PCOPPUSDMGlobal price of Copper — Current Value & Historical Data
Gray bands: NBER recessions
What is Global price of Copper?
Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity.
Current Global price of Copper Value
As of March 1, 2026, the current global price of copper is 12528.71 U.S. Dollars per Metric Ton. This is the most recent observation available for this series, updated monthly.
Historical Trend
Global price of Copper fell 3.26% month-over-month. Over the past year, global price of copper rose 34.27% from February 2025. In the series' tracked history, the highest recorded value was 12986.61 (January 2026), and the lowest was 1377.38 (October 2001).
Methodology & Source
Source: Federal Reserve Economic Data (FRED)
Frequency: Monthly
Units: U.S. Dollars per Metric Ton
Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use ...