Copper futures traded around $6.1 per pound on Wednesday after tumbling more than 3% in the previous session, pressured by a stronger dollar amid hawkish expectations for Federal Reserve policy. At its latest policy meeting, Fed officials left interest rates unchanged but signaled increasing support for future rate hikes, while new Fed Chair Kevin Warsh reaffirmed his commitment to restoring price stability. A stronger dollar makes dollar-denominated commodities such as copper more expensive for holders of other currencies, while the prospect of higher borrowing costs clouds the outlook for global growth and industrial metals demand. Meanwhile, analysts noted that weakness in China’s traditional copper-consuming sectors has only been partly offset by resilient demand from renewable energy, energy storage, and electronics industries.

Copper rose to 5.98 USD/Lbs on June 25, 2026, up 0.66% from the previous day. Over the past month, Copper's price has fallen 6.04%, but it is still 18.00% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Copper reached an all time high of 6.67 in June of 2026. Copper - data, forecasts, historical chart - was last updated on June 25 of 2026.

Copper rose to 5.98 USD/Lbs on June 25, 2026, up 0.66% from the previous day. Over the past month, Copper's price has fallen 6.04%, but it is still 18.00% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper is expected to trade at 6.35 USd/LB by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7.13 in 12 months time.



Price Day Month Year Date
Gold 3,991.71 -7.89 -0.20% -11.50% 19.93% Jun/25
Silver 57.32 -0.041 -0.07% -25.51% 56.35% Jun/25
Copper 5.97 0.0297 0.50% -6.19% 17.81% Jun/25
Steel 3,082.00 10.00 0.33% -3.36% 4.58% Jun/24
Lithium 157,500.00 -1000 -0.63% -14.05% 161.63% Jun/24
Platinum 1,574.80 -7.10 -0.45% -19.31% 12.20% Jun/25
Iron Ore 100.52 -0.01 -0.01% -8.00% 6.35% Jun/24



Related Last Previous Unit Reference
Chile Copper Production 399.95 434.49 Thousands of Tonnes Apr 2026
Peru Copper Production 223263.00 226256.00 Tonnes Feb 2026

Copper
Copper is one of the most widely used industrial metals in the world and is closely monitored as a barometer of global economic activity. It plays a critical role in construction, electronics, power generation, and renewable energy systems, making its price sensitive to changes in industrial demand and economic growth. Copper futures are actively traded on major exchanges, including the London Metal Exchange (LME) and the COMEX. Standard contracts typically represent 25,000 pounds of copper. On the supply side, Chile accounts for the largest share of global copper mining, followed by Democratic Republic of the Congo, Peru, China, and the United States. Major consumers and importers of copper include China, Japan, India, South Korea, and Germany. Copper prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
5.98 5.94 6.67 0.60 1988 - 2026 USd/LB Daily

News Stream
Copper traded below 6 USD/Lbs
Copper decreased below 6, according to trading on a contract for difference (CFD).
2026-06-24
Copper Holds Decline as Dollar Strengthens
Copper futures traded around $6.1 per pound on Wednesday after tumbling more than 3% in the previous session, pressured by a stronger dollar amid hawkish expectations for Federal Reserve policy. At its latest policy meeting, Fed officials left interest rates unchanged but signaled increasing support for future rate hikes, while new Fed Chair Kevin Warsh reaffirmed his commitment to restoring price stability. A stronger dollar makes dollar-denominated commodities such as copper more expensive for holders of other currencies, while the prospect of higher borrowing costs clouds the outlook for global growth and industrial metals demand. Meanwhile, analysts noted that weakness in China’s traditional copper-consuming sectors has only been partly offset by resilient demand from renewable energy, energy storage, and electronics industries.
2026-06-24
Copper is down by 2%
Copper decreased 2% to 6.2292 USD/Lbs
2026-06-23