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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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Austria | Azerbaijan | Belarus | Belgium | Brazil | Bulgaria | Canada | China | Czech Republic | Denmark | Estonia | Finland | France | Germany | Greece | Hungary | India | Ireland | Italy | Japan | Latvia | Lithuania | Netherlands | Norway | Pakistan | Poland | Portugal | Romania | Russia | Spain | Sweden | Turkey | Ukraine | United Kingdom | USA | All countries

# Buyer Purchase price Country
1
Kameliontti Oy
1056 £ /kg no changes Finland
2
Petro Metalai
879.12 £ /kg no changes Lithuania
3
Petro Metalai
879.12 £ /kg no changes Lithuania
4
Ферратек-Юг
862.745 £ /kg no changes Russia
5
Utenos metalai
457.6 £ /kg no changes Lithuania
6
Blancomet
440 £ /kg no changes Lithuania
7
SIA Fero M
440 £ /kg no changes Latvia
8
Ферроком
431.374 £ /kg no changes Russia
9
Kaunakiemis
352 £ /kg no changes Lithuania
10
Kaunakiemis
281.6 £ /kg no changes Lithuania
11
Novitera
176 £ /kg no changes Lithuania
12
Kaunakiemis
176 £ /kg no changes Lithuania
13
Kaunakiemis
176 £ /kg price down Lithuania
14
Ферроком
172.55 £ /kg no changes Russia
15
Blancomet
88 £ /kg no changes Lithuania
16
Ферроком
69.019 £ /kg no changes Russia
17
Aurum Business Trade
62.806 £ /g price up Germany
18
Trauringschmiede Drechsel GmbH
62.41 £ /g price up Germany
19
Compro Oro Roma
62.207 £ /g price up Italy
20
Aurum Business Trade
61.89 £ /g price up Germany
21
Juwelier am Brandenburger Tor
61.591 £ /g price up Germany
22
Ophirum GmbH
61.503 £ /g price up Germany
23
Aankoopoudgoud.be
61.398 £ /g price up Belgium
24
Gold24direct.de
61.327 £ /g price up Germany
25
Gold24direct.de
61.239 £ /g price up Germany
26
Goldankauf Börse
61.186 £ /g price up Germany
27
Juweliyo GmbH
61.16 £ /g price up Germany
28
Ophirum GmbH
61.151 £ /g price up Germany
29
Ophirum GmbH
61.072 £ /g price up Germany
30
Hauptstadtgold
61.046 £ /g price up Germany
31
Trauschmuck Sperling GmbH
60.993 £ /g price up Germany
32
Gold24direct.de
60.949 £ /g price up Germany
33
Menditti Fabrizio
60.949 £ /g price up Italy
34
Gold24direct.de
60.834 £ /g price up Germany
35
Juwelier am Brandenburger Tor
60.79 £ /g price up Germany
36
Ophirum GmbH
60.782 £ /g price up Germany
37
Menditti Gioielli
60.746 £ /g price up Italy
38
Profihotovost
60.702 £ /g price up Czech Republic
39
GOLDhandelshaus.de
60.685 £ /g price up Germany
40
Aranypont Magyarország
60.65 £ /g price up Hungary


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