As of February 4, 2026, high-quality Millberry scrap copper is trading at approximately Rs. 5,500 per kg in major cities including Karachi, Lahore, Islamabad, and Gujranwala. Refined new copper continues to trade at a premium (generally Rs. 5,800 – 6,200+ per kg depending on purity & location).
Meanwhile, international copper prices have shown some downward pressure today after recent gains. Keep reading for complete updated rates, comparison, short-term outlook, and why copper remains one of the hottest industrial metals in 2026.
Copper Rates in Pakistan Today – 4 February 2026
Local copper prices in Pakistan are mainly driven by international benchmarks + import duties + dollar rate + strong demand from electrical, construction & recycling industries.
| Copper Type | Price per kg (PKR) | Market Notes
| Copper Type | Price per kg (PKR) | Market Notes |
|---|---|---|
| High-Quality Millberry Scrap | Rs. 5,500 | Most popular |
| Refined New Copper | Rs. 5,800 – 6,200+ | Higher purity |
| Standard / Mixed Copper Scrap | Rs. 2,100 – 3,500 | Big variation |
International Copper Prices Today – Global Update-4 Feb 2026
Benchmark price levels (LME & COMEX):
– Current spot / futures price → ≈ $6.00 – $6.04 per pound
(down ≈ 1.1–1.9% today after recent strong sessions)
– LME 3-month copper** → around **$13,200 – $13,500 per tonne** range
– Monthly performance** → +0.6% to +1.2% over last 30 days
– Year-on-year → Very strong ≈ +34–35% higher than early 2025
Quick conversion reference (using ≈ 280 PKR/USD exchange rate):
$6.01 per pound ≈ $13.25 per kg ≈ Rs. 3,710 per kg
Copper Price Pakistan vs International – Fast Comparison
| Market | Approx. Price per kg | Main Reason for Difference |
|---|---|---|
| Pakistan (Millberry Scrap) | Rs. 5,500 | Import duty + logistics + local demand premium |
| International base price | Rs. 3,700 – 3,800 | Pure LME/COMEX rate before all extra costs |
Most Important Uses of Copper – Why Demand Remains Very Strong
Copper is irreplaceable because of excellent electricity conductivity, corrosion resistance and recyclability**.
Top uses that drive massive demand:
– Electrical wiring, cables, motors, transformers
– Electric Vehicles** — batteries, motors, charging stations (up to 80 kg per car!)
– Renewable Energy — solar panels, wind turbines, battery storage
– Construction — pipes, roofing, fittings
– Electronics — circuit boards, smartphones, computers
– Data centers & 5G telecom infrastructure
– Industrial machinery & heat exchangers
Quick Summary – Copper Rates Today (4 February 2026)
Pakistan local rate → Rs. 5,500 per kg (High-quality Millberry scrap)
International benchmark → ≈ $6.00 – $6.04 per pound (mild correction today)