Copper Prices Fall to US$4.53 per Pound (Wednesday, September 25, 2024)
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Copper prices for Wednesday, September 25, 2024, decreased. Today's copper price traded at US$4.53 per pound, lower than the previous day's US$4.53 per pound. This is consistent with the upward trend in copper prices over the past day.
Over the past week, copper prices have increased by 5.94 percent, with an average daily transaction price of US$4.39 per pound. As a result, in 2024, copper prices have risen 16.1 percent from their year-start level of US$3.9 per pound. Compared to its yearly high of US$5.11 per pound, the price has fallen by 11.35 percent.
Annually, the average copper price trade over the past five years shows 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."
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