Copper prices have been one of the biggest talking points in global commodity markets so far in 2026. After hitting record levels towards the end of 2025, the industrial metal continues to show strength on major exchanges and is drawing investor interest alongside precious metals such as gold and silver.Copper Prices Still Strong in Early 2026On 28 January 2026, copper was trading at around $5.97 per pound, marking continued gains from earlier in the year and a roughly 40 per cent rise versus the same time last year. This follows a period when copper reached records above $13,000 per metric ton on the London Metal Exchange, largely due to tight supply conditions and strong demand.Markets remain attentive to copper’s price action, as the metal often reflects broader industrial demand. Even though inventories on some exchanges have increased, demand pressures from key end‑use areas keep prices elevated.Copper Price Comparison (as of 28 Jan 2026) Market / ExchangeCurrent PricePrevious Month PriceYearly ChangeKey NotesLondon Metal Exchange (LME)$13,020 / tonne$12,450+4.6%Prices near historic highsNew York COMEX$5.97 / lb$5.75+3.9%Investor and industrial demand driving gainsMCX India₹1,310 / kg₹1,250+4.8%Domestic production tight; Hindustan Copper shares risingShanghai Futures Exchange¥56,200 / tonne¥54,800+2.5%Strong Asian demand; supply deficit emerging Note: Prices are approximate and based… Read MoreStartupTalky- Business News, Insights and Stories
