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Copper price spike in 2024

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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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# Buyer Purchase price Country
1
Kameliontti Oy
1752 $ /kg no changes Finland
2
Ферратек-Юг
1505.155 $ /kg no changes Russia
3
Petro Metalai
1458.54 $ /kg no changes Lithuania
4
Petro Metalai
1458.54 $ /kg no changes Lithuania
5
Utenos metalai
759.2 $ /kg no changes Lithuania
6
Ферроком
752.58 $ /kg no changes Russia
7
SIA Fero M
730 $ /kg no changes Latvia
8
Blancomet
730 $ /kg no changes Lithuania
9
Kaunakiemis
584 $ /kg no changes Lithuania
10
Kaunakiemis
467.2 $ /kg no changes Lithuania
11
Ферроком
301.032 $ /kg no changes Russia
12
Novitera
292 $ /kg no changes Lithuania
13
Kaunakiemis
292 $ /kg no changes Lithuania
14
Kaunakiemis
292 $ /kg no changes Lithuania
15
Blancomet
146 $ /kg no changes Lithuania
16
Ферроком
120.412 $ /kg no changes Russia
17
Bonner Goldmine
103.66 $ /g price up Germany
18
Trauringschmiede Drechsel GmbH
102.594 $ /g price down Germany
19
Compro Oro Roma
102.229 $ /g price down Italy
20
Gold24direct.de
101.85 $ /g price up Germany
21
Juwelier am Brandenburger Tor
101.718 $ /g price down Germany
22
Hauptstadtgold
101.514 $ /g price up Germany
23
Elias Consulting GmbH
101.339 $ /g price up Germany
24
Aankoopoudgoud.be
101.12 $ /g price down Belgium
25
Ophirum GmbH
100.93 $ /g price down Germany
26
Menditti Fabrizio
100.667 $ /g price down Italy
27
Gold24direct.de
100.506 $ /g price down Germany
28
ANKA Edelmetallhandels- gesellschaft
100.448 $ /g price up Germany
29
Juwelier am Brandenburger Tor
100.404 $ /g price down Germany
30
Den Don Design
100.328 $ /g no changes Bulgaria
31
Goldankauf Börse
100.317 $ /g price down Germany
32
Gold24direct.de
100.258 $ /g price down Germany
33
EMH-Trivero
100.214 $ /g price up Germany
34
Elias Consulting GmbH
100.156 $ /g price up Germany
35
Gold24direct.de
100.127 $ /g price down Germany
36
Juwelier Mere
100.098 $ /g price up Germany
37
Aurum Business Trade
100.068 $ /g price down Germany
38
BV Goudbank Limburg
99.922 $ /g price down Belgium
39
GS-Kraft GmbH
99.864 $ /g price up Germany
40
Menditti Gioielli
99.849 $ /g price down Italy


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