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Copper Rod Price Trend and Forecast

UNSPC code: 11101907
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

copper rod Price Trends by Country

inIndia
cnChina
usUnited States
gbUnited Kingdom

copper rod Pricing Trends in India: 

  • Northern India copper rod market price trend
  • Southern India copper rod market price trend
  • Central India copper rod market price trend

Global copper rod Price Trend, Analysis and Forecast​

Copper Rod Price Trend Q3 2025

In the third quarter of 2025, the global copper rod market saw a slight price increase of 1-2% from the second quarter. This price increase has primarily been due to steady demand for electrical and construction applications, coupled with tightness in the refined copper supply. The price trend signals robust investment in renewable energy, electric vehicle infrastructure, and electrical grid upgrades, particularly in Asia and North America.

Given the continued macroeconomic uncertainty and fluctuating energy prices that affect the demand outlook, ongoing strong consumption in the downstream has been supportive along with some restocking activity.

Further, in China, marginal production constraints, coupled with environmental regulations, also provided some supply-side constraints that added to the price improvement. While the price increase has been modest, it reflects a certain degree of resiliency in the copper rod segment, despite the somewhat negative industrial outlook across a broader market perspective.

China

According to PriceWatch, the copper rod price trend in China during Q3 2025 demonstrated a consistent upward movement, reflecting a near 2% increase in the market from the previous quarter. The Copper Rod price has been buoyed by steady domestic demand from the construction and electrical industries, along with tightening supply driven by maintenance shutdowns around key smelters and limited supply of scrap.

In September 2025, Copper rod prices in China increased by 1.5% as manufacturing activity rebounded from an earlier slowdown, increases in raw material prices, firm demand, and ongoing infrastructure and green energy investments supported consumption growth while sustaining positive price momentum.

Furthermore, prices of copper on a global scale remained firm due to supply concerns in some of the major producing countries and a weakening U.S. dollar, which made copper relatively attractive for buying.

India

According to PriceWatch, the copper rod price trend in India during Q3 2025 showed a modest upward trajectory, with prices increasing by approximately 0.5% compared to Q2 2025. This growth was largely supported by steady demand from the power and construction sectors, coupled with tight supply conditions due to ongoing global disruptions in copper ore mining.

In September 2025, the Copper Rod prices in India have increased by 0.3%, driven by increased procurement activity ahead of festive infrastructure projects and a slight uptick in global copper futures.

Additionally, the depreciating rupee added to the import cost of raw copper, indirectly pushing domestic prices higher. While the overall quarterly increase remained moderate, market sentiment was cautiously optimistic, anticipating further firming of prices in the coming months.

USA

According to PriceWatch, the copper rod price trend in the U.S. market increased consistently throughout the third quarter of 2025, resulting in an overall price increase of roughly 2% (compared to second quarter 2025). This price increase has mainly been driven by continuing demand from the construction and electrical industries and a tight supply due to planned maintenance at smelters and lower levels of imports.

The Copper Rod price experienced upward pressures from robust prices associated with global copper cathode pricing and rising prices of rear commodities related to energy use in the production process. In the U.S. market, Copper Rod prices rose about 0.2% in September, in small part due to a recovering market following the typically quiet summer holiday period, even though some stresses were felt on the demand side.

Continued strong prices for scrap copper helped to support pricing stability on the supply side, and market optimism was supported by continued macroeconomic stability, subdued inflation, and steady manufacturing data.

Germany

In Q3 of 2025, the Copper Rod price trend in Germany indicated a slight upward trend overall, growing approximately 2% in comparison to Q2 of 2025. The increase in prices was attributed to ongoing demand from the construction and electrical industries, as well as a continued concentrated supply of copper across the globe from significant mining disruptions in dominant production regions.

The Copper Rod price in Germany showed a marginal increase in September 2025 of around 0.2%, suggesting a continuation of stable industrial activity, as well as slightly increased energy input costs influencing copper rod production. Also, the consistent demand for copper-based products was reinforced by increased investment in renewable energy projects and electric vehicle construction.

Overall, while there were some peaks and troughs during Q3 with raw copper pricing globally, the German market remained relatively insulated due to domestic consumption. In addition, there was a slight uptick in export orders.

Copper Rod Price Trend Analysis: Q2 2025

According to the PriceWatch, Copper rod prices rose by $10739 per metric ton Ex-Shanghai, up 1.49%, reflecting a tightening Asian market amid robust domestic demand. This surge is largely driven by downstream stockpiling and export shifts triggered by looming U.S. tariffs particularly under the Section 232 investigation which have spurred arbitrage flows into the U.S. and drained physical inventories in China.

The copper market continues to respond to shifting global trade dynamics, with strong domestic demand, tightening supply, and international policy changes contributing to ongoing price volatility and inventory pressures.

