Okay, so today, I really wanted to figure out this whole “precio del cobre por libra en new york” thing. It’s been bugging me for a while, and I finally decided to dive in and see what I could find.
First, I just started Googling around. You know, the usual, typing in “copper price” and stuff like that. I found a bunch of websites with graphs and numbers, but honestly, it was a bit overwhelming. There was this one site that showed the price history of copper going back to 1971! It’s crazy to think about how much things have changed. I saw that the price was in U.S. dollars per pound, which made sense.
- I spent a good chunk of time trying to make sense of these charts.
- I noticed that the price of copper has gone up and down a lot over the years.
- There was one point in May when it hit an all-time high of almost $5.20 a pound. Imagine that!
Then I started digging a little deeper. I found out that the price had recently gone down by about 3.54%. It’s all about supply and demand, I guess. Apparently, there’s a lot of copper out there right now, and not as many people need it, especially in China. They used to buy a ton of copper, but things have slowed down.
What I Found
It was interesting to see the data from the first quarter of 1990 to the third quarter of 2024, it helps me to understand the long-term trends better. As of today, January 3rd, the price of copper has increased by $0.13 since the start of 2024. Seems like it’s on the rise, at least for now. I used some website to track the benchmark market and learned that copper reached an all-time high of 5.20 in May 2024. It was quite a journey just to understand these price changes.
This whole thing was a bit of a rollercoaster, to be honest. One minute the price is up, the next it’s down. But hey, I learned a lot, and now I have a much better understanding of how the copper market works. It’s not as simple as I thought, that’s for sure!
Anyway, that’s my little adventure into the world of copper prices. I hope you found it somewhat interesting. Maybe next time I’ll tackle something a little less… metallic.
