Copper Price Rises Toward US$5.71 /Pound (Monday, March 16, 2026)
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Investing.com recorded that today's copper price rose 0.21% toward the level of US$5.71 per pound. This price increase is quite high compared to the average price movement over the past week.
Today's price movement is the highest in the past week at 0.21%. Meanwhile, trading since the start of the year has continued to decline, with the year-to-date growth falling 0.89%.
The current condition is similar to the copper price movement in the last day, which is in a declining trend.
Over the past week, copper price movement grew 0.71% with an average daily transaction price of US$5.82 per pound. As a result, throughout 2026, copper prices have fallen 0.89% from the start-of-year level of US$5.76 per pound. Meanwhile, so far this year, the highest trading value for the copper commodity was transacted at US$6.2 per pound, which occurred on Thursday, January 29, 2026.
Annually, the average trading price of copper over the past five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions over the past 12 months tend to rise. The highest average monthly price of the copper commodity was recorded in January 2026 at US$5.91 per pound.
(Read: 3-Month Forward Nickel Commodity Price Falls Toward US$17,530 /Ton (Friday, March 13, 2026))
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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