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This is your Daily Copper Price Tracker with Vanessa Clark podcast.

Welcome back to the Daily Copper Price Tracker. I am Vanessa Clark, your guide to all things copper, where we break down the latest news, market trends, and practical insights that everyone from investors to industry professionals and curious listeners can use. Today is Friday, October twenty-fourth, twenty twenty-five, and it is an especially interesting moment for copper as global demand and prices both make headlines.

Let’s jump right into today’s copper price action. Copper prices are hovering near eleven thousand dollars per metric ton, which puts them within striking distance of the record highs set last year. According to TradingView and recent reports from Reuters, three-month copper futures on the London Metal Exchange were last seen at ten thousand eight hundred forty-one dollars per ton, after touching as high as ten thousand nine hundred sixty-nine earlier today. In India, copper futures for November delivery were trading at one thousand four rupees and fifteen paise per kilogram on the Multi Commodity Exchange, riding a wave of increased spot demand. In North America, the price of number one copper wire and tubing climbed to around four dollars and ninety cents per pound, following a weekly increase of over two percent. These rising prices reflect both tight supply and hungry global demand, with market analysts noting that despite some pullback from the peaks, momentum remains strong as investors anticipate further direction from next week’s United States Federal Reserve meeting.

So, what is driving this metal’s recent surge? Several factors are converging here. Copper is essential to vital industries like construction, electronics, energy infrastructure, and the automotive sector, especially as electric vehicles and renewable energy expand worldwide. Major copper miners like Antofagasta and Freeport-McMoRan reported production numbers for the third quarter this week. Antofagasta expects to end the year at the lower end of its output forecast, and Freeport-McMoRan saw a dip in its copper production due to a temporary shutdown at the Grasberg mine in Indonesia after a mudslide. When miners produce less and demand keeps rising, we all know what that means for prices.

Moreover, the global copper products market is set for robust growth, with MarketsandMarkets projecting the market to reach over six hundred forty-five billion dollars by twenty thirty-five. Asia-Pacific continues to dominate global copper demand, thanks to construction booms, expanding electronics manufacturing, and ambitious infrastructure projects in countries like China and India. Add to that new supply challenges, such as production hiccups and low inventory levels in both London and Shanghai warehouses, and you have the perfect recipe for a hot copper market.

Now, how does all this impact you? If you are involved in industries reliant on copper, buckle up for higher input costs and potential supply chain delays in the near term. For investors and traders, this volatile environment may offer opportunities, but tread carefully—a single central bank policy move or sudden uptick in mining activity can shift prices quickly. Everyday consumers can expect that higher copper prices filter through to electrical goods, construction materials, and even vehicle prices. Meanwhile, recyclers and scrap dealers are benefitting, as scrap copper prices have enjoyed a notable jump this week, reflecting both metals’ overall market strength and the accelerating push for sustainable, circular economies.

Here are a few actionable takeaways. First, if you are considering a big project or investment that relies on copper, factor in the potential for continued price volatility. Second, for those in the recycling industry, now could be an excellent time to move inventory given strong prices. And finally, keep an eye on global economic indicators, particularly shifts in monetary policy or fresh geopolitical developments, as these can dramatically alter copper’s price path.

That wraps up today’s episode of Daily Copper Price Tracker. I am Vanessa Clark. Thanks so much for joining me for this deep dive into the latest copper market news and prices. Don’t forget to subscribe, share with your friends, and tune in next time as we keep you updated with everything you need to know about copper’s journey around the world. Stay informed and stay connected—see you next time.

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