Thread: Copper prices
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Eigenvector Eigenvector is offline
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Default Copper prices


"Toller" wrote in message
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"Eigenvector" wrote in message
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Possibly already been argued ad nauseum, but what the heck is making
copper so damned expensive? I priced out Romex, now that I will be able
to re-wire my newly grounded box, and its outrageous. $146 dollars for
10/2 x 250 ft? What's worse, 100 feet is less than half the cost, and
1000 feet is a tad (like 10 bucks) under 4 times the cost. Don't even
talk to me about 12/2 or 14/2. It ain't cheaper to get more now, it sure
was 2 months ago.

Copper pipe is just as bad. What's happened in the world that has made
copper such a valuable commodity? Please don't tell me the war in Iraq,
'cause that's BS.

The global economy is doing well; India and China are moderizing like
crazy and that takes copper. It is pretty much like oil.


I just cant see that. While China and India may be modernizing, they have
their own supply of metals to draw from and they've been doing so for
years - so it's not just that. That is one part of the equation yes, not
all of it. No matter how dramatic the demand has risen, it hasn't risen
enough to make the price of 250' 12/2 Romex jump from $89 to $140+ in 2
months - that's more than 50%.


All I know is that I had 470' of 12/2 on Craigslist for weeks now for $75
and no one wants it. Go figure. (I bought it at garage sales for $20 and
have way more than I will ever use)