Copper Rod Price Trend Analysis: Q1 2025

In the first quarter of 2025, copper rod prices saw a notable upswing, climbing by $10,581 per metric ton Ex-Shanghai a 1.37% increase compared to the previous quarter. This surge reflects stronger market fundamentals, including tighter supply conditions and steady demand from the construction and electrical sectors.

The price momentum was also fueled by improved investor sentiment and ongoing infrastructure developments in key regions, which kept the buying interest robust. Overall, Q1 marked a bullish phase for copper rods, with the upward trend signaling a healthy start to the year for the copper industry.

Copper Rod Price Trend Analysis: Q4 2024

In Q4 2024, the global copper rod market saw a notable upward trend, driven by increasing demand and production in key markets. In China, copper rod prices experienced a rise of approximately 3% due to stronger industrial demand, particularly in the electrical and construction sectors following the National Day holiday. Similarly, in India, prices also showed an increase, with a 4% rise attributed to higher demand for copper rods in infrastructure development and electrical applications.

Both the USA and the UK saw parallel growth in copper rod prices, with the USA observing a 2% increase driven by tightening supply conditions and a rebound in manufacturing activities, while the UK benefited from a boost in industrial demand and restocking efforts. Overall, these trends reflected a global recovery in demand across several industries, strengthening market confidence in copper rod prices for the quarter.

Copper Rod Price Trend Analysis: Q3 2024

In Q3 2024, the global copper rod market experienced a decline across major regions, including China, India, the USA, and the UK. Prices in China saw a decrease as demand weakened amid a slowdown in industrial activity and high inventory levels, with a 6% drop compared to Q2. Similarly, India’s copper rod market faced a 5% decrease, driven by lower import costs and reduced domestic consumption.

The USA and the UK also saw price reductions of 8% and 4%, respectively, reflecting lower demand from key sectors such as construction and automotive, combined with continued weak performance in copper scrap markets. The overall downward trend was a result of global economic uncertainty, weaker industrial growth, and concerns over reduced manufacturing activity, impacting both supply and demand dynamics.

Copper Rod Price Trend Analysis: Q2 2024

In Q2 2024, the copper rod market saw upward price movements across key global regions, with notable increases in China, India, the USA, and the UK. In China, rising demand for copper rod, driven by industrial growth and seasonal demand spikes, led to a steady price increase. Similarly, India experienced a surge in copper rod prices due to growing demand in the electrical and construction sectors.

Both the USA and UK saw price rises as well, supported by increased demand for copper rod in the automotive, telecommunications, and energy industries. This combined global trend reflected stronger market fundamentals, with tightening supply chains and heightened manufacturing activity pushing prices higher across these regions.

Copper Rod Price Trend Analysis: Q1 2024

In Q1 2024, the global copper rod market exhibited a notable upward trend, driven by robust demand from key sectors such as construction, electronics, and renewable energy. China, as the largest producer and consumer, experienced a significant increase in copper rod prices due to heightened industrial activity and infrastructure investments aligned with its economic growth initiatives.

Similarly, India, the USA, and the UK reported rising trends in copper rod prices, spurred by expanding manufacturing, infrastructure projects, and the adoption of green technologies. The synchronized increase across these regions underscores the growing importance of copper in global economic development and the transition toward sustainable energy solutions.

India copper rod Price Trend, Analysis and Forecast

Copper Rod Price Trend Analysis: Q1 2025

In the first quarter of 2025, copper rod prices saw a notable upswing, climbing by $11392 per metric ton Ex- Mumbai a 4.72% increase compared to the previous quarter. This surge reflects stronger market fundamentals, including tighter supply conditions and steady demand from the construction and electrical sectors.

The price momentum was also fueled by improved investor sentiment and ongoing infrastructure developments in key regions, which kept the buying interest robust. Overall, Q1 marked a bullish phase for copper rods, with the upward trend signaling a healthy start to the year for the copper industry.

Copper Rod Price Trend Analysis: Q2 2025

According to the PriceWatch, in contrast, copper rod prices fell by $11226 per metric ton,  Ex-Mumbai dropped by 1.60% in Q2 2025. Domestic curbs and import duties have dampened price momentum. India’s government, protecting local producers such as Hindalco and Vedanta, enforced quality control import restrictions and maintained elevated tariffs (increased from 7.5% to 10%), limiting raw material inflows.

Copper Rod Price Trend Analysis: Q1 2024

In Q1 2024, the Indian copper rod market witnessed a noticeable uptick, with prices increasing by $9,832 per metric ton, Ex-Mumbai marking a 1.29% rise compared to the previous quarter. This upward trend was largely driven by strong demand from the power and infrastructure sectors, coupled with steady growth in the automotive and electronics industries.

