Copper Wire Pricing & Cost – Camden & COMEX Copper Price Index

COMEX Copper Futures

The Price of Copper Wire

Copper prices are widely regarded as an economic indicator, often signaling global growth or potential downturns. This is due to copper’s extensive use across industries, including power generation, construction, manufacturing, and electronics. As seen in the chart above, copper wire prices have fluctuated throughout history, influencing both industrial buyers and commodity traders.

Multiple factors impact copper wire pricing, including supply chain disruptions, mining production, geopolitical events, and industrial demand. The copper wire price index helps track these fluctuations, providing businesses with key insights for budgeting and purchasing.

In the Camden vs. COMEX copper pricing comparison, Camden prices tend to be higher due to processing costs. The Omega Camden Copper Index—updated twice a month—reflects pricing after the copper has been drawn into wire, while COMEX prices reflect raw copper. If you're looking for the most recent Camden copper price, refer to our updates to stay informed.

With its high volatility and strong liquidity, copper remains a major focus for traders. Extraction and transportation costs, along with shifting supply-demand balances, directly impact costs. Whether you're tracking the cost of copper wire or comparing copper cable prices, staying updated on these fluctuations is essential.

Sustainability and the Future of Copper

As global sustainability efforts continue to grow, the demand for copper is expected to rise significantly. Copper is a key material in green technologies, including electric vehicles (EVs), renewable energy systems, and energy-efficient infrastructure. The push for electrification and decarbonization will drive increased usage in wind and solar power, EV charging networks, and smart grids. The growing demand for copper is estimated to reach 427 million metric tons by 2050.

At Allied Wire & Cable, a GCG company, we provide our customers with quality copper at competitive prices. By leveraging our expertise and supplier relationships, we secure the best pricing and reliable supply. Whether you need copper wire price charts for analysis or a direct quote on copper cable price, we help you navigate market changes to get the best value.

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Camden Copper Prices

Year	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
1/1	1.7	2.38	3.1	3.3	1.66	3.6	4.64	3.72	3.94	3.775	3.21	2.48	2.84	3.63	3.03	3.20	3.98	4.45	3.80	3.88	4.23
1/16	1.65	2.39	2.84	3.48	1.7	3.63	4.69	3.93	3.925	3.74	2.95	2.28	3.02	3.63	3.01	3.24	4.05	4.41	4.21	3.77	4.44
2/1	1.68	2.46	2.83	3.55	1.73	3.32	4.74	4.085	4.03	3.555	2.87	2.41	3.06	3.53	3.15	2.89	4.03	4.32	4.11	3.85	4.27
2/16	1.7	2.42	2.91	3.78	1.8	3.35	4.82	4.095	4.04	3.655	2.96	2.37	3.08	3.59	3.16	2.98	4.26	4.51	4.05	3.84
3/1	1.71	2.41	2.99	4.11	1.79	3.54	4.77	4.165	3.835	3.57	3.06	2.47	3.05	3.45	3.31	2.92	4.56	4.65	4.09	3.86
3/16	1.71	2.48	3.23	4.11	1.81	3.58	4.42	4.19	3.815	3.345	3.02	2.58	2.99	3.46	3.26	2.85	4.61	4.58	3.86	4.13
4/1	1.72	2.71	3.4	4.13	2.1	3.82	4.59	4.12	3.705	3.38	3.09	2.53	2.99	3.37	3.29	2.62	4.46	4.68	4.10	4.05
4/16	1.68	3.09	3.78	4.16	2.47	3.87	4.54	3.92	3.59	3.35	3.07	2.50	2.91	3.42	3.29	2.69	4.16	4.71	4.11	4.30
5/1	1.71	3.56	3.79	4.2	2.32	3.61	4.46	4.13	3.5	3.36	3.23	2.62	2.94	3.05	3.26	2.73	4.52	4.25	3.87	4.54
5/16	1.64	4.1	3.79	4.03	2.3	3.4	4.27	3.82	3.58	3.495	3.29	2.42	2.87	3.39	3.11	2.71	4.65	4.23	3.74	4.88
6/1	1.72	3.95	3.65	3.9	2.47	3.37	4.46	3.66	3.61	3.47	3.10	2.44	2.92	3.40	3.01	2.80	4.66	4.33	3.61	4.67
6/16	1.82	3.55	3.68	3.86	2.55	3.28	4.41	3.68	3.515	3.365	3.00	2.44	2.91	3.49	3.00	2.95	4.53	4.16	3.89	4.50
7/1	1.77	3.71	3.73	4.17	2.53	3.21	4.56	3.79	3.36	3.52	2.97	2.54	3.04	3.30	3.07	3.09	4.30	3.71	3.74	4.42
7/16	1.84	4.07	3.89	4.0	2.65	3.28	4.7	3.8	3.47	3.57	2.88	2.58	3.03	3.12	3.08	3.25	4.33	3.23	3.92	4.45
8/1	1.9	3.85	3.92	4.0	2.89	3.58	4.76	3.715	3.43	3.56	2.71	2.57	3.23	3.17	3.03	3.25	4.48	3.55	3.99	4.08
8/16	1.98	3.8	3.64	3.62	3.11	3.52	4.32	3.65	3.65	3.43	2.71	2.50	3.23	2.90	2.95	3.25	4.38	3.63	3.72	4.14
9/1	1.91	3.71	3.67	3.71	3.08	3.63	4.48	3.75	3.54	3.47	2.68	2.41	3.42	3.00	2.90	3.42	4.26	3.41	3.77	4.09
9/16	1.89	3.56	3.65	3.46	3.1	3.73	4.23	4.15	3.52	3.415	2.78	2.50	3.27	2.97	3.05	3.45	4.24	3.56	3.76	4.27
10/1	2.01	3.7	3.89	3.16	3.07	3.92	3.44	4.07	3.635	3.34	2.69	2.55	3.28	3.13	2.93	3.42	4.09	3.44	3.73	4.58
10/16	2.07	3.64	3.92	2.49	3.12	4.11	3.7	4.01	3.61	3.34	2.77	2.45	3.46	3.13	2.97	3.47	4.73	3.45	3.58	4.36
11/1	2.11	3.58	3.73	2.11	3.22	4.01	3.92	3.82	3.6	3.39	2.66	2.55	3.43	3.01	3.00	3.44	4.37	3.51	3.65	4.37
11/16	2.24	3.33	3.34	1.96	3.22	4.2	3.79	3.76	3.485	3.39	2.52	2.85	3.39	3.10	3.00	3.57	4.45	3.78	3.74	4.12
12/1	2.28	3.42	3.42	1.88	3.42	4.1	3.85	3.925	3.54	3.19	2.39	2.97	3.38	3.13	3.04	3.82	4.24	3.81	3.93	4.13
12/16	2.35	3.25	3.2	1.65	3.39	4.41	3.55	3.96	3.66	3.23	2.3950	2.94	3.38	3.11	3.15	3.96	4.17	3.76	3.85	4.19

