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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
3345.4 Ft /kg Germany

2
3314.28 Ft /kg Germany

3
3294.83 Ft /kg Germany

4
3292.885 Ft /kg Turkey

5
3292.885 Ft /kg Turkey

6
3292.885 Ft /kg Turkey

7
3287.05 Ft /kg Belgium

8
3264.488 Ft /kg Poland

9
3246.205 Ft /kg Poland

10
3237.258 Ft /kg Poland

11
3237.258 Ft /kg Poland

12
3228.7 Ft /kg Germany

13
3228.7 Ft /kg Italy

14
3220.92 Ft /kg Germany

15
3218.975 Ft /kg Poland

16
3218.975 Ft /kg Poland

17
3209.25 Ft /kg Germany

18
3208.083 Ft /kg Russia

19
3200.692 Ft /kg Poland

20
3189.8 Ft /kg Estonia

21
3189.8 Ft /kg Germany

22
3189.8 Ft /kg Estonia

23
3189.8 Ft /kg Estonia

24
3189.8 Ft /kg Germany

25
3183.187 Ft /kg Turkey

26
3183.187 Ft /kg Turkey

27
3183.187 Ft /kg Turkey

28
3182.798 Ft /kg Poland

29
3173.462 Ft /kg Poland

30
3173.462 Ft /kg Poland

31
3170.35 Ft /kg Lithuania

32
3162.57 Ft /kg Romania

33
3162.57 Ft /kg Romania

34
3155.568 Ft /kg Poland

35
3150.9 Ft /kg Germany

36
3150.9 Ft /kg Spain

37
3150.9 Ft /kg Estonia

38
3128.338 Ft /kg Poland

39
3128.338 Ft /kg Poland

40
3128.338 Ft /kg Poland

#	Purchase price	Country
1	3345.4 Ft /kg	Germany
2	3314.28 Ft /kg	Germany
3	3294.83 Ft /kg	Germany
4	3292.885 Ft /kg	Turkey
5	3292.885 Ft /kg	Turkey
6	3292.885 Ft /kg	Turkey
7	3287.05 Ft /kg	Belgium
8	3264.488 Ft /kg	Poland
9	3246.205 Ft /kg	Poland
10	3237.258 Ft /kg	Poland
11	3237.258 Ft /kg	Poland
12	3228.7 Ft /kg	Germany
13	3228.7 Ft /kg	Italy
14	3220.92 Ft /kg	Germany
15	3218.975 Ft /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	3218.975 Ft /kg	Poland
17	3209.25 Ft /kg	Germany
18	3208.083 Ft /kg	Russia
19	3200.692 Ft /kg	Poland
20	3189.8 Ft /kg	Estonia
21	3189.8 Ft /kg	Germany
22	3189.8 Ft /kg	Estonia
23	3189.8 Ft /kg	Estonia
24	3189.8 Ft /kg	Germany
25	3183.187 Ft /kg	Turkey
26	3183.187 Ft /kg	Turkey
27	3183.187 Ft /kg	Turkey
28	3182.798 Ft /kg	Poland
29	3173.462 Ft /kg	Poland
30	3173.462 Ft /kg	Poland

31	3170.35 Ft /kg	Lithuania
32	3162.57 Ft /kg	Romania
33	3162.57 Ft /kg	Romania
34	3155.568 Ft /kg	Poland
35	3150.9 Ft /kg	Germany
36	3150.9 Ft /kg	Spain
37	3150.9 Ft /kg	Estonia
38	3128.338 Ft /kg	Poland
39	3128.338 Ft /kg	Poland
40	3128.338 Ft /kg	Poland

Scrap copper prices

Copper price spike in 2024