Copper Wire Prices – 1X Wire & Cable USA
Copper Wire Prices change frequently
Copper wire prices are based on a few different aspects. First, the metals market is a key factor in determining copper wire prices. At any particular moment, you as a customer might see your copper wire prices move dramatically up or down depending on the market. You know how difficult this can be, and because copper wire prices can affect your business so much with the shift in the COMEX (Copper Futures Pricing), you probably keep a close eye on the metals market. The metals market is affected many details, including economic forces and the law of supply and demand.
In the Wire & Cable industry, we have faced dramatic shifts in copper wire prices, as well as aluminum and other metals that we use to produce our cables and wires. Prior to the stock market crashing in 2008, we saw a dramatic rise in metals costs. Copper rose from under $2 dollars per lb. to over $4 dollars per lb. in a matter of just a few months. In this respect, copper wire prices could have been used to help predict the bubble that the country was in, spurred by the subprime mortgage crisis burst in 2008. Copper wire prices can be a bellwether for economic stability.
At 1X Technologies Wire & Cable we specialize in helping you buy exactly what you need. We give you access to all the best brands in the insulated wire & cable industry. When you are on the hunt for a hard-to-find wire or cable, 1x gives you the best chance at finding exactly what you need at competitive prices.
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