Camden vs COMEX Copper Pricing

In the Wire and Cable Industry, there are two indexes that are primarily referred to, the COMEX Copper Index and the Omega-Camden Copper Index.

The COMEX (Commodities Exchange) Index is a well-known division of the New York Mercantile Exchange (NYMEX) and focuses on the trade of metals such as high-grade copper, gold, and silver. Updated on a daily basis, COMEX can predict future commodity prices. This index gives us the price of globally traded larger diameter copper produced by mines, also referred to as the “rod” price.

The International Wire Group, a manufacturer of a wide range of copper wire supplied the Omega-Camden Copper Index. This index prices copper after it’s been drawn down to size, rather than in its raw form. Rod copper is pulled through a series of dies during the drawing process, which stretches the copper out into a longer, thinner strand. These strands are bunched together to form a single-stranded conductor in the end.The Omega-Camden Index is only updated twice a month.

Prices from the COMEX Index will always be lower than the Camden Index because it is based only on the cost of the source copper. Since the Camden Copper Index includes processing costs, it is usually about 0.15 to 0.20 cents per pound higher than the COMEX Index. Both of these indexes are reputable and reliable sources for copper pricing.

Copper Uses

Today, copper is the best non-precious metal conductor of electricity. Used in power cables, generators, motors, transformers, and extensively in the manufacture of electronics and electrical components. Copper also has decorative as well as practical uses as pipes and wiring in houses and buildings with other uses including automotive applications, industrial machinery, vehicles and coins.

Copper moves around the world in a variety of forms such as copper ore, raw copper, refined copper and copper wire. There are five countries that sit on roughly 65% of the world’s copper deposits, including Chile, Australia, Peru, Mexico, and the United States. Roughly 700 million metric tons of copper have been mined and an estimated 2.1 billion tons of identified deposits remain in the ground, while undiscovered deposits are estimated to be around 3.5 billion tons.

During periods of high prices, users often turn to aluminum and other substitutes replacing copper in radiators, cooling and refrigeration tubes, electrical equipment and power cables. Optical fiber can be used as a copper replacement in telecommunication equipment, while plastic is a replacement in pipes and plumbing.

Frequently Asked Questions (FAQs)

What is the current copper wire price?

Copper wire prices fluctuate based on supply, demand, and market conditions. For the latest Camden Copper Price and COMEX Copper Index, check our updated pricing charts above.

How is copper wire pricing determined?

Copper pricing depends on:

Market indexes (e.g., COMEX vs. Camden Copper Pricing)
Manufacturing & processing costs
Global supply chain & mining production
Industrial demand & economic trends

Why is Camden Copper Pricing higher than COMEX?

The Camden Copper Index includes processing costs since it prices copper after it has been drawn into wire. In contrast, COMEX prices raw copper, making it cheaper than Camden prices.

Where can I find historical copper wire price charts?

Our Copper Price Index & Chart provides historical trends for copper wire costs. View past and current pricing above to track fluctuations over time.

How can I get the best price on copper wire?

To secure the best copper cable price, consider:

Bulk purchasing for lower rates
Comparing COMEX & Camden pricing trends
Watching for supply chain updates