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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 City
1
Petro Metalai
91927.98 ₹ /kg no changes Marijampolė
2
Petro Metalai
91927.98 ₹ /kg no changes Kazlų Rūda
3
Utenos metalai
47850.4 ₹ /kg no changes Utena
4
Blancomet
46010 ₹ /kg no changes Vilnius
5
Kaunakiemis
36808 ₹ /kg no changes Kaunas
6
Kaunakiemis
29446.4 ₹ /kg no changes Kaunas
7
Kaunakiemis
18404 ₹ /kg no changes Kaunas
8
Kaunakiemis
18404 ₹ /kg no changes Kaunas
9
Novitera
18404 ₹ /kg no changes Klaipėda
10
Blancomet
9202 ₹ /kg no changes Vilnius
11
Tavo Lombardas
6165.34 ₹ /g price up Vilnius
12
Monodija
6156.138 ₹ /g price up Kaunas
13
Monodija
6018.108 ₹ /g price up Kaunas
14
Novitera
5952.774 ₹ /g price up Klaipėda
15
Blancomet
5892.961 ₹ /g no changes Vilnius
16
Novitera
5767.814 ₹ /g price down Kaunas
17
UAB Amalgamus
5061.1 ₹ /g price up Vilnius
18
Tavo Lombardas
4969.08 ₹ /g no changes Vilnius
19
Monodija
4904.666 ₹ /g price up Kaunas
20
Tavo Lombardas
4877.06 ₹ /g price up Vilnius
21
Monodija
4840.252 ₹ /g price up Kaunas
22
Monodija
4803.444 ₹ /g price up Kaunas
23
Monodija
4794.242 ₹ /g price up Kaunas
24
Tavo Lombardas
4785.04 ₹ /g price up Vilnius
25
MB Goldeta
4601 ₹ /g no changes Alytus
26
UAB Amalgamus
4508.98 ₹ /g price up Vilnius
27
Novitera
4469.411 ₹ /g price up Klaipėda
28
Blancomet
4424.322 ₹ /g no changes Vilnius
29
Auksinis garantas
4416.96 ₹ /g no changes Kaunas
30
Tavo Lombardas
4416.96 ₹ /g price up Vilnius
31
Novitera
4329.541 ₹ /g price down Kaunas
32
Monodija
4177.708 ₹ /g price up Kaunas
33
Monodija
4122.496 ₹ /g price up Kaunas
34
Monodija
4094.89 ₹ /g price up Kaunas
35
Monodija
4085.688 ₹ /g price up Kaunas
36
Auksinis garantas
3864.84 ₹ /g no changes Kaunas
37
UAB Amalgamus
3680.8 ₹ /g price up Vilnius
38
Vilniaus Juvelyrika
3588.78 ₹ /g no changes Vilnius
39
Vilniaus Juvelyrika
3588.78 ₹ /g no changes Vilnius
40
Vilniaus Juvelyrika
3588.78 ₹ /g no changes Vilnius


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