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Copper price for transactions on Friday, 18 September 2026 increased. Today's copper trading price was recorded at US$6.69 per pound. This figure is higher compared to the previous trading day which stood at US$6.66 per pound. Current conditions mark copper price movement over the last four days which is currently on a downward trend.
Over the past week, copper price movement grew by 2.2% with an average daily transaction price of US$6.54 per pound. Meanwhile compared to prices at the start of the year, this copper price has increased by 16.25%. Even from this year's highest price at US$6.89 per pound, copper price has fallen by 2.86%.
(Read: US Soybeans Two-Month Contract Futures Fall Towards US$1303.5 /Bushel (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 last 12 months have tended to rise. The highest recorded monthly average price for copper commodity was in September 2026 at US$6.62 per pound.
Factors Affecting Copper Price
Copper prices on the global market move according to the balance between mine supply and industrial demand. On the demand side, copper is the backbone of the energy transition as it is used massively in electric vehicles (EV), electricity transmission networks, renewable energy, as well as data centres and artificial intelligence (AI) infrastructure. On the supply side, production disruptions at major mines such as in Chile and Peru, export policies, and limited smelter capacity often result in 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). As an excellent electrical conductor, 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 promotes downstream industrialisation through smelter development to increase domestic added value.
Why Can Copper Prices Rise or Fall Today?
(Read: Global Natural Gas Price Traded at US$2.91 /Mmbtu This Afternoon (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 trend has tended to decline (weakening).
Demand for copper mining assets is increasingly attracting the attention of major industry players. as reported by Katadata "There are plans, copper remains one of the commodities we are considering," stated UNTR management regarding their business expansion plans.
Indonesia's raw copper export ban policy remains in place for the downstream industrialisation programme. as reported by Katadata "the government will continue to ban exports of raw mining products, such as bauxite and copper."
"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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| 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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