Tag: COMEX

January Market Update, Import Steel Increase 1/18

What’s happening: All three major pipe products categories all volatile to start 2021. PVC, copper and steel pipe have seen increases. This is due to increasing costs in raw materials and freight. The global market for raw materials including steel, PVC resin and copper has been more volatile than every before all at once. We […]

Copper Increase Effective Now, New List Price Sheet

Copper continues to climb closing over $3.60/lb yesterday. As a result the Copper Tube mills announced a new list price sheet with an increase of approximately 2.5% – 3.5% and a new list price sheet taking immediate effect. Please call your Merfish United representative to place orders now. Please call your Merfish United representative to […]

Copper Trading Up, Increase Effective Now

Update 11/23/20: Copper closed up at $3.29 on Friday, and Copper Tube mills announced a new list price sheet dated 11/23/20. You can download this sheet here. Copper is up almost $.10 this morning close to $3.29/LBS, which is the highest price in over year and close to the highest level in five years. If […]

Effective Now: Copper Tube Multiplier Increase

Due to continued raw material and finished product shortages coupled with dynamic market conditions, Copper Tube multipliers are moving up effective immediately. Please call your Merfish United representative for more information or to place orders: 1-800-777-7473 Click here to follow market updates. How Merfish United Can Help We help wholesalers manage their risk on volatile […]

New Copper Tube List Price Sheet

Copper is up another $.05 this morning (trading around $3.20/lbs at around 12:15pm ET). This is the highest price in over a year for Copper, as well as almost hitting the highest level recorded in the past five years. Follow the COMEX here on our website. As a result of this, Copper tube mills have […]

Copper Multiplier Increase Tomorrow, 10/8

With Copper up over $.06 late today, Copper Tube mills have announced a multiplier increase of 2.5% effective immediately. We will be holding current pricing through close-of-business today (10/7), going to the multiplier increase first thing tomorrow morning. See list price sheets and enter your multiplier on the Excel version to see your individual list […]

Copper Closes Over $3.00 Four Times This Week, Market Updates

Copper rose $.05 on Monday, 8/31 to a $3.04 close, and closed over $.03 again on Tuesday, 9/1 at $3.01. Copper closed at $3.00 on 9/2, and $3.04 on 9/4. Update, 9/8: Copper closed at $3.01 Continuing Upward Trend We’re in the second month of a sustained upward trend for Copper. Back in March, immediately […]

What’s Been Happening With Copper Recently

Copper has been very volatile this week, even after sustained increases over the past few months. See our COMEX chart for historical data. 8/24/20 Update:  New List Price Sheet Earlier this week, Copper was on a $.26 rise from $2.85 to $3.11, Monday through Wednesday. There was even talk of a new price sheet. From […]

New Copper, PVC List Price Sheets

Due to the rise in raw material costs, Copper tube mills have announced a new list price dated July 14, 2020 which we will be putting into effect tomorrow, July 15th. You can see this sheet here on our website. Enter your multiplier in the Excel sheet to see individual list prices. For more information […]

Copper Tube Products at Merfish United

What’s Happening With Copper in Summer 2020

“It’s no coincidence that global copper prices and Chilean Covid-19 cases are rising together.” -Bloomberg The Copper market has been very volatile during the summer of 2020. Over the past 30 days, Copper has been on an sustained upward trend. This can be attributed to, among other things; the rebound in demand across the world, […]