Copper Price Traded at US$6.45 /Pound This Morning (Wednesday, 16 September 2026)
- A Small
- A Medium
- A Bigger
Copper transaction prices rose on Wednesday, 16 September 2026. Today's copper trading price is recorded at US$6.45 per pound. This figure is higher than the previous trading day which stood at US$6.44 per pound. This current condition caps copper price movements over the past two days which have been on a downward trend.
Over the past week, copper price movement recorded a -5.47% change, with an average daily transaction price of US$6.54 per pound. As a result throughout 2026, copper prices have risen 12.06% from the start of year level at US$5.76 per pound. Even from this year's peak price of US$6.89 per pound, copper prices have fallen by 6.37%.
On an annual basis, average copper trading prices over the last five years are on an upward trend. Meanwhile, for monthly price monitoring, transactions over the past 12 months have also tended to rise. The highest recorded monthly average copper commodity price was recorded in August 2026 at US$6.62 per pound.
Factors Affecting Copper Prices
Global market copper prices move following the balance between mine supply and industrial demand. On the demand side, copper is the backbone of the energy transition as it is used extensively in electric vehicles (EV), power transmission grids, renewable energy, right through to data centres and artificial intelligence (AI) infrastructure. On the supply side, production disruptions at major mines such as those in Chile and Peru, export policies, and limited smelter capacity frequently create tight supply conditions. US Dollar exchange rates and economic data from China, the world's largest copper consumer, also drive daily price movements.
What is Copper and Why is its Price Monitored?
Copper is an industrial metal traded globally with the main benchmark at the London Metal Exchange (LME). As an excellent electrical conductor, copper demand is often used as an indicator of global economic health, earning it the nickname Dr. Copper. In Indonesia, copper is mined among other locations in Papua, and the government is promoting downstream industrialisation through smelter development to increase domestic added value.
Why Can Copper Prices Rise or Fall Today?
Daily copper price movements are generally triggered by supply-demand sentiment, Chinese manufacturing data releases, US Federal Reserve (The Fed) interest rate policy direction, as well as US Dollar strengthening or weakening. Over the last 30 days, copper price trends have tended to decline (weakening).
Copper prices are increasingly attracting the attention of domestic mining actors. as reported by Katadata "copper is one of the commodities we are considering", stated United Tractors management who are exploring entry into this sector.
The government's maintained raw copper export ban policy continues to affect the price dynamics of this commodity. as reported by Katadata "the government will continue to ban exports of unprocessed mining products, such as bauxite and copper".
"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."
Related Data
Latest Data Stories
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Agu) | 3,19% | +0.31 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18 | -0.04 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Neraca perdagangan (Jul) | 121,90 | -127.06 | |
| Ekspor Migas (Jul) | 787,60 | -26.07 | |
| Impor Migas (Jul) | 3,77 | -17.33 | |
| Ekspor (Jul) | 26,22 | +2.98 | |
| Impor (Jul) | 26,09 | +0.72 | |
| Kunjungan Wisman (Jul) | 1,53 | +9.99 | |
| NTP (Jul) | 116,16 | +1.32 |
Trending Topics
Popular Data
