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Copper

USD / lb

$6.55
▲ +1.08%
Updated just now

About Copper

Copper is often called 'Dr. Copper' because its price is considered a reliable leading indicator of global economic health. It is essential for electricity transmission, construction, and manufacturing. The energy transition — EVs, wind turbines, power grids — is projected to significantly increase long-term copper demand.

Key Uses

▶Electrical wiring and cables (≈65%)
▶Construction — plumbing and roofing
▶Electric vehicles (EVs use 4× more copper than ICE cars)
▶Renewable energy infrastructure
▶Industrial machinery

Price Drivers

1China's economic activity (largest consumer, ≈55% of demand)
2Energy transition pace (EVs and renewables)
3Mining supply from Chile and Peru
4US dollar strength
5Global manufacturing PMI

Other Commodities

Live Snapshot
Price$6.55
Change+1.08%
UnitUSD / lb
SymbolCOPPER
Refreshedevery 60s
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