Copper Spot Price
Source: COMEX / LME indicative pricing. Updated 26 March 2026.
Copper Price by Unit
All conversions based on the current spot price of $4.52 per pound.
| Unit | Price (USD) |
|---|---|
| Per pound (lb) | $4.52 |
| Per kilogram (kg) | $9.96 |
| Per metric ton (tonne) | $9,965 |
| Per short ton (US ton) | $9,040 |
| Per troy ounce | $0.310 |
Historical Price Context
12-Month Range
$3.85 - $4.78
per pound
5-Year Trend
+42%
from $3.18 in March 2021
All-Time High
$5.20/lb
May 2024
Price Trend Summary
Copper has traded in a broad range over the past year, supported by robust demand from the energy transition and constrained mine supply. After reaching its all-time high of $5.20/lb in May 2024 on surging EV and AI data centre demand, prices corrected through late 2024 before stabilising in the $4.20 to $4.60 range through early 2026. Analysts expect continued support from structural demand growth, though near-term volatility tied to Chinese manufacturing data and Federal Reserve policy remains a factor.
What Drives Copper Prices
Six key factors that move the copper market.
Chinese Demand
China consumes roughly 55% of global copper output. Manufacturing PMI and construction activity are leading indicators. When Chinese demand expands, copper prices typically follow.
Global Mine Supply
Chile produces 27% of the world's copper, followed by Peru at 10% and the DRC at 8%. Mine disruptions, labour strikes, and political instability can tighten supply quickly and push prices higher.
Energy Transition
Electric vehicles use 3 to 4 times more copper than combustion vehicles. Wind turbines and solar farms require extensive copper wiring. The International Energy Agency projects copper demand from clean energy to double by 2035.
US Dollar Strength
Copper is priced in US dollars globally. A stronger dollar makes copper more expensive for buyers using other currencies, which can reduce demand and press prices lower. Dollar weakness has the opposite effect.
Exchange Inventories
LME and COMEX warehouse stock levels signal supply tightness. Declining inventories suggest strong demand or supply shortages, which tends to support higher prices. Current LME stocks sit near multi-year lows.
Recycling & Scrap
Approximately 32% of copper supply comes from recycled sources. Scrap copper pricing trades at a discount to virgin copper and provides a price floor. Higher virgin copper prices incentivise more recycling.
Copper Price FAQ
What is the current price of copper per pound?
Why are copper prices rising?
What is the difference between COMEX and LME copper prices?
How much copper is in an electric vehicle?
Is copper a good investment?
What is the all-time high copper price?
How do copper futures work?
Where can I buy physical copper?
Software Pricing
Looking for Copper CRM Pricing?
Copper (formerly ProsperWorks) is a CRM built for Google Workspace teams. Here is the complete pricing breakdown for every plan, with a team cost calculator and competitor comparisons.
Copper CRM Plans Compared
Prices verified as of March 2026. Copper periodically adjusts pricing.
| Feature | Starter | Basic | Professional | Business |
|---|---|---|---|---|
| Monthly price (per seat) | $9 | $23 | $59 | $99 |
| Annual price (per seat) | $9 | $23 | $49 | $89 |
| Contact records | 1,000 | 2,500 | 15,000 | Unlimited |
| Pipelines | 2 | 3 | 10 | Unlimited |
| Google Workspace integration | ✓ | ✓ | ✓ | ✓ |
| Workflow automations | ✕ | ✕ | ✓ | ✓ |
| Custom reports | ✕ | ✕ | ✓ | ✓ |
| Email sequences | ✕ | ✕ | ✓ | ✓ |
| API access | ✕ | ✕ | ✓ | ✓ |
| Lead scoring | ✕ | ✕ | ✕ | ✓ |
Copper CRM Team Cost Calculator
Per seat / month
$49
Total monthly
$245
Total annual
$2,940
You save $600 per year with annual billing (5 seats x $10 savings x 12 months)
Professional plan includes 15,000 contacts per account
Copper CRM vs Competitors
Head-to-head comparisons with the most popular alternatives.
Copper vs HubSpot CRM
HubSpot CRM strengths
HubSpot offers a generous free tier with unlimited contacts. Great for teams starting out who may outgrow it.
HubSpot CRM limitations
HubSpot gets expensive quickly at scale. Marketing Hub add-ons can cost hundreds per month. Less Google Workspace integration depth.
Verdict: Choose Copper if your team lives in Gmail and Google Calendar. Choose HubSpot if you want a free starting point or need built-in marketing tools.
Copper vs Salesforce Essentials
Salesforce Essentials strengths
Salesforce is the enterprise standard with unmatched customisation and an enormous app ecosystem.
Salesforce Essentials limitations
Steep learning curve, complex admin requirements, and add-on costs that multiply fast. Overkill for most small teams.
Verdict: Choose Copper if you want simplicity and Google integration. Choose Salesforce if you need enterprise-grade customisation and plan to scale past 50 users.
Copper vs Pipedrive
Pipedrive strengths
Pipedrive is highly visual and pipeline-focused. Lower starting price and intuitive interface for sales teams.
Pipedrive limitations
Less native integration with Google Workspace. Email tracking and automation require higher-tier plans.
Verdict: Choose Copper if Google Workspace is central to your workflow. Choose Pipedrive if you want a lower price point and a visually-driven sales pipeline.
Copper vs Streak
Streak strengths
Streak lives entirely inside Gmail with a free tier for individuals. Lightweight and easy to start with.
Streak limitations
Limited features compared to a full CRM. Reporting and automation are basic even on paid plans.
Verdict: Choose Copper if you need a full-featured CRM with reporting and automations. Choose Streak if you are a solo user or very small team wanting the simplest Gmail CRM.
Copper CRM Hidden Costs
Watch out for these charges that are not obvious on the pricing page.
Implementation & migration
Copper is self-serve, but migrating data from another CRM can cost $2,000 to $10,000 with a consultant. Budget for data cleaning and mapping time.
Contact limits
The Basic plan caps at 2,500 contacts. Growing teams hit this threshold fast and face a forced upgrade to Professional at $59/seat.
Annual lock-in
Annual billing saves money but locks you into a 12-month commitment. Monthly billing is available but costs $10 more per seat on Professional and Business plans.
Integration costs
Native integrations are limited to Google Workspace. Connecting to other tools requires Zapier ($20 to $50/month extra) or custom API development.
Reporting limitations
Starter and Basic plans have minimal reporting. Meaningful analytics and custom reports require the Professional tier at $49 to $59/seat.