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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.

All types

TOP 20 LME

# Buyer Purchase price Country

1
3306.5 Ft /kg Germany

2
3288.217 Ft /kg Poland

3
3287.05 Ft /kg Belgium

4
3279.27 Ft /kg Poland

5
3234.146 Ft /kg Poland

6
3234.146 Ft /kg Poland

7
3228.7 Ft /kg Italy

8
3228.7 Ft /kg Germany

9
3207.305 Ft /kg Poland

10
3189.8 Ft /kg Germany

11
3189.8 Ft /kg Germany

12
3189.411 Ft /kg Poland

13
3183.187 Ft /kg Turkey

14
3183.187 Ft /kg Turkey

15
3183.187 Ft /kg Turkey

16
3182.02 Ft /kg Germany

17
3182.02 Ft /kg Germany

18
3171.128 Ft /kg Poland

19
3162.57 Ft /kg Germany

20
3162.181 Ft /kg Poland

21
3144.287 Ft /kg Poland

22
3135.34 Ft /kg Poland

23
3112 Ft /kg Lithuania

24
3112 Ft /kg Netherlands

25
3112 Ft /kg Netherlands

26
3112 Ft /kg Germany

27
3112 Ft /kg France

28
3112 Ft /kg Germany

29
3112 Ft /kg Germany

30
3112 Ft /kg Lithuania

31
3108.11 Ft /kg Germany

32
3094.495 Ft /kg United Kingdom

33
3090.605 Ft /kg Poland

34
3083.603 Ft /kg Romania

35
3073.1 Ft /kg Germany

36
3063.375 Ft /kg Poland

37
3054.428 Ft /kg Poland

38
3054.428 Ft /kg Poland

39
3054.428 Ft /kg Poland

40
3054.428 Ft /kg Poland

#	Purchase price	Country
1	3306.5 Ft /kg	Germany
2	3288.217 Ft /kg	Poland
3	3287.05 Ft /kg	Belgium
4	3279.27 Ft /kg	Poland
5	3234.146 Ft /kg	Poland
6	3234.146 Ft /kg	Poland
7	3228.7 Ft /kg	Italy
8	3228.7 Ft /kg	Germany
9	3207.305 Ft /kg	Poland
10	3189.8 Ft /kg	Germany
11	3189.8 Ft /kg	Germany
12	3189.411 Ft /kg	Poland
13	3183.187 Ft /kg	Turkey
14	3183.187 Ft /kg	Turkey
15	3183.187 Ft /kg	Turkey

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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.

16	3182.02 Ft /kg	Germany
17	3182.02 Ft /kg	Germany
18	3171.128 Ft /kg	Poland
19	3162.57 Ft /kg	Germany
20	3162.181 Ft /kg	Poland
21	3144.287 Ft /kg	Poland
22	3135.34 Ft /kg	Poland
23	3112 Ft /kg	Lithuania
24	3112 Ft /kg	Netherlands
25	3112 Ft /kg	Netherlands
26	3112 Ft /kg	Germany
27	3112 Ft /kg	France
28	3112 Ft /kg	Germany
29	3112 Ft /kg	Germany
30	3112 Ft /kg	Lithuania

31	3108.11 Ft /kg	Germany
32	3094.495 Ft /kg	United Kingdom
33	3090.605 Ft /kg	Poland
34	3083.603 Ft /kg	Romania
35	3073.1 Ft /kg	Germany
36	3063.375 Ft /kg	Poland
37	3054.428 Ft /kg	Poland
38	3054.428 Ft /kg	Poland
39	3054.428 Ft /kg	Poland
40	3054.428 Ft /kg	Poland

Scrap copper prices

Copper price spike in 2024