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 |
 |
56.894
kr
/kg
|
Уфа |
| 2 |
|
56.165
kr
/kg
|
Екатеринбург |
| 3 |
|
56.165
kr
/kg
|
Искитим |
| 4 |
|
55.8
kr
/kg
|
Воронеж |
| 5 |
|
55.8
kr
/kg
|
Новосибирск |
| 6 |
|
55.435
kr
/kg
|
Красноярск |
| 7 |
|
55.435
kr
/kg
|
Искитим |
| 8 |
|
55.435
kr
/kg
|
Томск |
| 9 |
|
55.435
kr
/kg
|
Краснодар |
| 10 |
|
55.287
kr
/kg
|
Ростов на Дону |
| 11 |
|
55.22
kr
/kg
|
Чебоксары |
| 12 |
|
55.071
kr
/kg
|
Воронеж |
| 13 |
|
55.071
kr
/kg
|
Томск |
| 14 |
|
54.922
kr
/kg
|
Ростов на Дону |
| 15 |
|
54.706
kr
/kg
|
Чебоксары |
| 16 |
|
54.706
kr
/kg
|
Челябинск |
| 17 |
|
54.706
kr
/kg
|
Томск |
| 18 |
|
54.706
kr
/kg
|
Томск |
| 19 |
|
54.632
kr
/kg
|
Ростов на Дону |
| 20 |
|
54.632
kr
/kg
|
Ростов на Дону |
| 21 |
|
54.342
kr
/kg
|
Ставрополь |
| 22 |
|
54.342
kr
/kg
|
Пятигорск |
| 23 |
|
54.342
kr
/kg
|
Воронеж |
| 24 |
|
54.342
kr
/kg
|
Омск |
| 25 |
|
54.342
kr
/kg
|
Воронеж |
| 26 |
|
54.342
kr
/kg
|
Тамбов |
| 27 |
|
54.342
kr
/kg
|
Краснодар |
| 28 |
|
54.193
kr
/kg
|
Чебоксары |
| 29 |
|
53.977
kr
/kg
|
Новосибирск |
| 30 |
|
53.977
kr
/kg
|
Тюмень |
| 31 |
|
53.977
kr
/kg
|
Искитим |
| 32 |
|
53.903
kr
/kg
|
Ростов на Дону |
| 33 |
|
53.613
kr
/kg
|
Ставрополь |
| 34 |
|
53.613
kr
/kg
|
Пятигорск |
| 35 |
|
53.613
kr
/kg
|
Сургут |
| 36 |
|
53.613
kr
/kg
|
Сургут |
| 37 |
|
53.248
kr
/kg
|
Новосибирск |
| 38 |
|
53.248
kr
/kg
|
Новосибирск |
| 39 |
|
53.248
kr
/kg
|
Сургут |
| 40 |
|
53.248
kr
/kg
|
Сургут |
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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.