Cable prices.....

[Andy78]

....are set to rise.

My wholesaler confirmed today that next week will likely see a good bump upwards in prices across the board although he doesn't know of what magnitude.

Chile’s copper mines under threat from virus spread, copper price jerks upwards

Chile’s output of copper is under threat due to the COVID-19 pandemic. Codelco, the state-owned copper miner and largest single contributor to the Chilean economy, has confirmed that 2,433 of its staff have contracted the virus.

smallcaps.com.au

Copper hits 14-month high on China demand, Chile supply cuts

LONDON — Copper prices hit their highest in over a year on Thursday, spurred by hopes of a faster recovery in top consumer China and supply concerns in the…

financialpost.com

 

[Dustydazzler]

presumably copper pipe as well

at least wet pants can use plastic as an alternative

 

[pc1966]

Hmm, we just ran out of 4mm conduit wire on the current project so hopefully I can get more at the "old" price...

 

[freddo]

Hmm, we just ran out of 4mm conduit wire on the current project

Funny, so did we...

 

[pc1966]

Funny, so did we...

Still got loads of the black & grey left though...funny that...

 

[freddo]

Still got loads of the black & grey left though...funny that...

Hilarious!

 

[Let me think]

Don’t need any cable at the moment, not taking any chances though, off to buy as much cable as I can 1st thing in the morning.

BTW anyone need any toilet roll? I’ve got tonnes of the stuff left over from my last panic buy

 

[Dustydazzler]

Just ordered 5 drums of 1.5 and 2 drums of 2.5 , should keep me going for a while...

 

[Andy78]

Just ordered 5 drums of 1.5 and 2 drums of 2.5 , should keep me going for a while...

I made the call to the wholesaler and will pick up 4000m of various sized domestic cable tomorrow first thing.

If anything happens to cable like what happened to plaster recently all my lined up work would go down the pan.

I think the likes of Toolstation and Screwfix should be fairly stable though. I'm sure they only update their cable prices monthly.

 

[Dustydazzler]

I never usually carry more than 2 drums of each common sizes , I just can’t justify having too much money tied up in stock...
4000m would bankrupt me

 

[Andy78]

I never usually carry more than 2 drums of each common sizes , I just can’t justify having too much money tied up in stock...
4000m would bankrupt me

I don't have to pay for it for a couple of months and I have a good few rewires lined up before the end of the year. I'm banking on that work to dig me out of the hole this year has put me in, so I can't afford to lose out on price to sparkies with stock if cable prices rise significantly. I see it as an investment for coming months albeit maybe a slightly paranoid one.

 

[7029 dave]

Plenty of cain and able lads, dont panic, bet scrap will increase.

 

[pc1966]

On a related topic, and brand of conduit wire you prefer (or hate) and why?

 

[Let me think]

Plenty of cain and able lads, dont panic, bet scrap will increase.

Dave are we still going to buy out the wholesalers of all there cable. Have lined up the vans, and remortgaged the house to pay for this? ?

 

[Baddegg]

Plenty of cain and able lads, dont panic, bet scrap will increase.

Hope so I got bout half a ton in me garden ?

 

[Dustydazzler]

Dave are we still going to buy out the wholesalers of all there cable. Have lined up the vans, and remortgaged the house to pay for this? ?

we can sell it By the yard for twice the price

this time next year.....

 

[pc1966]

we can sell it By the yard for twice the price

this time next year.....

Is that twice for pounds or Euros?

 

[Dustydazzler]

Is that twice for pounds or Euros?

pound Notes of course

 

[Let me think]

we can sell it By the yard for twice the price

this time next year.....

This time next year we’ll be millionaires!!!

Usually I buy high and sell low, but not this time...this time next year we’ll be millionaires!!!!

 

[Andy78]

Hope so I got bout half a ton in me garden ?

I think it's over £4k/tonne at the minute.