Morning Copper Price Traded at US$6.61 /Pound (Wednesday, 14 October 2026)
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Copper price for trades on Wednesday, 14 October 2026 fell. Today's copper trading price is recorded at US$6.61 per pound. This figure is lower compared to the previous trading day which stood at US$6.73 per pound. Current conditions cap off copper price movements over the past two days which have been on an upward trend.
Over the past week, copper price movement recorded -0.54% growth with an average daily transaction price of US$6.67 per pound. Meanwhile compared to positions 30 days ago, copper price movement has recorded -3.08% growth. Even from this year's highest price of US$6.89 per pound, copper prices have fallen by 3.99%.
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On an annual basis, average copper trading prices over the last five years are 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 noted in September 2026 at US$6.66 per pound.
Factors Affecting Copper Prices
Global market copper prices move following 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), power transmission grids, renewable energy, right through to data centres and artificial intelligence (AI) infrastructure. On the supply side, production disruptions at major mines such as those in Chile and Peru, export policies, as well as limited smelter capacity frequently cause 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 is promoting downstream industrialisation through smelter development to increase domestic added value.
Why Can Copper Prices Rise or Fall Today?
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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 trends have tended to rise (bullish).
Two Freeport copper smelters have resumed operations following earlier operational disruptions. as reported by Katadata "Freeport's large smelter capacity will help optimise domestic copper concentrate processing." This directly impacts the supply dynamics of national copper prices.
Mining industry players are starting to target copper commodity as a new business line. as reported by Katadata "There are plans, copper remains one of the commodities we are considering."
"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 (Sep) | 3,28% | +0.09 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| 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 | 17.873 | 0.00 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Agu) | 992,20 | +25.98 | |
| Neraca perdagangan (Agu) | 3,55 | +2,814.03 | |
| Impor Migas (Agu) | 3,53 | -6.37 | |
| Ekspor (Agu) | 26,61 | +1.51 | |
| Impor (Agu) | 23,06 | -11.63 | |
| Kunjungan Wisman (Agu) | 1,60 | +4.89 | |
| NTP (Jul) | 116,16 | +1.32 |
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