Copper closed at $4.18/lb yesterday, and is currently up almost another $.13 to just around $4.31/lb, continuing this upward trend. These are historical levels not seen since 2011. Because of these escalating costs on raw materials, copper tube mills have announced an increase of approximately 5.5% with a new list price sheet, dated 2/24. The global copper supply is tight, and getting tighter, and we expect this volatility to continue well into the future.
We have uploaded this new list price sheet to our website, where you can download the Excel version to enter your multiplier for individual pricing. Please call your Merfish United representative for more information, or to place orders. Remember, you can use us as your one-stop pipe shop. Mix-and-match copper tube with other pipe products to make our low minimum weight for FFA on your next weekly delivery.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/base/spot-copper-60d.gif) |
How We Can Help:
Merfish United’s business model – which enables wholesalers to buy a broad array of pipe products from one supplier, at low minimums for FFA – is designed for low and unpredictable volume scenarios, exactly like the one we are in right now. Use us to help manage your inventory and buy what you need, when you need it. Mix-and-match Copper Tube with Steel Pipe, PVC Pipe, Conduit, Strut & Rod to make our low weight minimums on your next weekly order.