Historical Copper Prices History
The average LME Copper price for December 2009 was US$6,981.71 per tonne, up from the November 2009 average Copper Price of US$6,675.60 per tonne. The 2009 high copper price was US$7,346 per tonne (31/Dec), the low price was US$3,050.50 per tonne (23/Jan), and the average was US$5,163.59 per tonne. As of the end of December 2009, copper stocks held at the major metal exchanges (LME, COMEX, SHFE) totalled 687,691 t, an increase of 298,008 t from stocks held at the end of December 2008. Compared to the November levels, stocks were up at LME Copper Futures trading and COMEX Copper Futures trading. warehouses and down at SHFE warehouses.
Historical Copper Prices History Table - Copper Futures Trading
| Year | Scrap | Imports | Exports | Stocks | Consumption | Unit value ($/t) | World production |
| 1990 | 775,000 | 262,000 | 211,000 | 101,000 | 2,150,000 | 2,710 | 9,200,000 |
| 1991 | 667,000 | 289,000 | 271,000 | 132,000 | 2,050,000 | 2,410 | 9,330,000 |
| 1992 | 722,000 | 289,000 | 177,000 | 205,000 | 2,180,000 | 2,370 | 9,470,000 |
| 1993 | 748,000 | 343,000 | 217,000 | 153,000 | 2,360,000 | 2,020 | 9,490,000 |
| 1994 | 827,000 | 470,000 | 157,000 | 119,000 | 2,680,000 | 2,450 | 9,500,000 |
| 1995 | 874,000 | 429,000 | 217,000 | 163,000 | 2,530,000 | 3,050 | 10,000,000 |
| 1996 | 891,000 | 543,000 | 169,000 | 146,000 | 2,610,000 | 2,400 | 11,000,000 |
| 1997 | 967,000 | 632,000 | 92,900 | 314,000 | 2,790,000 | 2,360 | 11,500,000 |
| 1998 | 956,000 | 725,000 | 86,200 | 532,000 | 2,890,000 | 1,730 | 12,100,000 |
| 1999 | 949,000 | 915,000 | 25,200 | 566,000 | 2,980,000 | 1,670 | 12,800,000 |
| 2000 | 955,000 | 1,020,000 | 93,600 | 345,000 | 3,020,000 | 1,940 | 13,200,000 |
| 2001 | 833,000 | 1,200,000 | 22,500 | 957,000 | 2,620,000 | 1,690 | 13,700,000 |
| 2002 | 842,000 | 1,060,000 | 26,600 | 1,030,000 | 2,370,000 | 1,670 | 13,600,000 |
| 2003 | 737,000 | 687,000 | 93,300 | 656,000 | 2,290,000 | 1,880 | 13,800,000 |
| 2004 | 774,000 | 704,000 | 118,000 | 134,000 | 2,410,000 | 2,950 | 14,700,000 |
| 2005 | 769,000 | 977,000 | 39,500 | 66,000 | 2,270,000 | 3,830 | 15,000,000 |
| 2006 | 819,000 | 1,070,000 | 106,000 | 196,000 | 2,110,000 | 6,940 | 15,100,000 |
| 2007 | 750,000 | 832,000 | 51,000 | 133,000 | 2,140,000 | 7,230 | 15,400,000 |
| 2008 | 717,000 | 721,000 | 37,000 | 190,000 | 2,020,000 | 7,040 | 15,400,000 |
In the first 10 months of 2009, world usage is estimated to have decreased by 1% compared with that in the same period of 2008. Chinese apparent usage, which accounted for 40 % of world usage over this period, grew by 1.8 Mt (43%) and nearly offset an 18% decline in the rest of the world.* Usage in the EU-15 countries, Japan, and the United States, which combined accounted for about 29.5% of world usage, decreased by 21%, 31%, and 21%, respectively.
Historical Copper Prices History Chart - Copper Futures Trading
