WesBell Electronics

Copper Pricing

2015

Average $2.97/lb
January $3.08/lb
February $2.93/lb
March $3.04/lb
April $3.08/lb
May $3.26/lb
June $3.05/lb
July $2.93/lb
August $2.71/lb
September $2.68/lb
October $2.73/lb
November $2.51/lb
December

2014

Average $3.45/lb
January $3.76/lb
February $3.60/lb
March $3.46/lb
April $3.37/lb
May $3.42/lb
June $3.42/lb
July $3.54/lb
August $3.50/lb
September $3.47/lb
October $3.34/lb
November $3.39/lb
December $3.21/lb

2013

Average $3.65/lb
January $3.94/lb
February $4.04/lb
March $3.82/lb
April $3.65/lb
May $3.59/lb
June $3.55/lb
July $3.40/lb
August $3.54/lb
September $3.53/lb
October $3.61/lb
November $3.55/lb
December $3.60/lb


2012

Average $3.91/lb
January $3.82/lb
February $4.08/lb
March $4.17/lb
April $4.02/lb
May $3.97/lb
June $3.67/lb
July $3.79/lb
August $3.68/lb
September $3.95/lb
October $4.04/lb
November $3.79/lb
December $3.94/lb

2011

Average $4.33/lb
January $4.66/lb
February $4.78/lb
March $4.59/lb
April $4.56/lb
May $4.36/lb
June $4.43/lb
July $4.63/lb
August $4.54/lb
September $4.35/lb
October $3.57/lb
November $3.85/lb
December $3.70/lb

2010

Average $3.67/lb
January $3.61/lb
February $3.43/lb
March $3.44/lb
April $3.84/lb
May $3.51/lb
June $3.33/lb
July $3.25/lb
August $3.55/lb
September $3.68/lb
October $4.01/lb
November $4.11/lb
December $4.25/lb



3 Things to Remember About Copper


1. The Price Changes


Since copper is a commodity traded on the NYSE its price goes up and down each day. Over the course of a month there could be a drastic change in the price of copper, per pound, which affects the pricing of copper electrical wire. If you have a solid piece of Gold worth $2000 it may be worth more or less tomorrow when the price changes. Copper is very similar. If you have copper wire worth $500 today it may change tomorrow.

2. Electrical VS Electronic Cables


Electrical cables are nearly pure copper. They're used in homes and buildings to supply power to lights and appliances. There's no need for flexibility or added protection because once they're installed they're left there for the remainder of their life.

Electronic cables are used to hook up telephone lines, alarm systems and electronics. They use less copper and more insulation than electrical cables. Electronic cables are sometimes paired or shielded to block electromagnetic interference. They also use high temperature jackets for certain applications. There are many instances where electronic cables have much more engineering involved than heavy copper filled electrical cables. Therefore, electronic cable pricing doesn't change as much with copper as electrical cables. There are other factors to keep in mind.

3. The Insulation Determines Its Protection Level


There are industry terms used to explain the type of wire someone needs such as automotive wire, appliance wire, welding cable and fire alarm cable. These terms are popular because a supplier knows exactly what you need. However, the real way to figure out what you need is to answer a few questions such as, "What's the temperature range of your application?", "What's the voltage level?" and "What environmental conditions will it come in contact with, if any?".

Once you answer those questions a supplier can give you the right amount of protection to make sure the copper sends the best possible signal to your device. Without the correct protection the insulation will last a shorter period of time and affect the signal once the insulation is penetrated. Be careful to check the entire data sheet before purchasing your wire.