In the first half of 2023, copper plate prices demonstrated varying trends across regions. In Asia Pacific, heightened orders, limited supply, and robust consumer demand drove prices up, buoyed by balanced supply and demand dynamics and government policies. Europe witnessed a similar surge due to low inventories, costly raw materials, and constrained Russian supply. Although stabilized in the second quarter, Euro strength, supply-demand balance, and increased consumption by copper plate mills-maintained prices. In North America, while construction and machinery sectors initially lifted prices, economic uncertainties led to stabilization in Q2, with market crises denting buyer confidence and impacting 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 chart, 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 extensively utilized across industries due to their remarkable properties. In the electrical and electronics sector, they serve as the foundation for wiring, cables, connectors, and printed circuit boards, owing to their excellent electrical conductivity. In construction, copper plates find use in roofing, gutters, and cladding due to their corrosion resistance and aesthetic appeal. The healthcare field benefits from their antimicrobial properties, making them ideal for medical equipment and fixtures. Automotive applications include radiators and electrical components, capitalizing on copper’s thermal conductivity. Moreover, their malleability finds application in artistic creations. Overall, copper plates’ diverse qualities make them invaluable in shaping modern technology, infrastructure, and aesthetics.
Key Players:
- NBM Metals
- GB Holdings
- Furukawa Electric
- CNMC
- CHALCO
- Valjaonica Bakra Sevojno
- Jiangxi Copper
- Mitsubishi Materials
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