Global price of Copper (PCOPPUSDM)
Global price of Copper — Historical Chart
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Global price of Copper (FRED series PCOPPUSDM) is a monthly economic indicator measured in u.s. dollars per metric ton. The series is published through FRED, the Federal Reserve Bank of St. Louis economic database, with history going back to 1992.
Why it matters: Global price of Copper is one of the indicators traders, economists, and policymakers watch within the economic complex. Analysts use it to track conditions in the US economy and to anticipate shifts in growth, inflation, and policy.
How to read it: focus on the direction and persistence of changes rather than any single monthly print. Comparing the latest value against its level a year ago, and against its long-run range since 1992, gives a better sense of whether the series is signaling acceleration, deceleration, or a turning point.
About This Series
Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.
Recent Data
| Date | Value (U.S. $ per Metric Ton) | Change |
|---|---|---|
| May 1, 2026 | 13,483.75 | +593.06 |
| April 1, 2026 | 12,890.69 | +361.98 |
| March 1, 2026 | 12,528.71 | -422.64 |
| February 1, 2026 | 12,951.35 | -35.26 |
| January 1, 2026 | 12,986.61 | +1,195.64 |
| December 1, 2025 | 11,790.96 | +978.94 |
| November 1, 2025 | 10,812.03 | +72.11 |
| October 1, 2025 | 10,739.92 | +745.15 |
| September 1, 2025 | 9,994.77 | +322.9 |
| August 1, 2025 | 9,671.88 | -98.7 |
| July 1, 2025 | 9,770.58 | -64.49 |
| June 1, 2025 | 9,835.07 | +303.87 |
Frequently Asked Questions
What is Global price of Copper today?
The latest value of Global price of Copper (PCOPPUSDM) is shown at the top of this page, along with its observation date and the change from the prior reading. Data is sourced from FRED and refreshed regularly.
How often is Global price of Copper updated?
Global price of Copper is reported monthly (Monthly). New observations appear on FRED shortly after the source agency releases them, and this page updates daily.
What does a rising Global price of Copper mean?
A sustained rise in Global price of Copper signals strengthening readings in this economic measure, in u.s. dollars per metric ton. Whether that is positive or negative for markets depends on context — compare the move against the series’ trend and related indicators in the same category.
Where does the PCOPPUSDM data come from?
The data comes from FRED® (Federal Reserve Economic Data), maintained by the Federal Reserve Bank of St. Louis, under series ID PCOPPUSDM. History is available back to 1992.
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Data sourced from FRED®, Federal Reserve Bank of St. Louis: Global price of Copper (PCOPPUSDM). Retrieved from fred.stlouisfed.org. Last updated June 5, 2026.