Factors affecting the price of copper pipe are: the international economic situation, the production of production countries, seasonal effects, the impact of industrial policy, the price of substitutes, the impact of inventory, other policy, the impact of regulations. Today by gnee small talk about several major factors affecting the price of copper pipe, I hope to be able to help you.
1. International economic situation
Commodity market and the economic situation is obvious, especially in today’s increasingly globalized world economy, the commodity market and the economy has more relevance, so the price of copper pipe is closely related to the economic situation. Copper pipe consumption is mainly concentrated in developed industrial countries, these countries, such as the United States, Japan, Western Europe and other countries, the economic situation of copper prices have a greater impact, in general, the economic situation is good, the increase in demand for copper pipe, the price rose, and vice versa, it is declining.
2. Seasonal impact
Seasonal fluctuations in copper pipe prices are more obvious, the annual January for the trough, August to create a high price.
3. Influence of industrial policy
Because copper is mainly used in electrical, electronic, construction, machinery and transportation industry, so the national industrial policy on these industries has a more important impact on the price of copper pipe.
4. Price of substitutes
In the telecommunications industry, copper has been an important raw material, but due to the promotion and application of optical fiber technology, the status of copper to challenge, at the same time, aluminum and other metal materials and copper have the same properties, in most areas of use also replaced copper.
5. Impact of inventory
Inventory quantity is one of the important factors affecting copper price. Enterprises take different measures to increase or decrease inventory under different market conditions. To ensure the production of raw materials or speed up the flow of funds, in different periods will also use throughput reserves to stabilize the copper market.
6. Other policies, regulations
Because the copper pipe market is an international market, the international trade volume is very large, so the increase of the relevant country’s import and export policy, exchange rate system, the fight against smuggling efforts and other aspects of the change in factors, the price of copper pipe will also have an impact.
