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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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TOP 20 LME
Canada | Czech Republic | Estonia | Finland | Germany | Greece | Italy | Japan | Latvia | Lithuania | Netherlands | Poland | Russia | USA | All countries

# Buyer Purchase price Comments Country
1
F.H. Alu-Met
1.389 € /kg no changes Alternatory samochodowe Poland
2
Mercato Metalli S.r.l.
1.35 € /kg no changes ALTERNATORI Italy
3
SIA Fero M
1.3 € /kg no changes Auto ģenerātori Latvia
4
T.K.J. Matuszewski
1.226 € /kg no changes Alternatory Poland
5
EMP Recycling
1.2 € /kg no changes Generatoriai iš automobilių Lithuania
6
AMETEKS SIA
1.2 € /kg no changes Auto ģeneratori Latvia
7
EMP Recycling
1.2 € /kg no changes Generatoriai iš automobilių Lithuania
8
EMP Recycling
1.2 € /kg price up Generatoriai iš automobilių Lithuania
9
EMP Recycling
1.2 € /kg price up Generatoriai iš automobilių Lithuania
10
EMP Recycling
1.2 € /kg price up Generatoriai iš automobilių Lithuania
11
Metalbee
1.2 € /kg no changes Auto ģeneratori Latvia
12
Bemostal
1.158 € /kg no changes Alternatory Poland
13
Ferryt
1.158 € /kg no changes Alternatory - do 100 kg Poland
14
Złomostal
1.158 € /kg no changes Alternatory Poland
15
VEKTRA M. Kaszuba Sp. k.
1.157 € /kg price down Alternatory Poland
16
P.P.H.U. Kubuś
1.157 € /kg no changes Alternatory Poland
17
Tolmets Kurzeme
1.1 € /kg no changes Ģeneratori ar vara tinumu Latvia
18
SIA Tolmets Kurzeme
1.1 € /kg price up Ģeneratori ar vara tinumu Latvia
19
Metalų komercija
1.07 € /kg no changes Automobilių generatoriai Lithuania
20
Eco-Center
1.042 € /kg price down Alternatory Poland
21
TAP
1.042 € /kg no changes Alternatory Poland
22
METALSKUP
1.042 € /kg no changes Alternatory Poland
23
STAL Nowicki Sp. j.
1.042 € /kg no changes Alternatory Poland
24
PW Jax Krzysztof Pyzik Sp.J.
1.042 € /kg no changes Alternatory Poland
25
Wtór - Steel
1.042 € /kg no changes Złom alternatorów Poland
26
Trans-Met FHU
1.019 € /kg no changes Alternatory Poland
27
Trans-Met FHU
1.019 € /kg no changes Alternatory Poland
28
Trans-Met FHU
1.019 € /kg price up Alternatory Poland
29
UAB Kuusamet
1 € /kg price up Automobilių generatoriai Lithuania
30
Novitera
1 € /kg price up Generatoriai (mažmeninė kaina) Lithuania
31
UAB Metruna
1.000 € /kg no changes Automobilių generatoriai Lithuania
32
Pranmetal
0.97 € /kg price up Generatoriai Lithuania
33
Kaunakiemis
0.9 € /kg no changes Automobilių generatoriai Lithuania
34
UAB BG Logistics
0.9 € /kg no changes Automobilių generatorių laužas Lithuania
35
Ekspauta
0.9 € /kg no changes Generatoriai automobiliniai Lithuania
36
Sezam
0.88 € /kg no changes Alternatory Poland
37
Cajdašrot s.r.o.
0.871 € /kg no changes Alternátory Czech Republic
38
Regmetas
0.85 € /kg price up generatoriai Lithuania
39
Cronimet
0.8 € /kg price down Generaatorid Estonia
40
株式会社 大畑商事
0.793 € /kg no changes ダイナモ(オルタネーター) 美品 Japan


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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.