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Friday, January 9, 2009

Economy Worries and Copper Prices DROP?

As the US dollar loses value, housing market slumps and prices are raised on gas and postage stamps, we are all asking ourselves when will this get better?  How could copper possibly drop in price?

 

I have some great news for you Wireless, EF&I’s and Utility companies….  The prices on copper did get better this week!  Analysts say this week copper was down 8 cents to $3.46 per pound. This decrease in price comes from a recent drop in demand.  Of course the Olympic Games may hold the key to this decrease in demand.  Nevertheless, consumers are being told to stock up on the power wire while the prices remain steady.When looking for a Cable Vendor, ask if the Vendor can provide same day shipping. Also ask if your Vendor offers a cutting and labeling program in house. Many Vendors will only ship standard size reels such as 5000 ft per reel. There are select Vendors who are willing to cut these down to size for you and re-label to fit your specific needs.

 

I am curious to know what power cable others are currently using and what kind of fluctuation in prices you are seeing.   AIW Wire seems to be constantly going up where as General Cable seems to stay steady.

 

Who do you see having the best prices on telecom and power cable ?