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Index lookup · WPUSI019011

US PPI — Copper and Copper Products

Producer Price Index for copper and copper products, a BLS special index that spans copper ore through refined copper and copper mill shapes in one aggregate rather than a single production stage. Index base: 1982 = 100.

Latest value
799.699
Index · as of Aug 2026
Year-over-year change
+41.7%
BLS
Month-over-month change
+4.0%

Latest value is 1 month old. Next update expected around Sep 2026.

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Enter a base value, a current value, and a contract amount to see the adjustment.

Price history

Data & insights

Key figures

  • From Jan 2024 to Aug 2026 the index went from 508.7 to 799.7, a change of +57.2%.
  • Highest reading in that period: 799.7 in Aug 2026. Lowest: 507.8 in Feb 2024.
  • Largest one-month rise: +8.4% in Oct 2025. Largest one-month fall: -6.1% in Sep 2025.
  • For a clause that resets its base every year, a 10% cap or floor would have limited the adjustment in 13 of the last 20 months.
Volatility (12mo)
±3.86%
Std. dev. of month-over-month change

Strongest average month-over-month move historically: October (+5.8% avg).

What this means for your clause

Used in a long term copper supply agreement as a broad hedge reference when the contract does not need refined cathode price isolated from mill shape or wire cost. A buyer of one specific copper product should check whether the series for that product moves differently before relying on this blend.

Draft a clause

A starting point citing this series by name and code. Replace the bracketed terms with your contract's actual scope before use.

The [affected portion] of the Contract Price shall be adjusted using US PPI — Copper and Copper Products (BLS series WPUSI019011), published by BLS.

Base Period: the index value published for August 2026 (or the month of contract signing, if different) is the Base Value.

Adjustment: at each Adjustment Date, the Current Value is the most recently published three-month average of the index (the Averaging Window). The Escalation Factor equals Current Value divided by Base Value.

Cap: the Escalation Factor applied under this clause shall not exceed 1.10 or fall below 0.90 (a 10% cap and floor) in any single Adjustment Date, regardless of the index's actual movement.

[Replace bracketed terms with your contract's actual affected-portion definition and adjustment-date schedule before use. This is a drafting starting point, not legal advice.]

Want this in a spreadsheet instead? Use =ESCALAKE("wpusi019011") in Google Sheets →

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How this index is used

How do you calculate a copper price escalation clause using the PPI?

A copper PPI escalation clause compares a current-period Producer Price Index value for the copper series to the value at contract signing (the base period), turns that into a ratio, then applies the ratio to the contract price or affected line items. Clauses typically name the exact BLS series code, an averaging window, a publication lag, and a cap limiting the maximum adjustment.

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Apply this index to your contract automatically

Escalake tracks US PPI — Copper and Copper Products, applies your formula, and gives both sides a number they can confirm, no spreadsheet required.