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 […]
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 […]
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 […]
“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, […]
Copper is up today, continuing a month’s long upward trend. Because of this, as well as the disruption of the Copper supply chain due to Covid-19 shutting down critical mines in South America, Copper mills have announced a new list price sheet dated July 1, 2020. You can see the new list price sheet here. […]
Two new price sheets are now in effect. See below for info! New Copper List Price Sheet Effective Now Copper continues its months-long upward trend, resulting in a new list price sheet. You can download this sheet (dated 6/5/20) on our website now, and enter your multiplier in the Excel sheet to see your individual […]
Copper is up today over $.06 per pound. If this trend continues, we will likely initiate a multiplier increase of 2.5% (minimum) at close of business today. As a reminder, our business model – which enables wholesalers to buy a broad array of pipe products from one supplier, at low minimums for FFA – is […]
As previously communicated, Copper Tube mills have been experiencing significant disruption due to the COVID-19 outbreak, including a lack of raw materials. This has resulted in a supply shortage and a price increase. Copper Tube mills have released a new list price sheet dated March 16, and it is now in effect. You can download […]
Copper has been even more volatile than usual of late. According to this article from CNBC, “Copper bounced on Tuesday as traders and funds reversed bets on lower prices after China’s central bank moved to offset the damage to economic growth and demand from the coronavirus in the top consumer.” To summarize: China’s copper […]
Copper Mills have announced a new list price sheet going into effect immediately. You can see the new list price sheet here. Use the Excel sheets to enter your multiplier. For your multiplier or to place orders, please call your representative. More Info: Copper Tube Products List Price Sheets United Pipe Services Our locations Merfish […]
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