If you’re looking for the current copper price in Pakistan today or the 1 kg tamba rate on February 6, 2026, here are the latest available figures. High-quality Millberry scrap copper is trading at approximately Rs. 5,500 per kg in the main markets of Karachi, Lahore, Islamabad, and Gujranwala. Refined new copper continues to command a premium, generally quoted between Rs. 5,800 and Rs. 6,200+ per kg depending on purity level, supplier, and city.
Internationally, copper prices are showing early signs of stabilization today after the recent correction, although they remain below the levels seen at the start of the month. Below is the full update with local rates, global benchmarks, comparison, and context on why copper continues to be closely watched in 2026.
Copper Rates in Pakistan – February 6, 2026
| Copper Type | Price per kg (PKR) | Market Notes |
|---|---|---|
| High-Quality Millberry Scrap | Rs. 5,500 | Most actively traded grade |
| Refined New Copper | Rs. 5,800 – 6,200+ | Higher purity |
| Standard / Mixed Copper Scrap | Rs. 2,100 – 3,500 | Wide variation |
Local prices continue to hold a clear premium over the international converted rate. This difference is mainly due to import duties, transportation costs, taxes, local demand, and the prevailing USD/PKR exchange rate.
International Copper Prices – Global Update (Feb 8, 2026)
| Benchmark | Current Level | Daily Change (approx.) |
|---|---|---|
| Spot / Nearest Futures | $5.76 – $5.81 per pound | +0.3% to +0.8% |
| LME Cash Settlement | ~$12,800 – $12,880 per tonne | Slightly firmer |
| LME 3-Month Copper | ~$12,890 – $12,970 per tonne | Slightly firmer |
| 30-Day Performance | Down ~2.0–2.8% | — |
| Year-on-Year Change | Up ~23–25% | — |
Using an approximate exchange rate of 280 PKR per USD, the current international base price converts to roughly Rs. 3,540 – 3,600 per kg before any import-related costs, duties or local markups.
The modest recovery today appears to be driven by short-covering and some renewed buying interest after the recent multi-week low. However, sentiment remains cautious due to ongoing concerns about near-term demand from China, seasonal holiday slowdowns, and rising visible inventories in LME-registered warehouses.
Analysts generally expect prices to trend back toward $6.00–$6.05 per pound by the end of Q1 2026, with longer-term forecasts still pointing to $6.65–$6.80 over the next 12 months, supported by structural demand from electrification, renewable energy, and data center expansion.
Pakistan vs International – Price Comparison
| Market | Approx. Price per kg | Main Reason for Difference |
|---|---|---|
| Pakistan (Millberry Scrap) | Rs. 5,500 | Import duties + logistics + local demand premium |
| International base price | Rs. 3,540 – 3,600 | Pure LME/COMEX rate before extra costs |
This persistent gap explains why local traders and businesses monitor both global price movements and rupee-dollar fluctuations very closely.
Why Copper Prices Remain Important in 2026
Copper is widely known as an economic indicator — often called “Dr. Copper” — because its price tends to move in line with global industrial and construction activity. Periods of rising prices usually reflect healthy demand from manufacturing, infrastructure spending, and the rapidly expanding green energy sector. Recent softness, on the other hand, is largely linked to temporary factors such as seasonal slowdowns in major consuming countries, inventory adjustments, and cautious near-term buying behavior.
In Pakistan, movements in copper prices directly affect the cost of electrical wiring and cables, construction project budgets, solar panel and renewable energy installations, and profitability in the scrap metal and recycling industry. Over the medium to long term, demand is widely expected to remain robust due to the global transition toward electric vehicles, battery storage, renewable power generation, modern power grids, and high-performance data centers.
Key Uses Driving Copper Demand
Copper’s outstanding electrical conductivity, corrosion resistance, and excellent recyclability make it essential across many sectors. It forms the backbone of electrical wiring, power cables, motors, and transformers used in residential, commercial, and industrial settings. The electric vehicle industry has become one of the strongest sources of new demand — a typical EV requires significantly more copper than a conventional vehicle, mainly for motors, batteries, and charging infrastructure.
Renewable energy projects also depend heavily on copper for solar panel connections, wind turbine generators, inverters, and energy storage systems. In construction, copper is widely used for durable plumbing pipes, roofing materials, and fittings that provide natural antimicrobial properties. Electronics, telecommunications networks (especially 5G), and the rapidly growing AI data center sector further increase consumption due to copper’s critical role in high-speed cabling and circuit boards.
Notably, around 80% of all copper ever mined remains in use today thanks to highly effective recycling — a factor that helps support long-term supply stability even as demand continues to grow.