Our Comex Copper Weekly Report brings you the latest trends in copper scrap prices, supply–demand movements, and market sentiments from domestic and global markets. This week’s update highlights key factors impacting scrap availability, buying interest from mills, and overall pricing direction to help traders make informed decisions.
- Comex Copper (Dec delivery ) gained 12 cents this month, up 2.37% to $5.1855/lb.
- Prices have risen for 4 straight months.
- Copper is up 19.74% over the last four months — biggest 4-month gain since March 2025.
- This is the longest winning streak since Feb 2021 (5 months).
- Copper has increased in 9 of the past 11 months.
- This week, prices are up 3.40% — biggest weekly jump since Oct 3, 2025.
- Today, copper gained 1.59%, rising for 3 consecutive sessions.
- The last three sessions delivered a 4.50% surge, strongest 3-day rise since Oct 3, 2025.
- Prices are at their highest since Oct 29, 2025, but still 10.52% below the July 2025 record high.
- Year-to-date, copper is up 30.09%, reflecting strong overall momentum.
Check out current copper scrap rate