Copper Price History
Interactive copper futures price chart with historical data and key statistics.
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Understanding Copper Prices
Copper is often called "Dr. Copper" because its price is considered a reliable barometer of global economic health. As one of the most widely used industrial metals, copper demand closely tracks manufacturing activity, construction, and infrastructure development.
The green energy transition is creating significant new demand for copper — electric vehicles use roughly four times more copper than conventional cars, and renewable energy systems are copper-intensive. Many analysts project structural copper supply deficits in the coming decades.
Key price drivers include Chinese industrial demand, global construction activity, mining supply and labor conditions in major producing countries like Chile and Peru, and speculative positioning in futures markets.