Question 1

What is the copper price today?

Accepted Answer

The current copper price is shown live at the top of this page in USD per pound (COMEX standard). To get the price per metric tonne (LME standard), multiply by 2,204.62. The price updates in real-time.

Question 2

What is copper price per pound today?

Accepted Answer

The live copper price per pound is displayed above. Copper is primarily traded on COMEX in USD per pound. The price fluctuates based on Chinese industrial demand, global manufacturing activity, and supply from Chilean and Peruvian mines.

Question 3

What drives the copper price?

Accepted Answer

The main copper price drivers are: (1) China — China consumes ~55% of global copper and is the single biggest price driver; (2) Global manufacturing PMI — when factories are running hot, copper demand rises; (3) Electric vehicle adoption — EVs use 3-4x more copper than combustion engines, creating a long-term demand growth story; (4) Green energy infrastructure — solar, wind, and grid upgrades all require massive copper; (5) Chilean/Peruvian supply disruptions.

Question 4

What is the copper price per kg?

Accepted Answer

The copper price per kilogram is calculated by dividing the per-pound price by 0.453592 (or multiplying by 2.20462). The current price per kg is shown in the price grid above.

Question 5

What is the LME copper price vs COMEX?

Accepted Answer

The LME (London Metal Exchange) quotes copper in USD per metric tonne, while COMEX (New York) quotes in USD per pound. To convert: LME price ÷ 2,204.62 = COMEX price per pound. LME is the global benchmark; COMEX is primarily used in North America. Both prices are usually within a few cents of each other when normalized.

Question 6

Is copper a good investment?

Accepted Answer

Copper has strong long-term fundamentals due to the energy transition: the electrification of transport and power grids requires enormous copper quantities. The International Energy Agency projects copper demand could increase 2-3× by 2040 under a net-zero scenario. However, copper is highly cyclical and sensitive to Chinese economic slowdowns.

Question 7

What is worth of copper per gram?

Accepted Answer

Since copper is priced per pound, the price per gram is very small. At $4/lb copper, one gram of copper is worth approximately $0.0088 USD (less than 1 cent). Copper scrapping is profitable only in volume — you need thousands of pounds to make meaningful money. The price per gram is shown in the table above.

Copper Price Today