Domestic consumption remained healthy, and while global copper supply faced some tightening, Indian manufacturers showed resilience in meeting local requirements. The price hike also reflected the broader bullish sentiment in the global copper market, where expectations of future demand and investment in green technologies continued to support higher valuations.

Copper Rod Price Trend Analysis: Q2 2024

In Q2 2024, the price of copper rods in India witnessed a significant surge, rising by $11,308 per metric ton  Ex-Mumbai a sharp 15% increase compared to the previous quarter. This upward trend was primarily driven by robust demand from the electrical and construction sectors, coupled with tightening global supply amid continued geopolitical tensions and mining disruptions in key producing regions.

Domestic manufacturers also faced increased input costs, which further contributed to the price hike. The market sentiment remained bullish throughout the quarter, with many buyers front-loading purchases in anticipation of further price escalations.

Copper Rod Price Trend Analysis: Q3 2024

In Q3 2024, India witnessed a notable decrease in copper rod prices, dropping by $10,791 per metric ton, Ex-Mumbai which marks a 4.38% decline compared to the previous quarter. This downward trend can be attributed to a combination of softer demand from key sectors like construction and electrical manufacturing, along with improved global supply conditions that helped ease raw material costs.

Additionally, reduced LME copper prices during this period influenced domestic rates, making copper rods more affordable for Indian manufacturers. The price drop provided a temporary breather for industries reliant on copper inputs, potentially encouraging inventory buildup and forward purchasing strategies.

Copper Rod Price Trend Analysis: Q4 2024

In Q4 2024, the price of copper rod in India witnessed a notable increase of $10,878 per metric ton, Ex-Mumbai marking a 5.10% rise compared to the previous quarter. This upward movement was largely driven by improved demand from the domestic electrical and construction sectors, as infrastructure activities picked up pace toward the year-end.

The festive season in India also played a role in boosting industrial activities, further pushing demand for copper rods. Overall, the quarter reflected positive market sentiment with prices responding to both local and international cues.

Global copper rod Supply Chain

Upstream
  • Copper Ore
Downstream
  • Copper Rod (Electronics, Electricals, Construction, Automotive and industrial)
Major supplying countries
  • China
Major importing countries
  • Germany
  • USA
  • India

India copper rod Supply Chain

Upstream
  • Copper Ore
Downstream
  • Copper Rod (Electronics, Electricals, Construction, Automotive and industrial)
Major supplying countries
  • China
Major importing countries
  • Germany
  • USA
  • India

Technical Specifications of Copper Rod Price Trends

Molecular Weight[g/mol]

CAS No

HS Code

7407

Molecular Formula

copper rod

Copper rods are long, cylindrical bars of copper metal, typically used in electrical, construction, and industrial applications. They are produced by drawing copper through a die or rolling it into rods. Copper rods are highly conductive and corrosion-resistant, making them ideal for electrical and electronic applications.

Packaging Type

Container

Copper Rod Grades Covered

ETP 11000-20mm, ETP C12000-20mm, ETP C110-20mm,

Incoterms Used

Ex-Shanghai, Ex-Mumbai, Del Alabama, FD-Willich

Synonym

Copper Wire Rod, Copper Alloy Rod

PriceWatch Quotation Terms:

20-25 MT

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 
Copper Content (%)  ≥ 99.9 (high purity) 
Yield Strength (MPa)  210 – 240 (minimum) 
Tensile Strength (MPa)  270 – 350 
Elongation (%)  ≥ 35 (for 200mm gauge length) 
Hardness (HRB)  30 – 40 
Density (g/cm³)  8.96 
Modulus of Elasticity (GPa)  110 
Melting Point (°C)  ~1083 
Diameter (mm)  6 – 20 (common range) 
Surface Finish  Bright, polished 
Conductivity (%) IACS  ≥ 100 
Corrosion Resistance  High (resistant to oxidation) 
Thermal Conductivity (W/m·K)  ~400 at 20°C 

Copper Rod Industrial Applications

  • Electrical Wiring: Electrical conductors, cables, transformers
  • Construction: Plumbing pipes, heating systems
  • Automotive: Electrical components, radiators
  • Industrial: Manufacturing machinery, components requiring high conductivity
  • Consumer Goods: Electronic devices, connectors, and terminals

Historically, several events have caused significant fluctuations in Copper Rod prices

  • Global Supply Chain Disruption (2022): Geopolitical events, such as the war in Ukraine, disrupted copper production and supply chains, resulting in volatility and price fluctuations.
  • Global Economic Downturn (2019-2020): The global economic slowdown, particularly in the automotive and construction sectors, led to reduced demand for copper rods, resulting in lower prices.
  • COVID-19 Pandemic (2019-2020): The pandemic severely impacted demand for copper rods, particularly in construction and manufacturing sectors, causing prices to drop.

