Key Facts
Copper futures slipped modestly after touching strong levels this month, with contracts around 6.26–6.29 USD per pound in recent sessions.
CPER tracks copper futures, not spot prices and closed at 37.92 dollars on 2026-07-17, down 0.37% day on day.
Chile remains the world’s largest copper producer with about 5.3 million metric tons of mine output in 2024 and roughly 23% of global supply.
Peru is a leading copper supplier in the Americas producing about 2.74 million metric tons in 2024 and holding around 100 million tons of reserves.
