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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
50796 ₴ /kg no changes Finland
2
Petro Metalai
42287.67 ₴ /kg no changes Lithuania
3
Petro Metalai
42287.67 ₴ /kg no changes Lithuania
4
Ферратек-Юг
41499.993 ₴ /kg no changes Russia
5
Utenos metalai
22011.6 ₴ /kg no changes Lithuania
6
Blancomet
21165 ₴ /kg no changes Lithuania
7
SIA Fero M
21165 ₴ /kg no changes Latvia
8
Ферроком
20750.081 ₴ /kg no changes Russia
9
Kaunakiemis
16932 ₴ /kg no changes Lithuania
10
Kaunakiemis
13545.6 ₴ /kg no changes Lithuania
11
Novitera
8466 ₴ /kg no changes Lithuania
12
Kaunakiemis
8466 ₴ /kg no changes Lithuania
13
Kaunakiemis
8466 ₴ /kg price down Lithuania
14
Ферроком
8300.024 ₴ /kg no changes Russia
15
Blancomet
4233 ₴ /kg no changes Lithuania
16
Ферроком
3319.984 ₴ /kg no changes Russia
17
Aurum Business Trade
3021.092 ₴ /g price up Germany
18
Trauringschmiede Drechsel GmbH
3002.044 ₴ /g price up Germany
19
Compro Oro Roma
2992.308 ₴ /g price up Italy
20
Aurum Business Trade
2977.069 ₴ /g price up Germany
21
Juwelier am Brandenburger Tor
2962.677 ₴ /g price up Germany
22
Ophirum GmbH
2958.444 ₴ /g price up Germany
23
Aankoopoudgoud.be
2953.364 ₴ /g price up Belgium
24
Gold24direct.de
2949.978 ₴ /g price up Germany
25
Gold24direct.de
2945.745 ₴ /g price up Germany
26
Goldankauf Börse
2943.205 ₴ /g price up Germany
27
Juweliyo GmbH
2941.935 ₴ /g price up Germany
28
Ophirum GmbH
2941.512 ₴ /g price up Germany
29
Ophirum GmbH
2937.702 ₴ /g price up Germany
30
Hauptstadtgold
2936.432 ₴ /g price up Germany
31
Trauschmuck Sperling GmbH
2933.892 ₴ /g price up Germany
32
Gold24direct.de
2931.776 ₴ /g price up Germany
33
Menditti Fabrizio
2931.776 ₴ /g price up Italy
34
Gold24direct.de
2926.273 ₴ /g price up Germany
35
Juwelier am Brandenburger Tor
2924.156 ₴ /g price up Germany
36
Ophirum GmbH
2923.733 ₴ /g price up Germany
37
Menditti Gioielli
2922.04 ₴ /g price up Italy
38
Profihotovost
2919.881 ₴ /g price up Czech Republic
39
GOLDhandelshaus.de
2919.077 ₴ /g price up Germany
40
Aranypont Magyarország
2917.384 ₴ /g price up Hungary


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