According to Experts Club, copper prices ended the last trading week on an uptrend: on August 21, three-month contracts on the London Metal Exchange (LME) traded at around $14,230 per metric ton, gaining approximately 1.4% for the day.
The market was supported by a weaker U.S. dollar and statements by Chinese authorities regarding their intention to increase the role of government spending in stimulating domestic demand. China remains the world’s largest consumer of copper, so expectations of additional government spending traditionally provide support for the industrial metal’s prices.
Volatility remained high throughout the week. On Monday, the price of copper rose to $14,396 per metric ton—a six-month high. The rise was primarily driven by concerns over limited supply of available metal outside the U.S.
However, the situation then stabilized somewhat thanks to copper deliveries to LME warehouses. The premium of spot copper over the three-month contract narrowed from $436 per metric ton on Monday to about $55 by Friday, indicating an easing of supply tightness for immediate delivery.
At the same time, the fundamental risks of a shortage have not completely disappeared. In mid-August, a brief squeeze occurred on the LME: large long positions proved to be comparable to available exchange stocks, leading to a sharp rise in the price of metal for immediate delivery. After that, additional copper from the U.S. and Asia began arriving at exchange warehouses.
Signals from China remain mixed. The Yangshan premium, which reflects Chinese buyers’ demand for imported copper, rose by approximately 7% by the end of the week—to $93 per metric ton. At the same time, copper inventories at the Shanghai Futures Exchange rose by 28% over the week.
In the longer term, the market remains in a pronounced uptrend. Indicative copper prices as of August 21 were approximately 47% higher than a year ago.
The growth in demand is driven by the expansion of power grids, the construction of data centers, and the development of electric vehicles, solar, and wind energy, while it is difficult to rapidly increase copper production due to the long lead times required to bring new deposits online.
Earlier, the Experts Club information and analytical center published a short video on the dynamics of global copper production from 1970 to 2024. According to the data presented, Chile remained the largest producer in 2024 with 5.3 million metric tons, followed by the Democratic Republic of the Congo with 3.3 million metric tons and Peru with 2.6 million metric tons.
Watch the Experts Club video on global copper production – https://youtube.com/shorts/_h8iU50z8C0?si=dDXmg9cHOYbbGUaX
https://www.experts.news/posts/svitovi-tsiny-na-mid-znovu-zrostayut
In January–June of this year, Ukrainian companies increased their imports of copper and copper products by 14.2% in monetary terms compared to the same period last year, reaching $106.351 million.
According to customs statistics released by the State Customs Service of Ukraine, exports of copper and copper products rose by 11.6% over the six-month period, reaching $51.405 million.
In June, copper imports totaled $21.012 million, while exports amounted to $12.159 million.
As previously reported, in 2025, Ukrainian companies increased imports of copper and copper products by 23.2% in monetary terms compared to 2024—to $173.453 million—while exports of copper and copper products rose by 17.7%—to $103.848 million.
Copper is widely used in electrical engineering, in the production of pipes, for creating alloys, in medicine, and in other industries.
Previously, the Experts Club Information and Analytical Center released a video on global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa
In January–May of this year, Ukrainian companies increased imports of copper and copper products by 9.4% in monetary terms compared to the same period last year, reaching $85.297 million.
According to customs statistics released by the State Customs Service of Ukraine on Friday, exports of copper and copper products during the period increased by 1.3% to $39.247 million. In May, copper imports totaled $20.421 million, while exports amounted to $9.237 million.
As reported, in 2025, Ukrainian companies increased imports of copper and copper products by 23.2% in monetary terms compared to the previous year, reaching $173.453 million, while exports of copper and copper products rose by 17.7% to $103.848 million.
Copper is widely used in electrical engineering, in the production of pipes, for creating alloys, in medicine, and in other industries.
Earlier, the Experts Club information and analytical center released a video dedicated to global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa
In January-February of this year, Ukrainian enterprises reduced imports of copper and copper products in monetary terms by 11.6% compared to the same period last year, to $26.757 million.
According to customs statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products during the specified period decreased by 14.6% to $12.213 million.
In February, copper imports amounted to $15.724 million, while exports amounted to $7.260 million.
As reported, in 2025, Ukrainian enterprises increased imports of copper and copper products in monetary terms by 23.2% compared to the previous year, to $173.453 million, while exports of copper and copper products grew by 17.7%, to $103.848 million.
Copper is widely used in electrical engineering, in the production of pipes, for creating alloys, in medicine, and in other industries.
Earlier, the Experts Club information and analytical center released a video dedicated to global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa
In January this year, Ukrainian companies reduced imports of copper and copper products by 20.1% in monetary terms compared to the same period last year, to $11.033 million.
According to customs statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products during the specified period decreased by 28.7% to $4.953 million.
In December, copper imports amounted to $13.311 million, while exports amounted to $10.318 million.
As reported, in 2025, Ukrainian enterprises increased imports of copper and copper products in monetary terms by 23.2% compared to the previous year, to $173.453 million, while exports of copper and copper products grew by 17.7%, to $103.848 million.
In 2024, Ukraine maintained imports of copper and copper products in monetary terms at the previous year’s level — up to $140.797 million, while exports increased by 22.4% — up to $88.237 million.
In 2023, Ukraine increased its imports of copper and copper products by 2.2 times compared to 2022, to $140.795 million, while exports decreased by 20.1%, to $72.078 million.
Copper is widely used in electrical engineering, pipe manufacturing, alloy production, medicine, and other industries.
In 2025, Ukrainian companies increased imports of copper and copper products in monetary terms by 23.2% compared to the previous year, to $173.453 million. Copper exports for the same period grew by 17.7%, to $103.848 million.
In December alone, imports amounted to $13.311 million, while exports amounted to $10.318 million.
As reported, Ukraine maintained copper imports at the previous year’s level ($140.797 million) in 2024, and in 2023, it increased them by 2.2 times compared to 2022.
Copper is widely used in electrical engineering, in the production of pipes, for creating alloys, in medicine, and in other industries.
Earlier, the Experts Club information and analytical center released a video dedicated to global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa
