Copper Prices Fall to US$4.33 per Pound (Friday, September 20, 2024)
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Copper prices for transactions on Friday, September 20, 2024, decreased. Today's copper price trading was recorded at US$4.33 per pound, lower than the previous day's trading price of US$4.35 per pound. This current condition is similar to the copper price movement in the last day, which is in an upward trend.
Over the past week, copper prices have grown by 3.3 percent, with an average daily transaction price of US$4.28 per pound. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the copper price has increased by 11.16 percent. The highest trading value for copper this year was recorded at US$5.11 per pound on Tuesday, May 21, 2024.
Annually, the average copper price trading over the past five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to increase. 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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