Copper is a vital industrial metal used in electrical wiring, electronics, plumbing, and construction. In Pakistan, copper prices have seen a notable increase in 2025 due to global market volatility, increased demand, and the Pakistani Rupee’s exchange rate fluctuations. This guide provides you with the latest copper prices in Pakistan, scrap and refined types, and market trends.
Current Copper Rates in Pakistan (July 2025)
| Copper Type | Price per KG (PKR) | Source Location |
|---|---|---|
| Refined Copper | 3,100 – 3,200 | Nationwide |
| Scrap Copper | 2,100 – 2,200 | Local Markets |
| High-Grade Scrap | 2,370 – 2,380 | Gujranwala |
Prices may vary slightly based on region, quality, and supplier margins.
Historical Price Comparison (2025 Overview)
Earlier in 2025, refined copper ranged from PKR 2,400 to 2,550 per kg, while scrap copper was around PKR 1,660 to 1,970 per kg. Mid-year, prices increased by approximately 20–25% due to global copper shortages and inflationary pressures.
Read More: Gold Price in Pakistan Today Surge by Rs. 3,200
Key Factors Affecting Copper Prices in Pakistan
1. Global Market Trends
Copper prices on the London Metal Exchange (LME) and COMEX directly impact local prices. Global rates peaked in 2024, reaching over USD 11,000 per ton, influencing imports in Pakistan.
2. Currency Exchange Rates
The PKR–USD exchange rate plays a significant role in setting copper rates due to Pakistan’s heavy reliance on imported refined copper.
3. Import Duties and Taxes
Changes in customs duty, regulatory taxes, and GST on metal imports directly affect the final retail price.
4. Domestic Demand
Growing demand from construction, power grid development, and electronics manufacturing has increased consumption, pushing prices higher.
5. Regional Market Differences
Copper prices vary by city. Karachi, Gujranwala, and Lahore often show slight rate differences due to freight, access to ports, and supplier competition.
Major Suppliers and Markets in Pakistan
Key cities and markets dealing in copper:
- Karachi: Boulton Market, Shershah
- Lahore: Badami Bagh, Misri Shah
- Gujranwala: High scrap activity and pricing
- Rawalpindi/Islamabad: Raja Bazaar, Ganjmandi
Major distributors include Pearl Cables, Orient Trading Co., Musleh Trading, and Ganar International.
Domestic Production & Mining Projects
While most of Pakistan’s copper is imported, two key mining projects may influence future supply:
- Reko Diq Project: Expected to be a major source of refined copper in coming years.
- Saindak Copper-Gold Project: Produces copper concentrate in Balochistan, though limited in scope compared to demand.
These projects may reduce reliance on imports by 2028–2030.
Tips for Buyers and Traders
- Compare rates from trusted sources like Hamariweb, PricePakistani, and WhatIsPrice.
- Grade of scrap matters—pure and uncoated copper scrap commands a higher price.
- Monitor currency exchange trends to estimate future cost fluctuations.
- Be aware of quality variances between local and imported copper products.
Conclusion
Copper prices in Pakistan as of July 2025 are relatively high, with refined copper at around PKR 3,100–3,200 per kg and scrap copper averaging PKR 2,100–2,200 per kg. This price movement reflects global market trends, currency fluctuations, and increasing local demand. Keeping track of daily updates and market insights is essential for both buyers and industrial users. Keep visiting: Bloom Pakistan
Read More: Gold Rate in Pakistan Soars by Rs. 8,000 in 4 Days
