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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 LME

# Buyer Purchase price Country

1
3189.411 Ft /kg Poland

2
3135.34 Ft /kg Poland

3
3112 Ft /kg Lithuania

4
3112 Ft /kg Belgium

5
3063.375 Ft /kg Poland

6
3054.428 Ft /kg Poland

7
3036.534 Ft /kg Poland

8
3034.2 Ft /kg Netherlands

9
3027.587 Ft /kg Poland

10
3018.64 Ft /kg Poland

11
3014.75 Ft /kg Germany

12
3000.746 Ft /kg Poland

13
2995.3 Ft /kg Germany

14
2995.3 Ft /kg Netherlands

15
2995.3 Ft /kg Germany

16
2964.569 Ft /kg Poland

17
2956.4 Ft /kg Spain

18
2956.4 Ft /kg Lithuania

19
2955.622 Ft /kg Poland

20
2919.834 Ft /kg Poland

21
2917.5 Ft /kg Lithuania

22
2917.5 Ft /kg Italy

23
2917.5 Ft /kg Netherlands

24
2917.5 Ft /kg Germany

25
2908.553 Ft /kg Turkey

26
2901.94 Ft /kg Poland

27
2898.439 Ft /kg Russia

28
2898.439 Ft /kg Russia

29
2883.657 Ft /kg Poland

30
2879.378 Ft /kg Russia

31
2878.6 Ft /kg Estonia

32
2878.6 Ft /kg Germany

33
2878.6 Ft /kg Germany

34
PHU Metal Marcin Pomian
2875.877 Ft /kg Poland

35
2874.71 Ft /kg Poland

36
2874.71 Ft /kg Poland

37
2874.71 Ft /kg Poland

38
2874.71 Ft /kg Poland

39
2874.71 Ft /kg Poland

40
2870.82 Ft /kg Belgium

#	Purchase price	Country
1	3189.411 Ft /kg	Poland
2	3135.34 Ft /kg	Poland
3	3112 Ft /kg	Lithuania
4	3112 Ft /kg	Belgium
5	3063.375 Ft /kg	Poland
6	3054.428 Ft /kg	Poland
7	3036.534 Ft /kg	Poland
8	3034.2 Ft /kg	Netherlands
9	3027.587 Ft /kg	Poland
10	3018.64 Ft /kg	Poland
11	3014.75 Ft /kg	Germany
12	3000.746 Ft /kg	Poland
13	2995.3 Ft /kg	Germany
14	2995.3 Ft /kg	Netherlands
15	2995.3 Ft /kg	Germany

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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	2964.569 Ft /kg	Poland
17	2956.4 Ft /kg	Spain
18	2956.4 Ft /kg	Lithuania
19	2955.622 Ft /kg	Poland
20	2919.834 Ft /kg	Poland
21	2917.5 Ft /kg	Lithuania
22	2917.5 Ft /kg	Italy
23	2917.5 Ft /kg	Netherlands
24	2917.5 Ft /kg	Germany
25	2908.553 Ft /kg	Turkey
26	2901.94 Ft /kg	Poland
27	2898.439 Ft /kg	Russia
28	2898.439 Ft /kg	Russia
29	2883.657 Ft /kg	Poland
30	2879.378 Ft /kg	Russia

31		2878.6 Ft /kg	Estonia
32		2878.6 Ft /kg	Germany
33		2878.6 Ft /kg	Germany
34	PHU Metal Marcin Pomian	2875.877 Ft /kg	Poland
35		2874.71 Ft /kg	Poland
36		2874.71 Ft /kg	Poland
37		2874.71 Ft /kg	Poland
38		2874.71 Ft /kg	Poland
39		2874.71 Ft /kg	Poland
40		2870.82 Ft /kg	Belgium

Scrap copper prices

Copper price spike in 2024