Influence of Copper Price changes on the Copper Price Industry

BusinessSales / Service

  • Author Russel Ray
  • Published November 1, 2010
  • Word count 360

Among all the materials that are quite difficult to deal with in the wire and cable industry, the name of copper comes on the top. All those people who have worked with wire and cable industry and distributor must have kept close eye on copper wire on a daily basis. You must know that copper is a commodity that is very volatile and could change the price of its products such as copper flexible connectors, copper tinned wire and bare copper wire significantly.

Since the early days when copper started using in the cable industry, the price of copper and thus copper tinned wire has been increased drastically, from 1.66/lb to 2.55/lb. you can check the price of the copper over the respective websites and you will see that the price of copper actually went up as high as 4.20/lb in last few months. In the present time, a standard item of copper is a 4/0 a Welding Cable which has around .60 lbs of copper per foot. The experts say that when copper is at 2.195/lb then it changes by .10/lb and the 4/0 Welding’s price changes around 5%. And this is a daily routine in the cable industry. As a result Aluminium Wire Suppliers had also started manufacturing safe aluminium electrical wirings on a wide scale.

There are a few cables sold in the present time that aren’t as affected by the pricing of copper because of the insulation on each conductor, the overall rubber jacket and the fillers. since there is a lot more involved in the making of the cables hence there is more options to work on the pricing; Solid Bare Copper, copper tinned wire, bare copper wire, copper flexible connectors, THHN, and USE-2 are some important, very much in demand copper products.

Remember, in order to make electric wiring in your home you should choose good quality copper wire. The number of copper wire and aluminium wire suppliers in the market has increased significantly with the increasing demand. In order to avail the best quality copper wire at cheaper price than the conventional store you are suggested to go for a reputed online copper wire shop.

Russel Ray works with Ganpatiengineering an Copper Wire Company provide Tinsel Wires, CRT Earthing Wire, Bare Tinned Wire, Tinned Copper Wire, Copper Glass Wire, Glass Wire Manufacturing and all types of wire exporter.

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