Copper Price in 2015

In 2015, the price of copper averaged $2.49 per pound, down 19.9% from the year before. This page covers the 2015 average, high, low, and year-end close, the events that moved the market, and what that copper would be worth in today's dollars.

2015 Average

$2.49

LME/COMEX annual average, USD/lb

Change vs 2014

-19.9%

from $3.11 in 2014

2015 High

$2.96

from daily trading data

2015 Low

$2.00

from daily trading data

Year-End Close

$2.14

last trading day of 2015

What happened to the copper price in 2015

Copper averaged $2.49 per pound in 2015, sliding 19.9% from the $3.11 average of 2014. Daily trading data shows copper moved between a low of $2.00 and a high of $2.96 during the year, ending 2015 at $2.14. The notable development of 2015: China slowdown fears; commodity rout.

The 2010s opened at record highs near $4.65 a pound in 2011, then ground lower for years as Chinese growth slowed, commodities sold off, and US-China trade tensions weighed on sentiment, before a late-decade stabilization.

Adjusted for inflation, copper's 2015 average of $2.49 equals about $3.39 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of copper in 2015?

Copper averaged $2.49 per pound in 2015, based on LME and COMEX annual average data. Daily prices ranged from a low of $2.00 to a high of $2.96, and the year closed at $2.14. That average was down 19.9% from $3.11 in 2014.

What is a 2015 copper price worth in today's dollars?

Adjusted with the US Consumer Price Index, copper's 2015 average of $2.49 works out to roughly $3.39 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

What moved the copper price in 2015?

The defining story of 2015: China slowdown fears; commodity rout. Against that backdrop, the annual average fell 19.9%, from $3.11 in 2014 to $2.49.

Annual averages are LME and COMEX copper prices per pound in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.