← PNL404 · CopperEnglish · 한국어 · 日本語

Copper Seasonality

Historical month-by-month and year-by-year returns

Based on 27 calendar years of monthly closes, starting 2000.

By Month

MonthAverageMedian% PositiveBestWorst
January+0.7%+0.4%59%+11.9%10.9%
February+3.6%+2.7%73%+17.1%5.3%
March+2.3%+0.2%55%+18.9%8.1%
April+2.7%1.0%41%+40.4%11.0%
May+1.0%+2.6%64%+11.4%12.1%
June1.7%3.1%45%+11.8%15.5%
July+2.6%+4.1%73%+15.9%11.7%
August1.1%1.2%38%+7.3%10.2%
September0.2%+0.2%55%+10.3%24.9%
October+0.5%+2.0%59%+15.4%36.1%
November+1.1%+2.4%57%+19.1%12.0%
December+1.4%+1.0%59%+16.1%14.1%

By Calendar Year

YearReturn
2025+38.0%
2024+5.2%
2023+2.0%
202214.6%
2021+26.8%
2020+33.0%
2019+0.5%
201819.9%
2017+31.3%
2016+17.5%
201412.1%
201311.3%
201122.7%
2010+33.4%
200854.0%
2007+6.2%
2006+32.0%
2005+45.4%
2004+42.6%
2003+39.2%
2002+14.8%
200122.9%

These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.