Latest Copper Rate in Pakistan | February 2025

Taanba is the local name for copper. It’s used primarily in electrical appliances like motors, Batteries, Inverters and wiring due to its high conductivity. The new Copper Rate in Pakistan is 3100-3200 Pakistani rupees as shown in the table below.

Copper Rate in Pakistan Today – January 2025

Serial No.	Copper Type	Price per Kg (PKR)
01	New Copper	3100-3200
02	Old Copper	2200-2300

As we can see from the chart, copper prices have remained constant. The constant use of copper by many industries such as construction, electronics and manufacturing is the reason for this. Copper mining and production is also stable. Once the mines are running, they will produce copper continuously, helping to keep prices stable unless there is an economic emergency.

Fresh Copper is Copper that has been manufactured in a factory and is now available on the market for the first. It is a metal that has a tendency to produce electricity.

Old Copper does not have to be new. It is available on the market again after it has been used for a certain period. It is cheaper and less conductive than Fresh Copper.

Factors Affecting Copper Rate in Pakistan

The International Metal Exchange Market determines copper prices globally. Copper prices are affected by many factors locally, and they vary from one country to another. Factors that may affect the rate of copper in Pakistan include:

• Dollar rates fluctuation When the US dollar fluctuates Pakistan’s economy is boosted, as imports, exports and local prices are all affected.
• Demand and Supply: High demand or low supply will push prices up while low demand or a high supply will pull them down.
• Energy and Labour Costs Copper prices increase with higher electricity and labor costs, as producers are trying to recover their production costs. In the opposite direction, cheaper electricity and labour costs will lead to lower copper prices.
• Political Crisis: The political and economic instability of Pakistan causes the currency to weaken, increasing the cost of imports such as copper. The increase in production costs will also lead to an increase in the price of copper for consumers.

Regional Price Variations

Copper prices are affected by regional factors which affect the market and distribution of copper in Pakistan. Accessibility of ports and import points is crucial. Major port cities such as Karachi and Gwadar that serve as the primary entry points for imported Copper, offer lower prices due to lower transportation and import costs. Due to higher transportation costs and supply issues, prices in regions like Punjab and Khyber Pakhtunkhwa are higher.

Industrial Demand has a significant impact on copper prices in the country. Prices are often higher in industrial hubs such as Lahore and Faisalabad where copper-using industries like electrical equipment manufacturing and building construction are concentrated. The high demand for the metal, compared to its limited supply, is what drives up prices.

Copper prices can be affected by currency fluctuations. Regions like Punjab, with stronger economic conditions, may have stabler prices. Similarly, higher taxes can lead to higher prices while regions that benefit from government subsidies on industrial materials may enjoy lower prices.

The availability and cost-effectiveness of alternatives, like aluminum or recycled Copper, can also affect the price of fresh copper. Copper prices are competitive in regions where alternative materials such as aluminum or recycled copper are easily available and affordable. This helps to regulate the copper price in the market.

Future Outlook of the Copper Industry in Pakistan

According to the International Energy Agency (IEA), global copper demand will double by 2040. According to Tribune Express, the International Energy Agency (IEA), predicts global copper demand will more than double by 2040. Copper’s role in this growing demand is similar to oil. Both its price and demand are expected to increase.

The global demand for Copper is currently at 20 million tonnes, and the supply gap of 5-6 millions tons has contributed to the record high prices. Copper prices reached a historic high of $10,030 a ton in 2021. Copper prices have fluctuated over the years, with notable dips in 2016 and 2019 despite this. These cycles are affected by a variety of factors and are predicted to repeat. High demand factors could continue the current price cycle in the next decade.

Copper Brands in Pakistan

Although Pakistan is only a small producer of raw copper, many companies import or manufacture it. Below are some of the most popular and major companies.

• Pioneer Cables Limited
• I&H Trading and Manufacturing
• Veracom International
• Musleh Trading
• Ganar International
• Pearl Cables & 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 talks about the current copper rates in Pakistan. It notes that the new copper price is currently between 3100-3200 Pakistani rupees per kilogram while the scrap or old copper rate is 2400-2600 Pakistani rupees. The article highlights the stable prices of copper in history, with fluctuations caused by global and local factors, such as supply, demand, economic conditions and regional disparities.

Copper’s future is bright, thanks to the increasing demand for electric vehicles and green energy. The global demand for copper will double by 2040. Prices are still affected by factors such as dollar rate fluctuations and labor costs.