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ChinaQuarter 1, 2025:
The start of 2025 continued the recovery trend with a $10,081/mt Ex-Shanghai increase, translating to a 3.44% rise. The market seems to be settling into a steady upward path, possibly reflecting balanced fundamentals, with consistent demand from key sectors like renewable energy, EV manufacturing, and infrastructure. The price increase may have been supported by continued global investment in clean energy technologies, increased demand for electric vehicle components, and steady construction activity. Supply side constraints likely remained a concern, though perhaps less acute than earlier in 2024, contributing to a balanced but firm upward price trend.
Quarter 4, 2024:
In the final quarter of 2024, prices rebounded with an increase of $9,746/mt Ex-Shanghai with 0.89%, signaling a recovery in demand or renewed supply concerns. This recovery suggests that the Q3 dip may have been temporary or over-corrected. The market may have stabilized on the back of year-end industrial demand or expectations of tighter supply entering 2025.
Q3 2024
After two strong quarters, copper wire prices corrected in Q3, declining by $9,660/mt Ex-Shanghai with 3.44%. This drop is likely to represent a market adjustment following the rapid gains earlier in the year. The correction could have been driven by easing supply fears, lower seasonal demand, or broader economic cooling. It underscores the commodity market’s sensitivity to short-term changes in both supply chains and macroeconomic signals.
Q2 2024
The bullish momentum accelerated significantly in Q2, with prices jumping $10,004/mt Ex-Shanghai, a substantial 16.48% increase. This sharp rise suggests a surge in demand or a significant tightening in supply. Factors such as global electrification initiatives, increased manufacturing output, or concerns over copper mining disruptions may have played a role in pushing prices sharply higher during this period.
Q1 2024
Copper wire prices saw a healthy increase of $8,589/mt Ex-Shanghai, marking a 3.55% rise. This upward trend likely reflected strong demand at the beginning of the year, possibly driven by infrastructure projects, recovering industrial activity, or anticipated supply constraints. The moderate percentage gain indicated steady market confidence without extreme volatility. Production capacity and export efficiency helped maintain a stable market. The increase in prices, while modest, reflected a healthy demand-supply balance and set a solid foundation for future growth in the copper wire sector throughout the year.
Q1 2025
India entered the new year on a positive note in Q1 2025, recording a solid price increase of $10,774/MT Ex-Bhiwandi, which translates to a 4.93% growth. This steady rise indicated strengthening economic fundamentals, renewed industrial momentum, and a more optimistic market outlook. The growth could be attributed to increased activity in key sectors such as infrastructure, steel, and energy, coupled with improving global trade conditions. Rising consumer and business confidence likely contributed to stronger domestic demand. This quarter’s performance suggested a healthy recovery path and hinted at sustained momentum heading into the remainder of 2025.
Q4 2024
The final quarter of 2024 brought signs of recovery, as prices increased slightly by $10,267/MT Ex-Bhiwandi, amounting to a 0.81% gain. While the growth was modest, it marked a return to positive territory and suggested early signs of market stabilization. This improvement might have been driven by year-end demand, inventory replenishment, or seasonal buying cycles. Businesses likely resumed procurement after holding back in Q3, while confidence in economic fundamentals began to restore. This quarter set the stage for a potentially stronger start in 2025, as it helped reverse the negative sentiment from the previous decline.
Q3 2024
In a clear shift from the previous quarter, Q3 2024 experienced a substantial downturn, with prices dropping by $10,185/MT Ex-Bhiwandi, representing a 4.61% decline. This correction could have been driven by multiple factors including market saturation, reduced procurement due to high inventory levels, or easing of international demand. It may also reflect a natural correction following the sharp rise in Q2. External factors such as geopolitical uncertainties, global commodity price cooling, or currency fluctuations may have influenced the decline. The market sentiment during this period turned cautious, with buyers and suppliers taking a more conservative approach.
Q2 2024
The second quarter of 2024 witnessed a significant surge in prices, with an increase of $10,677/MT Ex-Bhiwandi, marking a strong 15.94% rise the highest quarterly gain in the period under review. This sharp upswing likely stemmed from a combination of strong industrial demand, possible supply constraints, and favorable global pricing trends. Seasonal factors, such as increased infrastructure projects post-monsoon and higher energy demand, may have also contributed. Additionally, supportive government policies or increased export activity might have played a role in fueling this sharp increase. The market sentiment during this quarter was notably bullish.
Q1 2024
India began the year 2024 with a moderate upward trend, as prices increased by $9,210/MT Ex-Bhiwandi, reflecting a 1.38% growth. This modest rise indicated a stable and balanced market environment, likely supported by consistent domestic demand across sectors such as construction, infrastructure, and manufacturing. The quarter did not exhibit any extreme volatility, suggesting that both supply and demand were relatively aligned. This stability may also have been influenced by broader macroeconomic indicators, such as steady GDP growth, controlled inflation, and moderate commodity import activity.
PriceWatch is your trusted resource for tracking global copper wire price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the copper wire 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 wire prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely copper wire market data.
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Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Copper wire is a high-conductivity, malleable metallic wire that is widely used across various industrial and consumer applications. It is manufactured through the extrusion of high-purity copper is utilized in electrical, telecommunications, automotive, and construction industries due to its excellent electrical conductivity, formability, and corrosion resistance. Copper wire is available in various gauges and is typically wound into coils or packaged in reels for shipping and handling.
Packaging Type
Grades Covered
Incoterms Used
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 | Typical Value / Range |
| Material | Electrolytic Tough Pitch Copper (ETP), >99.9% Cu |
| Standard | ASTM B3 / IS 8130 / IEC 60228 |
| Diameter Range | 0.2 mm – 8 mm (custom sizes available) |
| Conductor Type | Solid |
| Tensile Strength | 200 – 250 MPa |
| Elongation | ≥ 20% |
| Electrical Conductivity | ≥ 100% IACS |
| Resistivity | ≤ 0.017241 ohm·mm²/m at 20°C |
| Annealing Temperature | 250°C – 450°C |
Applications
Copper wire prices are driven by:
Global Copper Prices
Copper wire is made from refined copper, so its price is directly linked to LME copper prices.
Supply & Demand
High global demand (especially from construction, power, and EV sectors) drives prices up.
Cost of Raw Copper
Fluctuations in the cost of copper cathodes or scrap copper directly affect wire pricing.
Energy Costs
Copper smelting and wire drawing are energy-intensive; rising electricity or fuel prices increase costs.
Labor & Manufacturing Costs
Wages, automation levels, and production efficiency impact the final cost of copper wire.
Copper wire is essential for a wide range of industries, including construction, electronics, automotive, and energy. When copper wire prices rise, the costs of products dependent on copper wires such as electrical systems, vehicles, and appliances—also increase. This price escalation can contribute to inflationary pressures across multiple sectors of the economy.
PriceWatch offers:
• Real-time copper wire pricing and trend analysis
• Market outlook reports
• Risk insights based on global events and policies
• Weekly pricing assessments and procurement intelligence tools
Some of the key benefits of using PriceWatch include:
Real-time Data: Access to up-to-date market intelligence and data on commodity supply chains.
Expert Analysis: Insights from industry experts to interpret market trends and identify potential risks.
Risk Assessment: Tools to assess supply chain vulnerabilities and develop mitigation strategies.
Benchmarking: Comparisons of commodity prices and sourcing practices to optimize procurement decisions.
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