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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
42528 ₺ /kg no changes Finland
2
Petro Metalai
35404.56 ₺ /kg no changes Lithuania
3
Petro Metalai
35404.56 ₺ /kg no changes Lithuania
4
Ферратек-Юг
34745.092 ₺ /kg no changes Russia
5
Utenos metalai
18428.8 ₺ /kg no changes Lithuania
6
Blancomet
17720 ₺ /kg no changes Lithuania
7
SIA Fero M
17720 ₺ /kg no changes Latvia
8
Ферроком
17372.617 ₺ /kg no changes Russia
9
Kaunakiemis
14176 ₺ /kg no changes Lithuania
10
Kaunakiemis
11340.8 ₺ /kg no changes Lithuania
11
Novitera
7088 ₺ /kg no changes Lithuania
12
Kaunakiemis
7088 ₺ /kg no changes Lithuania
13
Kaunakiemis
7088 ₺ /kg price down Lithuania
14
Ферроком
6949.04 ₺ /kg no changes Russia
15
Blancomet
3544 ₺ /kg no changes Lithuania
16
Ферроком
2779.595 ₺ /kg no changes Russia
17
Bonner Goldmine
2516.24 ₺ /g price up Germany
18
Trauringschmiede Drechsel GmbH
2513.405 ₺ /g price up Germany
19
Compro Oro Roma
2481.509 ₺ /g price down Italy
20
Ophirum GmbH
2476.902 ₺ /g price up Germany
21
Aankoopoudgoud.be
2472.649 ₺ /g price up Belgium
22
Gold24direct.de
2472.294 ₺ /g price up Germany
23
Gold24direct.de
2469.814 ₺ /g price up Germany
24
Juwelier am Brandenburger Tor
2469.105 ₺ /g price down Germany
25
Juweliyo GmbH
2463.08 ₺ /g price up Germany
26
Ophirum GmbH
2462.726 ₺ /g price up Germany
27
Elias Consulting GmbH
2459.89 ₺ /g price up Germany
28
Ophirum GmbH
2459.536 ₺ /g price up Germany
29
Hauptstadtgold
2458.473 ₺ /g price up Germany
30
Trauschmuck Sperling GmbH
2456.346 ₺ /g price up Germany
31
Gold24direct.de
2454.574 ₺ /g price up Germany
32
Menditti Fabrizio
2454.574 ₺ /g price up Italy
33
Profihotovost
2444.616 ₺ /g price up Czech Republic
34
Aranypont Magyarország
2442.525 ₺ /g price up Hungary
35
Gold24direct.de
2439.69 ₺ /g price down Germany
36
ANKA Edelmetallhandels- gesellschaft
2438.272 ₺ /g price up Germany
37
Edelmetalen PEJATI
2437.918 ₺ /g price up Belgium
38
Juwelier am Brandenburger Tor
2437.209 ₺ /g price down Germany
39
Den Don Design
2435.366 ₺ /g price up Bulgaria
40
Goldankauf Börse
2435.082 ₺ /g price down Germany


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