Copper prices reached a in late 2025 and early 2026, primarily driven by a material weakening of demand from China. While the market hit record highs above $6.50/lb in January 2026, prices subsequently corrected as Chinese industrial users began scaling back purchases in response to those elevated costs. Recent Copper Price Performance
Copper Tumbles as Trump Threatens Massive New Tariffs on China
: Prices have repeatedly tested a support zone around $5.80 , where buying interest typically stabilizes the market. Copper (HGW00) 6.95% since Dec 31, 2025 As of Apr 27, 11:35 PM CDT • Disclaimer Apr 27, 2026 Prev close6.08 Open interest133232
: As of April 28, 2026, copper is trading at approximately $6.075 per pound .