Copper Prices Fall to US$4.27 per Pound (Wednesday, September 18, 2024)
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Copper prices fell on Wednesday, September 18, 2024. Today's copper price traded at US$4.27 per pound, lower than the previous day's US$4.27 per pound. This continues the downward trend in copper prices over the past two days.
Over the past week, copper prices rose 4.2 percent, with an average daily transaction price of US$4.23 per pound. As a result, copper prices have risen 9.52 percent in 2024 from a year-start price of US$3.9 per pound. The highest price for copper this year was US$5.11 per pound, recorded on Tuesday, May 21, 2024.
The average annual copper price has shown an upward trend over the past five years. Meanwhile, monthly copper prices have also generally increased over the past 12 months. The highest average monthly price for copper was recorded in May 2024 at US$4.76 per pound.
"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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