Procurement Resource Evaluates the Price Trends of Copper in its Latest Insights and Dashboard
Price Trends of Copper in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Copper price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of copper can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Copper is a chemical compound with the formula Cu and the atomic number 29. It is a flexible, elastic metal with excellent thermal and electrical conduction. The colour of a freshly exposed pure copper surface is pinkish-orange.
Regions Covered to Evaluate Copper Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Copper Price Trend:
Copper is used in the construction of structures, the generation, and transmission of power, and the manufacturing of electrical products, industrial machinery, and transportation vehicles. It is used in automobiles and trucks to make motors, wiring, radiators, connectors, brakes, and bearings. Additionally, copper and its alloys are used to make heat exchangers in air conditioners, clock movements, gridding fabric for paper machines, copper plate printing, fermentation tank lining, distillation pots, and architectural ornamentation components, among other things.
Key Market Players:
- Umicore N.V
- American Elements
- MMC Norilsk Nickel PJSC
- Korea Zinc Co., Ltd.
- Jinchuan Group International Resources Co. Ltd
- Glencore plc
- The Doe Run Resources Corporation
- Codelco Mining company
- Freeport-McMoRan Inc.
- Broken Hill Proprietary (BHP)Group Limited
- Rio Tinto plc
News and Events:
Glencore said in May 2021 that the Mutanda copper and cobalt mine would reopen in 2022. Mutanda’s reopened operations may aid the firm in alleviating copper and cobalt market shortages, which could limit additional price hikes.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
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Contact Person: Chris Smiths
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