Copper Rate in Pakistan Today | Per KG Price List
Copper is a metal in industries like construction and electronics, with its price crucial to economic stability. In Pakistan, the copper rate today ranges between Rs.3100 to Rs.3200 per kilogram, reflecting both local and global market conditions. Understanding the factors influencing copper prices can help businesses and consumers make informed decisions in a fluctuating market.
Copper Price in Pakistan (Updated Rate)
Below is the latest updated copper price in Pakistan, reflecting current market conditions and fluctuations.
Copper Type | Rate Per KG | Rate Per Ton |
---|---|---|
New Copper | Rs.3100 to 3200 | Rs.31,00,000 to 32,00,000 |
Scrap copper | Rs.2100 to 2200 | Rs.21,00,000 to 22,00,000 |
Also Read: Steel Price Today in Pakistan
New Copper and Scrap Copper Price
New copper, often referred to as refined copper, is highly valued due to its purity and demand in industries like electronics, construction, and manufacturing. Its price is influenced by global supply chains, mining operations, and the demand from various sectors such as infrastructure development and green energy projects.
On the other hand, scrap copper, which is recycled from old electrical wires, pipes, and machinery, typically has a lower price compared to new copper. However, it plays an essential role in the copper market, offering a more affordable alternative for manufacturers while helping reduce environmental impact by reusing materials.
Best Tamba Brands in Pakistan
- Ali and Company
- Mirza Traders
- Pioneer Cables Limited
- Atta Steel and Copper Industries
- Future Traders
- Copper World
- System Electrical and General Equipment
- PM Engineering
- Pearl Cables and Conductors
- Mian Mohammad Feroze and Sons Enterprises
- I&H Trading and Manufacturing
- Musleh Trading
- Ganar International
- Trading Strings
- Bushra Enterprises
- MM Enterprises
- Orient Trading Company
- Veracom International
Factors Affecting Copper Rate in Pakistan
Global Supply and Demand
Global demand for copper, particularly from major economies like China, directly impacts its price in Pakistan. When industrial activities ramp up globally, copper prices often rise due to higher demand.
Exchange Rate Volatility
The fluctuation of the Pakistani Rupee against the US Dollar affects copper import costs. A weaker Rupee can make copper imports more expensive, leading to higher local prices.
Mining and Production Costs
Any changes in mining costs, including energy expenses or labor disruptions, influence copper prices. Rising production costs typically lead to increased prices in the market.
Government Policies and Tariffs
Government policies, including import taxes and environmental regulations, can alter the cost of copper in Pakistan. Higher tariffs on imported copper lead to an increase in domestic prices.
Global Economic Conditions
Economic factors such as inflation and global trade trends affect copper rates. In times of global economic expansion, demand for copper rises, pushing prices higher.
Future Outlook of the Copper Industry in Pakistan
The copper industry in Pakistan is expected to grow, driven by increasing demand for construction, electronics, and renewable energy. With ongoing infrastructure development and industrial expansion, copper demand is likely to rise. However, global trade dynamics and environmental regulations will continue to influence the market.
Also Read: TR Gardar Price in Pakistan
Overall Conclusion
Copper prices in Pakistan are influenced by a variety of factors, including global market trends, exchange rates, and local economic conditions. Staying informed about these factors can help businesses and consumers make better decisions regarding copper-related investments and purchases. As the market remains volatile, understanding the forces at play is essential for navigating the fluctuations in copper rates effectively.