Copper Price Traded at US$6.71 /Pound This Morning (Monday, 21 September 2026)
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Copper price for transactions on Monday, 21 September 2026 increased. Today's copper trading price is recorded at US$6.71 per pound. This figure is unchanged compared to the previous trading day which stood at US$6.71 per pound. Current conditions cap off copper price movements over the past six days which are currently on a declining trend.
Over the past week, copper price movements have grown 2.9% with an average daily transaction price of US$6.59 per pound. Calculations from Katadata Insight Center (KIC) show that year-to-date (ytd), this copper price has risen by 16.65%. Meanwhile, measured against this year's peak price of US$6.89 per pound, copper price has fallen by 2.53%.
(Read: Global Natural Gas Price Rises Towards US$2.91 /Mmbtu (Friday, 18 September 2026))
On an annual basis, the average copper trading price over the last five years is on an upward trend. Meanwhile, for monthly price monitoring, transactions over the past 12 months have generally increased. The highest recorded monthly average price for copper commodity was recorded in September 2026 at US$6.63 per pound.
Factors Affecting Copper Price
Copper prices on the global market 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 networks, 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 cause tight supply. 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). Due to its excellent electrical conductivity, 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?
(Read: Palladium Price Traded at US$1319.5 /Troy Ounce This Midday (Friday, 18 September 2026))
Daily copper price movements are generally triggered by supply-demand sentiment, China 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 generally been declining (weakening).
Interest from large corporations to enter the copper mining business re-emerged in early September 2026. as reported by Katadata "There are plans, copper remains one of the commodities we are considering." This trend adds dynamics to the domestic copper price market.
Indonesia's raw copper export ban policy remains maintained by the government to date. as reported by Katadata "In order to carry out economic transformation, there is no other way, we must have domestic industries," stated Minister of Energy and Mineral Resources Bahlil.
"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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| Name | Value | % | |
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| 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 | 17.749 | -0.09 | |
| 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 |
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