Copper Prices Continue Rising, Driving Attention to Cable Manufacturing Costs
Release Date: August 04, 2026
Global copper markets continued to show strength today, with copper prices maintaining an upward trend across major markets. The continued increase in raw material costs is drawing close attention from cable manufacturers, suppliers, and customers worldwide.
According to the latest market data:
- Yangtze River Spot Copper (1# Copper): RMB 106,940/ton, increased by RMB 710/ton
- Hard Oxygen-Free Copper Wire Rod: RMB 108,100/ton, increased by RMB 710/ton
- Enamelled Wire Price: RMB 112,210/ton, increased by RMB 710/ton
- A00 Aluminum Price: RMB 23,720/ton, increased by RMB 220/ton
In the Guangdong spot market:
- 1# Copper Price: RMB 106,630/ton, increased by RMB 730/ton
- A00 Aluminum Price: RMB 23,830/ton, increased by RMB 220/ton
Meanwhile, international copper markets also remained firm:
- LME Copper: USD 13,902/ton, increased by USD 32/ton
- Shanghai Copper Futures (2608): RMB 106,580/ton, increased by RMB 660/ton
- Shanghai Copper Futures (2609): RMB 106,410/ton, increased by RMB 670/ton
Impact on Cable Manufacturing
Copper is one of the most important raw materials in cable production, directly affecting the cost structure of power cables, control cables, communication cables, RS485 cables, alarm cables, and other copper conductor products.
With copper prices remaining at historically high levels, cable manufacturers are facing increasing pressure from raw material procurement. To maintain stable supply and competitive pricing, professional cable suppliers need to strengthen raw material management, optimize production efficiency, and provide customers with flexible solutions.
Chatnow Cable's Commitment to Stable Supply
Despite fluctuations in copper and other raw material prices, Chatnow Cable remains committed to providing high-quality products, transparent communication, and professional technical support to customers across global markets.
For cable projects affected by recent copper price changes, please feel free to contact our team for the latest quotation and customized solutions.