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.
...After buying 3000 ft. of Romex for a job,I noticed the hike...it was $82.68 for 1000' of 14-2,and the new price was $122.70... I was mad, and went back to my supplier and complained..He told me about the hike and said its gonna get even worse..He gave me a "one time only" deal,and lowered the rates on the reels of Romex back to it's original price...We gotta start chargin' more, guys!!! AR
.."if it ain't fixed,don't break it...call a Licensed Electrician"
I stopped in at the "big orange" store a couple of days ago and was also quite stunned at the hike (YEEEEOUCH!). Is the hike due to the escalating fuel costs for transport, or other factors? I thought the skyrocketing oil prices were due to the fact that it's an election year here but COPPER prices?
It's a head-scratcher to me.
No wire bias here- I'm standing on neutral ground.