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.
| # | Buyer | Purchase price | City |
|---|---|---|---|
| 1 |
 |
2514.496
Ft
/kg
|
Praha |
| 2 |
|
2453.423
Ft
/kg
|
Praha |
| 3 |
|
2453.423
Ft
/kg
|
Pardubice |
| 4 |
|
2346.059
Ft
/kg
|
Praha |
| 5 |
|
2254.255
Ft
/kg
|
Brno |
| 6 |
|
2238.695
Ft
/kg
|
Praha |
| 7 |
|
2207.964
Ft
/kg
|
Praha |
| 8 |
|
2146.502
Ft
/kg
|
Praha |
| 9 |
|
2146.502
Ft
/kg
|
Praha |
| 10 |
|
2146.502
Ft
/kg
|
Praha |
| 11 |
|
2069.869
Ft
/kg
|
Pardubice |
| 12 |
|
2069.869
Ft
/kg
|
Pardubice |
| 13 |
|
1226.517
Ft
/kg
|
Praha |
| 14 |
|
1226.517
Ft
/kg
|
Pardubice |
| 15 |
|
996.618
Ft
/kg
|
Praha |
| 16 |
|
965.887
Ft
/kg
|
Praha |
| 17 |
|
919.985
Ft
/kg
|
Praha |
| 18 |
|
919.985
Ft
/kg
|
Praha |
| 19 |
|
874.083
Ft
/kg
|
Pardubice |
| 20 |
|
858.523
Ft
/kg
|
Praha |
| 21 |
|
766.719
Ft
/kg
|
Praha |
| 22 |
|
613.453
Ft
/kg
|
Brno |
| 23 |
|
459.798
Ft
/kg
|
Praha |
| 24 |
|
337.263
Ft
/kg
|
Praha |
| 25 |
|
291.361
Ft
/kg
|
Praha |
| 26 |
|
275.801
Ft
/kg
|
Pardubice |
| 27 |
|
260.63
Ft
/kg
|
Praha |
| 28 |
|
245.459
Ft
/kg
|
Praha |
| 29 |
|
245.07
Ft
/kg
|
Brno |
| 30 |
|
245.07
Ft
/kg
|
Brno |
| 31 |
|
214.339
Ft
/kg
|
Praha |
| 32 |
|
183.997
Ft
/kg
|
Brno |
| 33 |
|
153.266
Ft
/kg
|
Pardubice |
| 34 |
|
|
Olomouc |
| 35 |
|
|
Pardubice |
| 36 |
|
|
Pardubice |
Currency converter
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.