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Global price of Copper PCOPPUSDM

U.S. Dollars per Metric Ton • Monthly • Not Seasonally Adjusted
Source: FRED | Last updated: 2025-07-18 09:37:07-05 | Range: 1990-01-01 → 2025-06-01

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Trend

Momentum

Trend Heat Strip & Seasonality

YoY Heat Strip

≤ −5% Decline > +5% Growth

Seasonality (Average by Month)

What am I looking at?

What it shows: the average level of the series for each calendar month (Jan…Dec) across the full history.

Computation: for each month m, take the mean of all observations whose calendar month = m (all years equally weighted).
Interpretation:
- Not seasonally adjusted (NSA): clear recurring peaks/troughs by month.
- Seasonally adjusted (SA): should be fairly flat (seasonality already removed).
Caveats: uses raw levels, so long-run trend can dominate; best for monthly series. For a relative view, consider a seasonal index (month_mean ÷ overall_mean − 1) or limit to the last N years.

Distribution & Extremes

Histogram of Monthly Changes

Context

Recent Prints

Date	Value	MoM	YoY

Release

Primary Commodity Prices

See full release page

Typical schedule and next expected date may vary; check the release page for official timing.

What this measures & how to read it

Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars.

Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Tip: focus on multi-month trends to reduce noise from seasonality, one-off shocks, and revisions.