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United KingdomIn Q1 2025, the copper plate price trend witnessed a notable increase of $11,379 per metric ton, Ex-Shanghai, marking a 3.80% rise compared to the previous quarter. This upward movement was primarily driven by robust demand from key end-use sectors such as electrical, construction, and industrial machinery, alongside constrained supply dynamics in the global market.
Tight inventory levels and logistical challenges in major producing regions further contributed to the price surge. Additionally, positive investor sentiment and a rebound in manufacturing activity also played a role in bolstering copper plate price trend during the quarter.
In Q4 2024, the global copper plate market experienced a notable upward trend, with significant price increases across multiple regions. In China, copper plate prices saw a steady rise due to higher demand from the industrial and construction sectors, as well as tightening supply.
Similarly, prices in India, the USA, and the UK exhibited a consistent upward trajectory, fueled by growing demand for copper plate in applications such as electrical conductors, heat exchangers, and machinery components. In the USA and UK, strong infrastructure projects and increased manufacturing activities supported copper plate price trend hikes.
While in India, robust demand for copper plate in the electrical and automotive industries drove the upward movement. Overall, the market saw a positive shift as global supply demand dynamics tightened, leading to price increases across key markets.
In Q3 2024, the global copper plate market experienced a general decline, with prices showing decreasing trends across major regions. In China, copper plate prices dropped due to weaker domestic demand and slower industrial activity, particularly in construction and manufacturing sectors.
Similarly, prices in India, the USA, and the UK followed a downward trajectory, driven by surplus supply, reduced consumer demand, and a slowdown in key industries such as automotive and electronics.
Weakening economic conditions, along with high inventory levels, led to a reduction in buying activity, further contributing to the price decrease in these regions. As a result, global copper plate prices reflected a cautious market sentiment, with buyers adopting a wait-and-see approach amid economic uncertainties.
In Q2 2024, the global copper plate market experienced a mixed but generally upward copper plate price trend. China saw an increase in copper plate prices driven by stronger industrial demand and a recovery in construction and manufacturing sectors.
Similarly, the USA, UK, and India also witnessed rising prices, supported by growing demand across various industries including automotive, electronics, and infrastructure. In the USA, price hikes were fueled by the increased activity in the energy and manufacturing sectors, while in the UK, demand for copper plates in construction and electrical applications led to price growth.
India saw a modest increase as well, attributed to heightened demand for copper in electrical and industrial uses. These combined increases across key regions reflect tightening supply conditions and robust demand recovery post-pandemic, although global market uncertainties remain a concern.
In Q1 2024, copper plate prices saw an upward trend across major global markets, driven by a combination of strong demand and tighter supply conditions. China, a key player in the copper market, experienced a notable increase in copper plate prices, fueled by a rebound in industrial activity and a rise in domestic demand, particularly in the automotive and electrical sectors.
Concurrently, the USA, UK, and India also saw price increases, albeit at varying degrees, reflecting robust demand from construction, electrical, and manufacturing industries. The USA and UK saw a gradual rise in prices, supported by tight inventories and steady demand for copper plates in infrastructure and industrial applications.
India, meanwhile, witnessed a more pronounced increase, driven by a surge in demand for copper in electrical and construction projects.
In the first quarter of 2025, the copper plate price trend in the Indian market experienced a notable upswing, with prices rising by $12,185 per metric ton, Ex-Mumbai, marking a 5.33% increase compared to the previous quarter.
This upward trend was primarily driven by improved demand from the electrical and construction sectors, coupled with tight supply conditions in both domestic and global markets.
Market sentiment remained positive throughout the quarter, reflecting confidence in continued infrastructure development and industrial activity within the country.
In Q4 2024, the Indian copper plate market witnessed a modest yet steady uptick, with prices rising by $11,569 per metric ton Ex-Mumbai marking a 1.21% increase compared to the previous quarter. This upward trend can be attributed to a combination of factors, including improved demand from key downstream industries such as electrical, construction, and automotive, coupled with tighter domestic supply conditions.
Additionally, global copper market dynamics, such as fluctuating mining output and elevated LME copper prices, also played a role in influencing local pricing. While the increase isn’t drastic, it reflects growing market confidence and a gradual revival in industrial activity as the year closes.
In Q3 2024, the copper plate market in India witnessed a notable upswing, with prices climbing by $11,430 per metric ton, Ex- Mumbai marking a 1.21% increase. This upward movement was primarily driven by steady demand from key sectors such as electrical equipment, construction, and renewable energy, which continued to show resilience despite global market fluctuations.
Additionally, tighter domestic supply and marginally higher import costs contributed to the price rise. The growth reflects a broader trend of industrial activity picking up pace during the quarter, signaling positive momentum in India’s manufacturing and infrastructure development sectors.
In Q2 2024, the Indian copper plate market experienced a notable surge, with prices climbing by $11,920 per metric ton Ex-Mumbai a sharp 14.10% increase from the previous quarter. This significant rise was largely driven by a combination of strong domestic demand from sectors like construction, electricals, and renewable energy, alongside global supply constraints.
Moreover, the global shift toward green infrastructure and electrification added additional pressure on copper plate availability, pushing Indian buyers to secure material at higher costs. This copper plate price trend jump underscores the growing strategic importance of copper in India’s industrial landscape.
In Q1 2024, the copper plate market in India experienced a notable upswing, with prices climbing by $10,447 per metric ton, marking a 1.17% increase from the previous quarter. This upward trend can be attributed to a combination of steady domestic demand from key sectors like electrical, construction, and renewable energy, as well as global supply constraints that slightly tightened availability. T
he Indian market remained resilient, supported by infrastructure development projects and a push toward electrification, which kept copper consumption healthy. Additionally, positive investor sentiment and marginal improvements in global copper prices further buoyed the local market, contributing to the overall copper plate price trend hike.
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In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence copper plate prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely copper plate market data.
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Molecular Weight[g/mol]
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Molecular Formula
Copper plate is a flat, solid metal product made from high-purity copper, typically used for industrial, electrical, and construction applications. Copper plate is produced through a process of rolling or casting copper into thick plates, which can be further processed to meet specific mechanical and electrical requirements. It is widely used in applications such as electrical conductors, heat exchangers, plumbing, and as a material for manufacturing various components.
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Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Property Specification:
| Carbon Content (%): | ≤ 0.03 (varies slightly by grade) |
| Electrical Conductivity (% IACS): | 97-100 |
| Tensile Strength (MPa): | 200 – 300 |
| Elongation (%): | ≥ 20 |
| Hardness (HB): | 40 – 70 |
| Density (g/cm³): | 8.96 |
| Melting Point (°C): | ~1085 – 1088 |
| Thickness (mm): | 1 – 100 |
| Width (mm): | 100 – 2000 |
| Surface Finish: | Mill Finish, Anodized, Polished |
| Weldability: | Excellent |
| Corrosion Resistance: | High (particularly when coated or anodized) |
| Thermal Conductivity (W/m·K): | ~390
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Applications
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