Copper on the Rise

Posted 15 October 2012

Tags: Copper

Copper has steadily risen since Christmas showing an almost mirror image of price and movement over the past five months when compared to the same period in 2006/7.

The signs are copper will go higher still and with a strengthening US Dollar and Euro the outlook is bleak. Add to that high oil prices and inflation in the Far East, cable prices are likely to increase significantly.

With large stocks and close, long term relationships with our manufacturers we will do our best to keep price rises to a minimum and insulate our customers where we can.