lithuania
6
Blancomet
194500 Ft /kg no changes Lithuania
7
SIA Fero M
194500 Ft /kg no changes Latvia
8
Ферроком
190687.022 Ft /kg no changes Russia
9
Kaunakiemis
155600 Ft /kg no changes Lithuania
10
Kaunakiemis
124480 Ft /kg no changes Lithuania
11
Novitera
77800 Ft /kg no changes Lithuania
12
Kaunakiemis
77800 Ft /kg no changes Lithuania
13
Kaunakiemis
77800 Ft /kg no changes Lithuania
14
Ферроком
76274.731 Ft /kg no changes Russia
15
Blancomet
38900 Ft /kg no changes Lithuania
16
Ферроком
30509.659 Ft /kg no changes Russia
17
Tavo Lombardas
27619 Ft /g price up Lithuania
18
Bonner Goldmine
27619 Ft /g price up Germany
19
Trauringschmiede Drechsel GmbH
27335.03 Ft /g price down Germany
20
Compro Oro Roma
27237.78 Ft /g price down Italy
21
Gold24direct.de
27136.64 Ft /g price up Germany
22
Juwelier am Brandenburger Tor
27101.63 Ft /g price down Germany
23
Hauptstadtgold
27047.17 Ft /g price up Germany
24
Elias Consulting GmbH
27000.49 Ft /g price up Germany
25
Aankoopoudgoud.be
26942.14 Ft /g price down Belgium
26
Ophirum GmbH
26891.57 Ft /g price down Germany
27
Menditti Fabrizio
26821.55 Ft /g price down Italy
28
Gold24direct.de
26778.76 Ft /g price down Germany
29
ANKA Edelmetallhandels- gesellschaft
26763.2 Ft /g price up Germany
30
Edelmetalen PEJATI
26759.31 Ft /g price up Belgium
31
Juwelier am Brandenburger Tor
26751.53 Ft /g price down Germany
32
Den Don Design
26731.302 Ft /g price up Bulgaria
33
Goldankauf Börse
26728.19 Ft /g price down Germany
34
Gold24direct.de
26712.63 Ft /g price down Germany
35
BV Goudbank Limburg
26708.74 Ft /g price up Belgium
36
EMH-Trivero
26700.96 Ft /g price up Germany
37
Elias Consulting GmbH
26685.4 Ft /g price up Germany
38
Gold24direct.de
26677.62 Ft /g price down Germany
39
Juwelier Mere
26669.84 Ft /g price up Germany
40
Aurum Business Trade
26662.06 Ft /g price down Germany


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