Copper Price History

Latest monthly average (Sep 2026)
$14,474 / tonne
▲ $148.00 (+1.03%) Change vs previous observation (Aug 2026)
  • Monthly average, not real-time
  • Source: World Bank Commodity Price Data (The Pink Sheet) — World Bank monthly average of LME grade A settlement
  • World Bank file updated: Oct 2, 2026
  • Last updated on this site: Oct 4, 2026, 11:17 AM CEST

Chart shows monthly averages.

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Statistics

All-time high
$14,474
Sep 2026
All-time low
$607.00
Jan 1961
52-week high
$14,474
Sep 2026
52-week low
$10,740
Oct 2025
History since
Jan 1960

Based on monthly averages in USD per tonne; daily highs and lows are not available from this source.

Price change over time

PeriodFromToChangePer year
1Y$9,984 Sep 2025$14,474 Sep 2026+44.97%—
5Y$9,325 Sep 2021$14,474 Sep 2026+55.22%+9.19%
10Y$4,722 Sep 2016$14,474 Sep 2026+206.52%+11.85%
20Y$7,602 Sep 2006$14,474 Sep 2026+90.40%+3.27%
Since Jan 1960$715.00 Jan 1960$14,474 Sep 2026+1,924.34%+4.61%

Each change is measured from the last observation on or before the same calendar date 1, 5, 10 or 20 years earlier. "Per year" is the compound annual growth rate. Periods longer than the available history are left out.

Decade by decade

DecadeStartEndChangeHighLow
1960s$715.00$1,700+137.76%$1,907 Apr 1966$607.00 Jan 1961
1970s$1,700$2,214+30.24%$3,032 Apr 1974$918.00 Oct 1972
1980s$2,214$2,419+9.26%$3,499 Dec 1988$1,273 Oct 1984
1990s$2,419$1,765-27.04%$3,076 Jul 1995$1,378 Mar 1999
2000s$1,765$6,982+295.58%$8,685 Apr 2008$1,377 Oct 2001
2010s$6,982$6,077-12.96%$9,868 Feb 2011$4,472 Jan 2016
2020s (partial)$6,077$14,474+138.18%$14,474 Sep 2026$5,058 Apr 2020

Start = last value of the previous decade (or the first available value). Partial decades are marked.

Annual price history

YearAverageHighLowLastYear change
2026 (partial)$13,431$14,474$12,529$14,474+22.82%
2025$9,947$11,785$8,991$11,785+32.18%
2024$9,142$10,139$8,305$8,916+6.14%
2023$8,490$9,038$7,937$8,400+0.30%
2022$8,822$10,231$7,545$8,375-12.31%
2021$9,317$10,162$7,972$9,551+22.89%
2020$6,174$7,772$5,058$7,772+27.89%
2019$6,010$6,439$5,709$6,077+0.03%
2018$6,530$7,066$6,051$6,075-11.11%
2017$6,170$6,834$5,600$6,834+20.74%
2016$4,868$5,660$4,472$5,660+22.01%
2015$5,511$6,295$4,639$4,639-28.03%
2014$6,863$7,291$6,446$6,446-10.66%
2013$7,332$8,061$6,907$7,215-9.43%
2012$7,962$8,471$7,423$7,966+5.30%
2011$8,828$9,868$7,394$7,565-17.30%
2010$7,535$9,147$6,499$9,147+31.01%
2009$5,150$6,982$3,221$6,982+127.28%
2008$6,956$8,685$3,072$3,072-53.37%
2007$7,118$8,008$5,670$6,588-1.30%
2006$6,722$8,046$4,734$6,675+45.84%
2005$3,679$4,577$3,170$4,577+45.53%
2004$2,866$3,145$2,424$3,145+42.89%
2003$1,779$2,201$1,587$2,201+37.91%
2002$1,560$1,648$1,479$1,596+8.42%
2001$1,578$1,788$1,377$1,472-20.48%
2000$1,814$1,960$1,679$1,851+4.87%
1999$1,573$1,765$1,378$1,765+19.74%
1998$1,654$1,801$1,474$1,474-16.35%
1997$2,277$2,613$1,762$1,762-22.31%
1996$2,295$2,658$1,941$2,268-22.49%
1995$2,936$3,076$2,773$2,926-1.98%
1994$2,307$2,985$1,805$2,985+73.14%
1993$1,913$2,257$1,630$1,724-21.88%
1992$2,281$2,522$2,139$2,207-0.72%
1991$2,339$2,472$2,219$2,223-10.54%
1990$2,662$3,031$2,360$2,485+2.73%
1989$2,848$3,394$2,419$2,419-30.87%
1988$2,602$3,499$2,201$3,499+21.96%
1987$1,783$2,869$1,346$2,869+114.75%
1986$1,374$1,445$1,303$1,336-3.95%
1985$1,418$1,531$1,359$1,391+5.30%
1984$1,378$1,533$1,273$1,321-6.64%
1983$1,592$1,766$1,389$1,415-3.94%
1982$1,481$1,611$1,300$1,473-11.00%
1981$1,742$1,869$1,651$1,655-11.92%
1980$2,182$2,918$1,879$1,879-15.13%
1979$1,985$2,214$1,659$2,214+44.42%
1978$1,365$1,533$1,217$1,533+21.57%
1977$1,309$1,515$1,160$1,261-2.02%
1976$1,401$1,647$1,193$1,287+11.82%
1975$1,235$1,344$1,151$1,151-10.71%
1974$2,059$3,032$1,289$1,289-42.56%
1973$1,785$2,273$1,119$2,244+119.14%
1972$1,058$1,133$918.00$1,024-1.35%
1971$1,081$1,252$1,010$1,038-0.76%
1970$1,416$1,754$1,046$1,046-38.47%
1969$1,467$1,700$1,256$1,700+43.46%
1968$1,242$1,720$1,054$1,185-10.50%
1967$1,135$1,444$995.00$1,324+8.97%
1966$1,532$1,907$1,128$1,215-19.96%
1965$1,293$1,518$1,001$1,518+19.62%
1964$969.67$1,400$656.00$1,269+95.23%
1963$646.33$650.00$646.00$650.00+0.62%
1962$645.42$648.00$635.00$646.00+1.73%
1961$633.00$668.00$607.00$635.00-0.31%
1960$678.75$728.00$613.00$637.00—

About this price

Copper is the benchmark industrial metal, used in power cables, buildings, electronics and electric vehicles. Because demand follows construction and manufacturing, its price history is often read as a gauge of global economic activity.

Long upswings in copper have tended to coincide with periods of fast industrial growth and long downturns with recessions, which makes the decade table below a compact summary of the world economy.

Data notes

World Bank monthly averages of the London Metal Exchange (LME) grade A settlement price, quoted per metric tonne. Per-kg and per-lb values are exact unit conversions (1 lb = 0.45359237 kg).

Source: World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0. Licence per World Bank Data Catalog (dataset 0038238): Creative Commons Attribution 4.0.

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