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 | Comments | City |
|---|---|---|---|---|
| 1 |
 |
7.285
€
/kg
|
Millberry Tyk min 1,2 mm | Silkeborg |
| 2 |
|
7.184
€
/kg
|
Millberry Tynd | Silkeborg |
| 3 |
|
7.184
€
/kg
|
El kobber | Silkeborg |
| 4 |
|
7.124
€
/kg
|
Milberry blankt (Under 100 kg) | Kolding |
| 5 |
|
7.11
€
/kg
|
Luft kobber - under 100 kg | Silkeborg |
| 6 |
|
7.103
€
/kg
|
Nyt kobber | Silkeborg |
| 7 |
|
6.714
€
/kg
|
Gl. Kobber - under 100 kg | Silkeborg |
| 8 |
|
3.871
€
/kg
|
Kobber m plast - under 100 kg | Silkeborg |
| 9 |
|
3.629
€
/kg
|
Kobber / messing køler - under 100 kg | Silkeborg |
| 10 |
|
2.964
€
/kg
|
Alu / Kobber køler | Silkeborg |
| 11 |
|
2.957
€
/kg
|
Alu / kobber kølere (Under 100 kg) | Kolding |
| 12 |
|
2.661
€
/kg
|
Alu / Kobber køler m FE - under 100 kg | Silkeborg |
| 13 |
|
2.634
€
/kg
|
CU kabel 50% nr1 - under 100 kg | Silkeborg |
| 14 |
|
2.151
€
/kg
|
Kobber kabel 38%CU - under 100 kg | Silkeborg |
| 15 |
|
1.546
€
/kg
|
Jordkabel CU tyk o3,5 cm- under 100 kg | Silkeborg |
| 16 |
|
1.344
€
/kg
|
Jern/plast kabel CU - under 100 kg | Silkeborg |
| 17 |
|
0.672
€
/kg
|
El-motor under 500 kg (Under 100 kg) | Kolding |
| 18 |
|
0.672
€
/kg
|
Jordkabel CU tynd u3,5 cm - under 100 kg | Silkeborg |
| 19 |
|
0.349
€
/kg
|
Kompressor uden olie | Silkeborg |
| 20 |
|
0.336
€
/kg
|
Elektro motor m gear - under 100 kg | Silkeborg |
| 21 |
|
|
kobber skrot | Skive |
| 22 |
|
|
elmotorer skrot | Skive |
| 23 |
|
|
El-motor over 500 kg (Under 100 kg) | Kolding |
| 24 |
|
|
Kobber kabel (Under 100 kg) | Kolding |
| 25 |
|
|
Kobber (Under 100 kg) | Kolding |
| 26 |
|
|
Elektro motor u gear - under 100 kg | Silkeborg |
| 27 |
|
|
Motor kobber - under 100 kg | Silkeborg |
| 28 |
|
|
Stik kabel - under 100 kg | Silkeborg |
| 29 |
|
|
Elektro motor over 500 kg | Silkeborg |
| 30 |
|
|
Kompressor m/olie | Silkeborg |
| 31 |
|
|
Millberry (Under 200kg) | Skælskør |
| 32 |
|
|
Elektrolyt kobber (Under 200kg) | Skælskør |
| 33 |
|
|
Nyt kobber (Under 200kg) | Skælskør |
| 34 |
|
|
Gl. kobber (Under 200kg) | Skælskør |
| 35 |
|
|
Rødgods (Under 200kg) | Skælskør |
| 36 |
|
|
Rødgods spån (Under 200kg) | Skælskør |
| 37 |
|
|
Alu/Kobber køler (Under 200kg) | Skælskør |
| 38 |
|
|
Alu/Kobber køler m jern (Under 200kg) | Skælskør |
| 39 |
|
|
Kobber kabel 38%CU (Under 200kg) | Skælskør |
| 40 |
|
|
Kobber kabel 45-50% (Under 200kg) | Skælskør |
Currency converter
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.