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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.

All types

TOP 20 LME

# Buyer Purchase price Country

1
30.515 p. /kg Germany

2
30.264 p. /kg Poland

3
29.847 p. /kg Poland

4
29.847 p. /kg Poland

5
29.797 p. /kg Germany

6
29.438 p. /kg Germany

7
29.434 p. /kg Poland

8
29.377 p. /kg Turkey

9
29.377 p. /kg Turkey

10
29.377 p. /kg Turkey

11
29.366 p. /kg Germany

12
29.366 p. /kg Germany

13
29.266 p. /kg Poland

14
29.187 p. /kg Germany

15
29.183 p. /kg Poland

16
29.018 p. /kg Poland

17
28.935 p. /kg Poland

18
28.72 p. /kg Germany

19
28.72 p. /kg Germany

20
28.72 p. /kg Lithuania

21
28.72 p. /kg Belgium

22
28.684 p. /kg Germany

23
28.558 p. /kg United Kingdom

24
28.523 p. /kg Poland

25
28.458 p. /kg Romania

26
28.361 p. /kg Germany

27
28.271 p. /kg Poland

28
28.189 p. /kg Poland

29
28.189 p. /kg Poland

30
28.189 p. /kg Poland

31
28.189 p. /kg Poland

32
28.189 p. /kg Poland

33
28.189 p. /kg Poland

34
28.189 p. /kg Poland

35
28.106 p. /kg Poland

36
28.074 p. /kg Estonia

37
28.074 p. /kg Germany

38
28.024 p. /kg Poland

39
28.02 p. /kg Estonia

40
28.002 p. /kg Germany

#	Purchase price	Country
1	30.515 p. /kg	Germany
2	30.264 p. /kg	Poland
3	29.847 p. /kg	Poland
4	29.847 p. /kg	Poland
5	29.797 p. /kg	Germany
6	29.438 p. /kg	Germany
7	29.434 p. /kg	Poland
8	29.377 p. /kg	Turkey
9	29.377 p. /kg	Turkey
10	29.377 p. /kg	Turkey
11	29.366 p. /kg	Germany
12	29.366 p. /kg	Germany
13	29.266 p. /kg	Poland
14	29.187 p. /kg	Germany
15	29.183 p. /kg	Poland

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COPPER PURCHASING – is financially beneficial. There are plenty of metal buyers in every major city where you can easily sell copper or any other unnecessary items which contain copper. The purchase prices depend on the buyer’s pricing policy, type or quantity and it is also influenced by global metal exchanges. Depending on the supply and demand, the price of copper on exchanges often fluctuates too. In the event of changes in stock exchanges, recyclers of this metal react accordingly by adjusting the purchase prices of copper to the buyers.

16	29.018 p. /kg	Poland
17	28.935 p. /kg	Poland
18	28.72 p. /kg	Germany
19	28.72 p. /kg	Germany
20	28.72 p. /kg	Lithuania
21	28.72 p. /kg	Belgium
22	28.684 p. /kg	Germany
23	28.558 p. /kg	United Kingdom
24	28.523 p. /kg	Poland
25	28.458 p. /kg	Romania
26	28.361 p. /kg	Germany
27	28.271 p. /kg	Poland
28	28.189 p. /kg	Poland
29	28.189 p. /kg	Poland
30	28.189 p. /kg	Poland

Scrap copper prices

Copper price spike in 2024