KARACHI, February 10, 2026 – The Copper Price in Pakistan remains stable today, with high-quality Millberry scrap trading around Rs5,500 per kg. Refined new copper carries a premium, ranging between Rs5,800 and Rs6,200 per kg depending on purity and supplier.
Local copper rates continue to stay above international benchmarks due to import duties, logistics costs, and steady domestic demand from the electrical and construction sectors. The Copper Price is also influenced by the USD/PKR exchange rate, currently around 280, which affects imports and pricing dynamics.
Internationally, copper softened slightly, with the benchmark trading at approximately $5.90 per pound. Seasonal slowdowns in China ahead of Lunar New Year holidays caused the minor decline, while production challenges at major mines provided underlying support. Analysts expect the Copper Price to recover toward $6.00 per pound by the end of Q1 2026, with long-term forecasts suggesting $6.65–$6.70 in the next 12 months.
In Pakistan, copper price changes directly impact the cost of electrical wiring, construction projects, solar and renewable energy installations, and the scrap and recycling industry. Traders and buyers monitor global copper benchmarks and the rupee-dollar exchange closely for accurate pricing.
Copper remains critical to industrial growth worldwide. Its superior electrical conductivity, corrosion resistance, and recyclability make it essential for electrical cables, motors, transformers, and renewable energy projects. The rise in electric vehicle production further boosts demand, as EVs require significantly more copper than conventional cars.
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Renewable energy initiatives, 5G networks, AI data centers, and modern infrastructure also rely on copper. Around 80% of all copper ever mined is still in use, demonstrating its importance for recycling and supply stability. Analysts say that despite minor short-term fluctuations, long-term demand trends for copper remain robust, ensuring the Copper Price will continue to reflect industrial and economic growth.
