Where the global copper price stands versus its history
The global copper price was $13,543 a metric ton on Jul 1, 2026, its lowest reading since May 1, 2026. Updated when the International Monetary Fund publishes a new reading.
Snapshot
The global copper price was $13,543 a metric ton on Jul 1, 2026, its lowest reading since May 1, 2026. The highest reading in the data is $13,552 a metric ton on Jun 1, 2026 and the lowest is $1,377 a metric ton on Oct 1, 2001; the data starts on Jan 1, 1992.
- Independent Research
What We Know
- Latest reading: $13,543 a metric ton on Jul 1, 2026.
- Previous reading: $13,552 a metric ton on Jun 1, 2026, so the latest is down 0.1%.
- One year earlier: $9,771 a metric ton on Jul 1, 2025; up 38.6% since.
- 12 month high: $13,552 a metric ton on Jun 1, 2026. 12 month low: $9,672 a metric ton on Aug 1, 2025.
- 5 year high: $13,552 a metric ton on Jun 1, 2026. 5 year low: $7,545 a metric ton on Jul 1, 2022.
- Highest since: the latest reading is the highest since Jun 1, 2026, the last time the series was at or above this level.
- Lowest since: the latest reading is the lowest since May 1, 2026, the last time the series was at or below this level.
- Highest in data back to Jan 1, 1992: $13,552 a metric ton on Jun 1, 2026. Lowest: $1,377 a metric ton on Oct 1, 2001.
Octans View
At $13,543 a metric ton, the global copper price sits 99% of the way from its 12 month low to its 12 month high. Over the past year it is up 38.6%.
Bear Case · Room for Disagreement
Limits. This page shows monthly readings, not intraday levels; a market can trade above or below them during a session. The International Monetary Fund data reach FRED with a lag of about one month, so the latest reading can trail the market. Records refer only to the history this source carries; older data from other sources may show higher or lower levels. Nothing here is a forecast.
Method and source. Octans Research computes every figure on this page from the full published history of Federal Reserve Bank of St. Louis (FRED) series PCOPPUSDM. "Highest since" is the last earlier date when the series was at or above the latest reading. The page is regenerated by a fixed template when a new reading is published; no model wrote it.
Chart
Sources
- [1]Federal Reserve Bank of St. Louis (FRED) — Global copper price, full monthly history (series PCOPPUSDM)
These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.
0.1%
4 reports
Where the Brent crude oil spot price stands versus its history
The Brent crude oil spot price was $126.55 a barrel on Oct 14, 2026, in the upper third of its 12 month range. Updated when the US Energy Information Administration publishes a new reading.
Where the silver spot price stands versus its history
The silver spot price was $57.02 a troy ounce on Oct 16, 2026, in the lower third of its 12 month range. Updated when Tiingo forex data publishes a new reading.
Where the gold spot price stands versus its history
The gold spot price was $4,168.45 a troy ounce on Oct 16, 2026, in the lower third of its 12 month range. Updated when Tiingo forex data publishes a new reading.
Where the Henry Hub natural gas spot price stands versus its history
The Henry Hub natural gas spot price was $3.22 per million British thermal units on Oct 14, 2026, in the lower third of its 12 month range. Updated when the US Energy Information Administration publishes a new reading.