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Copper price spike in 2024

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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TOP 20

# Buyer Purchase price Address

1
6.8 € /kg Savi 37

2
4.7 € /kg Savi 37

3
4.35 € /kg Savi 37

4
1.77 € /kg Savi 37

5
1.29 € /kg Savi 37

6
1.25 € /kg Savi 37

7
1.22 € /kg Savi 37

8
0.805 € /kg Savi 37

9
0.62 € /kg Savi 37

10
0.41 € /kg Savi 37

11
0.33 € /kg Savi 37

12
0.235 € /kg Savi 37

13
0.235 € /kg Savi 37

14
0.215 € /kg Savi 37

15
Savi 37

16
Savi 22

17
Savi 22

18
Savi 22

19
Savi 22

20
Savi 22

21
Savi 22

22
Savi 22

23
Savi 22

24
Savi 22

25
Savi 22

#	Purchase price	Address
1	6.8 € /kg	Savi 37
2	4.7 € /kg	Savi 37
3	4.35 € /kg	Savi 37
4	1.77 € /kg	Savi 37
5	1.29 € /kg	Savi 37
6	1.25 € /kg	Savi 37
7	1.22 € /kg	Savi 37
8	0.805 € /kg	Savi 37
9	0.62 € /kg	Savi 37
10	0.41 € /kg	Savi 37
11	0.33 € /kg	Savi 37
12	0.235 € /kg	Savi 37
13	0.235 € /kg	Savi 37
14	0.215 € /kg	Savi 37
15		Savi 37

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25			Savi 22

, Estonia, Pärnu

Copper price spike in 2024