FRED Global price of Copper (IMF series PCOPPUSDM) · as of May 2026. Free to view, no login.
What to expect next
Copper moved sharply higher last month (+4.6% month over month). Vendor quotes typically lag the benchmark by 4 to 8 weeks, so expect upward pressure on new copper quotes over the next month or two. If you have volume to lock, the earlier half of that window is usually the better entry. This is a lag heuristic, not a guarantee.
The headline figure is the most recent copper benchmark from the FRED Global price of Copper series (IMF, series PCOPPUSDM), converted to dollars per pound, with the month-over-month and year-over-year change beside it. It refreshes monthly.
Copper is one of the most volatile industrial metals, so on copper-heavy parts, bus bar, and electrical components a small spot move shows up quickly in quotes. Watching the spot trend before you go out for quotes tells you whether you are catching a rising or falling market.
Compare it against three references: the current spot benchmark on this page, the anonymized network average for that exact category (subscription), and the typical 4 to 8 week lag between spot moves and quote shifts. The network average is the most direct because it reflects what other manufacturers actually paid.
Monthly, from FRED (the IMF global price series). A daily intraday feed ships with the Intelligence tier in Q3 2026.
Yes. The benchmark and trend are free to view with no login. Anonymized network market averages require a BlastRFQ buyer subscription. Founding pilot members get 6 months free through August 31, 2026.