Latest Copper Rate in Pakistan May 2025 - UPDATED

Q: What is the 1 Kg Copper price in Pakistan?

The current price of 1 kilogram of old copper in Pakistan ranges from 2,100 to 2,200 PKR, whereas the price of new copper ranges from 2,906 to 3,006 PKR . However, this price may vary slightly depending on your specific location within the country.

Q: What is the difference between new copper and scrap copper?

Fresh industrial copper refers to newly manufactured copper, which typically commands higher prices due to its quality and purity. On the other hand, Scrap or old copper refers to recycled or used copper, which is generally priced lower than fresh copper due to potential impurities and the recycling process.

Copper prices fell on Monday, as top consumer China, despite expressing economic confidence, held off on immediate stimulus while hinting at future measures and assessing trade impacts. Ongoing US-China trade dynamics, including potential tariff adjustments on copper, further contributed to market volatility.

Today, the copper price in Pakistan is $ 4.7 per pound, which is equivalent to 1,321 Pakistani Rupees. For 1 kg, the copper price is 2906 Pakistani Rupees. The market remains uncertain, with speculations about copper being included in future trade measures adding to price volatility.

Copper Rate in Pakistan Today – 14th May 2025

The latest copper rate is given below:

Serial No.	Copper Type	Price per Kg (PKR)
01	New Copper	2906,-3006
02	Old Copper	2100-2200

Note: The prices mentioned here are based on international trading units; prices may vary by 100-200 rupees in different regions of Pakistan.

Copper is traded on exchanges like the London Metal Exchange, COMEX, and India. It is the third most used metal worldwide. Chile is the top producer, followed by countries like the Democratic Republic of Congo and Peru. Copper prices in Pakistan, as shown here, are based on Trading Economics, which refers to over-the-counter (OTC) and contract for difference (CFD) instruments.

Fresh Copper means newly manufactured Copper in a factory, now available for the first time in the market. It is a reddish-orange metal with a high tendency to produce electricity.

Old or Scrap Copper is not fresh; instead, it is available again in the market after being used once for a specific period. It is less costly and has a lower conductivity than Fresh Copper.

History of Copper Rate in Pakistan

The current price listed for new copper is almost consistent with prices mentioned in sources from January 2024. This shows that copper rates do not experience major swings often. Here is a chart that describes the average monthly price of new copper in Pakistan.

Note: Click on a specific point to know the price for that month.

Factors Affecting Copper Rate in Pakistan

Globally, copper rates are determined by the International Metal Exchange Market. Locally, many factors can affect copper prices and differ from country to country. The factors that can affect the copper rate in Pakistan are:

Dollar Rates Fluctuation: When the US dollar fluctuates, Pakistan’s economy shows a lift, with import costs, exports, and local prices all taking a hit.
Supply and Demand: Supply and demand play competition on prices: high demand or low supply pushes them up, while low demand or high supply pulls them down.
Labour and Energy Costs: Copper prices rise with the price of electricity and labour, as producers need to recoup higher production costs. Conversely, lower electricity and labour costs lead to cheaper copper.
Political and Economic Crisis: Political and economic instability in Pakistan weakens the currency, making imports like copper costlier. This pushes up production costs and inflates copper prices for domestic consumers.

Regional Price Variations

Copper prices in Pakistan are influenced by a variety of regional factors that affect its market and distribution. Accessibility to ports and import points plays a crucial role; major port cities like Karachi and Gwadar, which serve as primary entry points for imported copper, generally offer lower copper prices due to reduced transportation and import costs. In contrast, regions such as Punjab and Khyber Pakhtunkhwa experience higher prices due to increased transportation costs and supply challenges.

Industrial demand also significantly impacts copper prices within the country. Industrial hubs like Lahore, Faisalabad, and Sialkot, where there is a high concentration of copper-using industries such as electrical equipment manufacturing and construction, often face higher prices. This is due to the high demand for copper, in contrast to the limited supply, pushing prices upward.

Currency fluctuations influenced by local economic stability can affect copper prices; regions like Punjab with stronger economic conditions might have more stable prices. Similarly, Higher taxes lead to higher prices, while regions benefiting from government subsidies for industrial materials might enjoy lower prices.

Lastly, the availability of alternative materials, such as aluminum or recycled copper, can affect fresh copper prices. In regions where these alternatives are readily available and cost-effective, copper prices will be competitive. This dynamic helps regulate copper prices in the market.

Future Outlook of the Copper Industry in Pakistan

The copper market in Pakistan is confident of significant growth, driven by the increasing demand for green energy and electric vehicles, which require more copper than traditional fossil energy sources. The International Energy Agency (IEA) predicts that global copper demand will double by 2040, as reported by Tribune Express. During this rising demand, copper’s role is similar to that of oil, with expectations for both its price and demand to surge.

At present, the global demand for copper stands at approximately 20 million tons, with a supply shortfall of 5-6 million tons, contributing to record-high prices. In 2021, copper prices hit a historical peak of $10,030 per ton. Despite this, copper prices have exhibited cyclical fluctuations over the decades, with significant dips recorded in 2016 and 2019. These cycles are influenced by various factors and are expected to repeat, potentially continuing the current high price cycle for the next decade due to high-demand factors.

Copper Brands in Pakistan

Although Pakistan is a small raw copper producer, several companies manufacture it or import it. Some of the major and popular companies among them are given below;

Pioneer Cables Limited
I&H Trading and Manufacturing
Veracom International
Musleh Trading
Ganar International
Pearl Cables and Conductors
PM Engineering
Future Traders
Orient Trading Company
Ali and Company
Trading Strings

Atta Steel and Copper Industries
Bushra Enterprises
Mian Mohammad Feroze and Sons Enterprises
Petro Sourcing
Mirza Traders
System Electrical and General Equipment
Maaz 360 Private Limited
Copper World
MM Enterprises

Summary

The article discusses the copper rate in Pakistan, noting that current prices for new copper fall between 3100-3200 PKR per kilogram, while the old or scrap copper rate is between 2100-2200 PKR. It highlights stable historical prices with fluctuations influenced by global and local factors such as supply and demand, economic conditions, and regional disparities.

The future outlook for the copper industry is positive, driven by increasing demand for green energy and electric vehicles, with global copper demand expected to double by 2040. Factors like dollar rate fluctuations, labor costs, and political stability continue to impact prices.

FAQs

The current price of 1 kilogram of old copper in Pakistan ranges from 2,100 to 2,200 PKR, whereas the price of new copper ranges from 2,906 to 3,006 PKR. However, this price may vary slightly depending on your specific location within the country.

Copper is in high demand in almost all sectors of the economy worldwide, such as power generation and transmission, electrical equipment, construction, industrial equipment, and electronics. Hence, it is largely influenced by the global economy, resulting in higher prices in Pakistan.

Fresh industrial copper refers to newly manufactured copper, which typically commands higher prices due to its quality and purity.

On the other hand, Scrap or old copper refers to recycled or used copper, which is generally priced lower than fresh copper due to potential impurities and the recycling process.

Yes, gold is not a better electrical conductor than copper. While gold does possess electrical conductivity, it is not as efficient as copper. Gold has approximately 70% conductivity compared to copper.