Copper Rate in Pakistan 2024
Copper is a useful and important metal, ranking just below silver and gold in value. Its price can change based on supply and demand, as well as factors like the dollar rate, transportation costs, and labor fees. The London Metal Exchange Market often influences the copper price in Pakistan. If you’re an investor or trader, it’s important to stay updated on the current copper prices in Pakistan. In this article, I will provide you details about the latest price of copper, so stay connected with us.
Copper Price in Pakistan
The table below shows the most recent prices for both new and scrap copper. We’ve included the cost per kilogram and metric ton.
Type of Copper | Cost Per Kilogram | Cost Per Metric Ton |
Scrap copper | Rs.2100 to 2200 | Rs.21,00,000 to 22,00,000 |
New Copper | Rs.3100 to 3200n | Rs.31,00,000 to 32,00,000 |
Top Copper Brands in Pakistan
Factors Affecting Copper Rate in Pakistan
Supply and Demand
The demand for copper goes up with population growth, urban expansion, and more industrial activity. Supply can change due to mining issues, environmental rules, and international politics.
Infrastructure Projects
The government’s push for better infrastructure, including initiatives like CPEC, increases the demand for copper products.
Global Economy
The overall health of the world economy, including factors like inflation, trade policies, and political events, influences copper prices in Pakistan.
Conclusion
By keeping an eye on market trends, global economy, and supply and demand, stakeholders can make smart choices about investing in copper and setting prices. This guide helps explain the factors that affect copper prices in Pakistan, making it a useful tool for understanding these dynamics.