World Copper Price

[maximus otter]

Copper prices have soared this year, hitting multiple record highs, fueled by supply disruptions and as fears over U.S. tariffs have led to a surge in demand. The rally is set to continue into 2026.

Citi analysts expect prices of the red metal to skyrocket on the back of stronger demand led by the energy transition and artificial intelligence sectors. Electrification, grid expansion and data-center build-outs require large amounts of the metal for wiring, power transmission and cooling infrastructure.

The brokerage sees copper hitting $13,000 per ton in early 2026, and even $15,000 by the second quarter of next year.

Copper could hit 'stratospheric new highs' as hoarding of the metal in U.S. continues — CNBC

Spot prices of the red metal hit another high on Friday at $11,816 per ton on the London Metals Exchange, with 3-month futures closing at $11,515.

apple.news

maximus otter

 

[Freeforester]

Not only copper, but of course that will be the metal of principal concern going forward. Like Russian energy, titanium, nickel etc, placing obstacles in the way of trade isn’t a great idea if your economic future wellbeing depends on obtaining these materials, such a ploy only works when you are in a position of strength, not weakness, hence the consternation caused by China’s retaliatory embargo placed on export of rare earth metals, which are required for sophisticated military applications, and without access to which the ability to impose one’s will upon others is rather seriously impacted. China’s metals refining abilities and capacity is now seen as a strategic master-stroke, putting them literally years ahead of other countries which chose to buy in rather than build up their own domestic capabilities. They’re happy to trade, but not looking to kowtow.

As for staging an energy transition —16:30 to 18+ minutes in, for copper:



P is for prescient, Mills made this address a few years ago, and as night follows day, here we are. Expect copper theft to continue to increase…

 

[Chris Richardson]

Copper prices have soared this year, hitting multiple record highs, fueled by supply disruptions and as fears over U.S. tariffs have led to a surge in demand. The rally is set to continue into 2026.

Citi analysts expect prices of the red metal to skyrocket on the back of stronger demand led by the energy transition and artificial intelligence sectors. Electrification, grid expansion and data-center build-outs require large amounts of the metal for wiring, power transmission and cooling infrastructure.

The brokerage sees copper hitting $13,000 per ton in early 2026, and even $15,000 by the second quarter of next year.

Copper could hit 'stratospheric new highs' as hoarding of the metal in U.S. continues — CNBC

Spot prices of the red metal hit another high on Friday at $11,816 per ton on the London Metals Exchange, with 3-month futures closing at $11,515.

apple.news

maximus otter

bloody good job ill be using lead then

 

[Bo Diddley]

Silver is used in industry, as well as a store of wealth. It's doubled in price over the last year, from £25oz to high £50s and it will probably keep going up like a rocket. Comex has almost lost control of the paper market. Demand for physical is strong.

 

[Freeforester]

bloody good job ill be using lead then

Expect higher rates from the game dealer where copper slugs are loaded to non-exiting pressures

 

[Chris Richardson]

Expect higher rates from the game dealer where copper slugs are loaded to non-exiting pressures

im still waiting for the huge rise in price that game dealers are offering for "non toxic " shot venison ..... just like the orgs promised us

 

[Tim.243]

im still waiting for the huge rise in price that game dealers are offering for "non toxic " shot venison ..... just like the orgs promised us

In the UK (mid-December 2025), scrap copper prices range significantly by grade, from roughly £4,800 to over £6,400 per tonne, while scrap lead is around £950 to £1,300 per tonne.

 

[Freeforester]

In the UK (mid-December 2025), scrap copper prices range significantly by grade, from roughly £4,800 to over £6,400 per tonne, while scrap lead is around £950 to £1,300 per tonne.

Are Tikka or Sako making a metal detector any time soon? Can’t be just leaving copper lying about at that money!

 

[Tim.243]

Are Tikka or Sako making a metal detector any time soon? Can’t be just leaving copper lying about at that money!

All rifles will spray copper rounds so just not confined to Tikka/Sako

 

[timbrayford]

bloody good job ill be using lead then

Steel cored copper instead? If its good enough for shotguns why not rifles too?

 

[sako751sg]

Great price for scrap copper just now.

Yearly collection went in last week and excellent price.

 

[Bavarianbrit]

Great price for scrap copper just now.

Yearly collection went in last week and excellent price.

Please don't tell my local range officer.