Copper

The industrial metal most tied to grids, construction and manufacturing. Mine supply is concentrated in a handful of countries.

14,415

USD/t, −1.2% on the week

LME copper, indicative, week of October 23, 2026. Source: Commodities-API (commodities-api.com), indicative prices.

52 weeks of Friday closes

10,00012,00014,00016,000NovJanMarMayJulSep
Copper, weekly closes, USD/t. From 10,902 to 14,415 USD/t, between 2025-10-31 and 2026-10-23.
Week
−1.2%
13-week range
13,834 to 14,740
52-week range
10,686 to 14,740
Over the year
+32.2%
Matters to
South America, Asia, North America

Where Canada sells it

Copper, ores and refined: C$12.2 billion of Canadian exports in the 12 months to August 2026, 70% of it outside the United States.

Source: Statistics Canada, Canadian International Merchandise Trade Web Application (catalogue 71-607-X), domestic exports, by destination.

Largest buyers outside the United States

Largest buyers of Canadian copper, ores and refined outside the United States, 12 months to August 2026
ChinaC$4.7 billion
South KoreaC$1.3 billion
JapanC$1.3 billion
GermanyC$631 million
IndiaC$295 million
FinlandC$258 million

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