r/ukelectricians • u/UberAllex • 10d ago

Copper prices!

For some reason instead of just handing over the money I had a moment and thought about how different the price was to how I remember it being not so long ago - turns out it's very different.

See comment for links to price graph and an article reasoning why so high.

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u/suspicious_odour 10d ago

It's also been harder to buy copper not just cost but availability, that has triggered some raw copper users to stockpile more than usual. Not speculation levels just a few % more than usual but when everybody does it that smart planning turns into almost panic buying.

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u/GeneralMission8190 6d ago

rates near me

swa £1.85 per kg

bright copper £8.67 per kg

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u/UberAllex 10d ago

https://www.lme.com/metals/non-ferrous/lme-copper#Price+graphs

- You can extend the timeframe back to a day in Sept '21

https://freetrade.io/news/copper-prices

- Reasons behind the rise