Copper Prices Fall to US$4.34 per Pound (Friday, September 20, 2024)
- A Small Font
- A Medium Font
- A Bigger Font
Investing.com reports that the price of copper today fell 0.09 percent to US$4.34 per pound. This price drop is relatively significant compared to the average price movement over the past week.
Copper prices reached their highest point this week on Monday, September 16, 2024, rising by 1.18 percent. Year-to-date (YTD), the price has strengthened by 11.39 percent.
The current situation is similar to the copper price movement in the last 24 hours, which has been on an upward trend.
Over the past week, copper prices have grown by 3.52 percent, with an average daily transaction price of US$4.29 per pound. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the price of copper has increased by 11.39 percent. The highest trading value for copper this year was US$5.11 per pound, recorded on Tuesday, May 21, 2024.
Annually, the average trading price of copper over the past five years has been on an upward trend. Meanwhile, monthly price monitoring shows an upward trend in transactions 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."
Related Data
Latest Data Stories
Trending Topics
Popular Data