Copper hit RMB 108,550/ton today, up 44% from a year ago.
For a typical 3-core 1.5mm² cable, copper alone now costs ~$425/km - that's ~$170 more per km than last year.
What this means for your projects:
| Factor | What to Watch |
|---|---|
| Pricing validity | Copper swings fast - quotes may expire within days |
| Cost structure | 70-80% of your cable cost is copper |
| Project budgeting | A 10% copper move can shift your total cost significantly |
How to stay ahead:
Lock in pricing early for upcoming projects
Consider fixed-rate contracts to reduce uncertainty
Review your procurement plan now - copper isn't coming down soon