Copper Plate Price History and Forecast Analysis | Procurement Resource

During the initial half of 2023, copper plate prices experienced diverse shifts across different regions. In the Asia Pacific, prices soared due to increased orders, limited supply, and strong consumer demand. This upsurge was fueled by a well-balanced supply and demand scenario alongside supportive government policies. Similarly, Europe witnessed a significant rise owing to depleted inventories, expensive raw materials, and restricted Russian supply. Although the prices steadied in the second quarter, factors like the Euro’s strength, supply-demand equilibrium, and heightened consumption by copper plate mills sustained the prices. In North America, while the construction and machinery sectors initially boosted prices, economic uncertainties caused a stabilization in the second quarter. Market upheavals dampened buyer confidence, impacting the stability of copper plate prices.

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Definition

Copper plates boast exceptional electrical conductivity, making them crucial for electrical and electronic applications. Their malleability facilitates intricate shaping, while high thermal conductivity aids efficient heat transfer. These plates also exhibit corrosion resistance, making them suitable for outdoor and marine environments. Copper’s antimicrobial properties find use in healthcare settings. Despite their susceptibility to oxidation, copper plates develop a unique patina over time. Their combination of conductivity, formability, and durability makes them integral in various industries, including electronics, construction, and healthcare.

Key Details About the Copper plate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Copper Plate 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; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Copper Plate Price trends, including India Copper Plate price, USA Copper Plate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Copper Plate Price Trend:

Copper plates are widely embraced across various industries for their exceptional attributes. In the realm of electrical and electronics, they form the basis for wiring, cables, connectors, and printed circuit boards due to their outstanding electrical conductivity. Within construction, these plates are employed for roofing, gutters, and cladding, thanks to their resistance to corrosion and visually appealing nature. In the healthcare sector, their antimicrobial properties render them perfect for medical equipment and fixtures. Automotive industries benefit from their use in radiators and electrical components, capitalizing on copper’s ability to conduct heat effectively. Furthermore, their flexibility makes them valuable in artistic pursuits. In essence, the multifaceted qualities of copper plates play an invaluable role in shaping modern technology, infrastructure, and aesthetics.

Key Players:

  • NBM Metals
  • GB Holdings
  • Furukawa Electric
  • CNMC
  • CHALCO
  • Valjaonica Bakra Sevojno
  • Jiangxi Copper
  • Mitsubishi Materials

About Us:

Procurement Resource offers 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 most 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 tracks 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 chains, and industry trends so that they can build strategies to achieve maximum growth.

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