Latest Copper Plate Prices, Price Trend, Demand & Supply

Stephenthomas17 Dec, 2024Business

In Q2 2024, copper plate prices in the U.S. reached 13,650 USD/MT in June, driven by fluctuations in demand, particularly from the automotive and energy sectors. Strong inventory levels and a robust U.S. dollar contributed to the price increase, making copper more expensive. Despite these factors, the market ended with a cautious outlook, balancing stable pricing against ongoing uncertainties in supply and the Federal Reserve's interest rate policies.

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