Skip to Content
View site list

Profile

Pre-Bid Projects

Pre-Bid Projects

Click here to see Canada’s most comprehensive listing of projects in conceptual and planning stages

Economic

Is Copper’s Price Plateau Signaling a Future Decline in Overall Construction Material Prices?

Michael Guckes
Is Copper’s Price Plateau Signaling a Future Decline in Overall Construction Material Prices?

Copper’s June spot price marked a 15-month low for the commodity and its lowest price since rebounding from its early COVID-19-induced nadir. Although the price of the commodity is still historically high, the directional movement of the price of copper has historically served at times as a useful harbinger of future manufacturing and construction materials prices. Twice since 2008 has the price of copper fell just before an overall decline in general construction material prices.

Read more here.

Recent Comments

comments for this post are closed

You might also like