The subject of fluctuations in copper prices came up in the ECN chatroom the other night. At the time, I'd not noticed anything out of the ordinary, and in fact I'd just received a new catalog from my usual supplier.
I went down there Friday, however, and was told that they now have a daily price for cable due to vast fluctuations in prices from the manufacturer.
A 100m reel of 2.5 sq. mm. 2-core & ground which was listed in the week-old catalog at £13.79 was suddenly up to £16.39 plus tax.
Looks like the Cu price problem has now reached the U.K.