These events highlight the vulnerability of the copper rod market to global disruptions and emphasize the importance of monitoring supply-demand dynamics closely.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global copper rod price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the copper rod market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

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 rod prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely copper rod market data.

Track PriceWatch's copper rod price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from global commodity exchanges, industry reports, and proprietary databases, ensuring assessments reflect current market conditions.
  • On-the-Ground Intelligence: We gather insights from key market participants, including producers, suppliers, traders, and end-users, across major copper rod production hubs to understand localized dynamics.
  • Supply Chain Monitoring: PriceWatch tracks the entire copper rod supply chain, from raw material availability to distribution channels, including feedstock prices and logistics.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch monitors geopolitical developments, such as trade conflicts, which can disrupt copper production and affect global prices.
  • Natural Disasters and Climate Events: We assess the impact of natural disasters on copper rod production facilities and supply chains.
  • Economic Shifts: PriceWatch analyzes macroeconomic trends and their impact on copper rod demand, forecasting future shifts in pricing and demand.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We track global copper rod production facilities, assessing operational status, maintenance, and output levels to gauge current supply availability.
  • Future Capacity Projections: We provide detailed forecasts of upcoming copper rod production capacities, including plant expansions and technological advancements, to predict future market trends.

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch evaluates trends across key sectors, including construction, electrical, and automotive industries, to understand copper rod demand fluctuations.
  • Global Demand Dynamics: We monitor regional demand variations and how they influence global copper rod pricing.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast copper rod prices, incorporating real-time data, historical trends, and future market conditions.
  • Scenario Analysis: We conduct scenario-based assessments, providing insights into potential best-case, worst-case, and most likely market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Clients receive detailed reports with current price assessments, future forecasts, and an analysis of market drivers.
  • Ongoing Support: PriceWatch offers continuous updates and personalized support, ensuring clients stay informed of the latest developments in the copper rod market.

This methodology ensures PriceWatch provides the most accurate, actionable copper rod pricing assessments, helping clients navigate market trends and make informed business decisions.

Molecular Weight[g/mol]

CAS No

HS Code

7407

Molecular Formula

copper rod

Copper rods are long, cylindrical bars of copper metal, typically used in electrical, construction, and industrial applications. They are produced by drawing copper through a die or rolling it into rods. Copper rods are highly conductive and corrosion-resistant, making them ideal for electrical and electronic applications.

Packaging Type

Container

Grades Covered

ETP 11000-20mm, ETP C12000-20mm, ETP C110-20mm,

Incoterms Used

Ex-Shanghai, Ex-Mumbai, Del Alabama, FD-Willich

Synonym

Copper Wire Rod, Copper Alloy Rod

PriceWatch Quotation Terms:

20-25 MT

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 
Copper Content (%)  ≥ 99.9 (high purity) 
Yield Strength (MPa)  210 – 240 (minimum) 
Tensile Strength (MPa)  270 – 350 
Elongation (%)  ≥ 35 (for 200mm gauge length) 
Hardness (HRB)  30 – 40 
Density (g/cm³)  8.96 
Modulus of Elasticity (GPa)  110 
Melting Point (°C)  ~1083 
Diameter (mm)  6 – 20 (common range) 
Surface Finish  Bright, polished 
Conductivity (%) IACS  ≥ 100 
Corrosion Resistance  High (resistant to oxidation) 
Thermal Conductivity (W/m·K)  ~400 at 20°C 

Applications

  • Electrical Wiring: Electrical conductors, cables, transformers
  • Construction: Plumbing pipes, heating systems
  • Automotive: Electrical components, radiators
  • Industrial: Manufacturing machinery, components requiring high conductivity
  • Consumer Goods: Electronic devices, connectors, and terminals
Copper Rod Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for copper rod. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Production Costs: Increases in labor or material costs lead to higher prices for copper rod.

Supply and Demand: Price fluctuations occur based on market conditions.

Economic Growth: Demand from industrial sectors like construction and automotive affects copper prices.

Geopolitical Events: Political instability, conflicts, and trade issues can disrupt supply and affect pricing.

Natural Disasters: Weather events like hurricanes can impact copper rod production and availability.

Speculation: Financial markets and trading activities also impact copper prices.

Government Policies: Tariffs and regulations can affect supply and demand dynamics.

Feedstock prices, such as the cost of copper concentrate, directly impact copper rod pricing. A rise in feedstock prices typically leads to higher production costs and, consequently, an increase in copper rod prices.

Copper rod prices can contribute to inflation, particularly in industries that heavily rely on copper, such as construction and electronics. As copper prices rise, manufacturers may pass on these higher costs to consumers, leading to an increase in the general price level of goods and services.

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