Copper Price in 2014
In 2014, the price of copper averaged $3.11 per pound, down 6.3% from the year before. This page covers the 2014 average, high, low, and year-end close, the events that moved the market, and what that copper would be worth in today's dollars.
2014 Average
$3.11
LME/COMEX annual average, USD/lb
Change vs 2013
-6.3%
from $3.32 in 2013
2014 High
$3.42
from daily trading data
2014 Low
$2.76
from daily trading data
Year-End Close
$2.83
last trading day of 2014
What happened to the copper price in 2014
Copper averaged $3.11 per pound in 2014, down 6.3% from $3.32 the year before. Daily trading data shows copper moved between a low of $2.76 and a high of $3.42 during the year, ending 2014 at $2.83.
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 2014 average of $3.11 equals about $4.23 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 2014?
What is a 2014 copper price worth in today's dollars?
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.