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Like all wire and cable manufacturers, Kris-Tech monitors the real-time price of copper, measured by the price per pound. This chart helps show the current pricing as well as any changes in trends over time.
Many factors influence copper price movements, both domestically and globally, including:
Global industrial demand (especially from construction, electronics, and renewable energy) and mine production levels directly impact prices.
Strong economic growth, especially in China and the United States, increases demand, driving prices up.
Metals stored in warehouses by exchanges like the London Metal Exchange (LME) and Commodity Exchange (COMEX) serve as indicators of supply tightness or surplus.
Copper, like oil, is traded in USD, so a weaker dollar generally pushes prices higher and vice versa.
Strikes, mine shutdowns, and political instability in major producing countries (e.g., Chile, Peru) can restrict global market supply.
Mining and smelting are energy intensive. Rising energy costs can increase production costs and, ultimately, copper prices.
Copper prices can change depending on how much scrap is available, the types of copper recycled, global and regional recycling rates, and production costs.
By monitoring copper prices, Kris-Tech can adjust its pricing to best support our customers in the market. Changes in the copper market outlook can also influence the timing of purchase decisions for copper products.
Given the significant volatility in the copper market, our standard quotes are good for 24 hours. After which, your Kris-Tech sales representative can readily update your quote to reflect current copper pricing.
Kris-Tech is an insulated copper wire manufacturer committed to short lead times, on-time delivery, order accuracy, and meeting the highest quality standards.
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