The price of copper cable is calculated using different ways.
Offering the price per ton is one common method used particularly when dealing with very high amounts for export and import purposes.
The price of copper cable has always been a numerical function of the raw material used in its production i.e., copper and polymer material including PVC.
Considering the proportion of copper used in cable. the price of copper determines the price of copper cable.
As the global price of copper is in a state of flux, currently many manufacturers announce their prices on a weekly or even daily basis.
In its most recent report issued after the data for December came out, the metal bulletin institute has predicted the price of copper in the fourth, three-month period ending in 2023.
Based on this prediction market analysts from an SP angle.
Masqat bank, ABN Amro, invest tech, and metal bulletin unanimously believes that the price of copper will have an upward trend up to 2023 and it will reach a price of up to 7500 dollars in the first half of this year.
The upward trend will then again continue until it reaches 9000 dollars in 2025.
Copper Cable Cost per Meter
exporters of copper wire and cable often calculate the cost of their products either per meter or per kg they try to take their customer's preferred way of cost calculations into consideration in order to meet their customers' requirements.
People who want to import copper cable are highly recommended to get themselves familiarized with the market of this product.
But before that, they need to equip themselves abut the basics of copper cable.
Electric power cable comes in numerous types.
On the market, a popular type is copper conductor cable. it is also known as copper power cable or copper cable.
Avariety of metal materials is used in industry such as steel, lead, and aluminum, each of which has its advantages and shortcomings based on what application they are put into use.
Copper wire is a type of electric power cable used for transmitting low, medium, and high voltage electric power.
One prominent feature of this type of cable is its flexibility with continuous circular stands which have cross sections of less than 10 square millimeters.
In the production of this kind of cable first, thin copper wires are produced with the required standards then they are spun and turned into bundles, and finally, an insulator layer is extruded on it to act as the cover layer.
Copper power cable is produced with two types of insulation material namely PVC and XLPE.
Each type may be armored or not. plain PVC insulated cable comes in single or multiple strands, and power cables in coaxial form.
XLPE insulated cable in its plain form only comes in single or multiple wire forms.