Thursday, March 25, 2010

Copper Pricing and its Effect on the Copper Price Industry

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 a cable significantly.

Since the early days when copper started using in the cable industry, the price of copper 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.

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, electrical wire, THHN, Welding cable, Solid Bare Copper, electrical wire, THHN, and USE-2 are some of the most difficult types of copper wire because you only have the bare copper stranding and the insulation.

Remember, in order to make electric wiring in your home you should choose good quality copper wire. 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.

1 comment:

  1. yes as the copper is the good coductor of electricity.....would you suggest me the good copper wire name which i would use in my house electricity wiring.

    ReplyDelete