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Copper Futures - May 24 (HGK4)

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4.4517
-0.0051(-0.11%)
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Copper Futures Discussions

Shortage Of Copper Wiring Impacting Utah’s Already Hot Housing Market By TYLER HEWITT • 9 MINUTES AGO Utah’s housing market is already extremely tight, but an extra complication for home builders is the shortage of materials — particularly copper used for wiring.  KUTV talked to Travis Ferran, owner of Newport Audio, VIdeo & Electrical, about the issue. He said he wires about 50 to 60 houses per month and has never seen a shortage like this in his 20 years in the business. He says it’s been a “big stress factor” for the industry. The shortage is also making an impact on housing prices. Reuters reported copper is expected to hit record high prices in the next year due to high demand and low supply. Other shortages include lumber, concrete, electrical breakers and PVC pipe. https://www.upr.org/post/shortage-copper-wiring-impacting-utah-s-already-hot-housing-market
 how deflating - I thought you were worth talking to. Blocked.
Such blown out articles have no bearing on the commodity,it has its reasons to stay float or not.
 Now you can book loses with ur positions u hold,u claim big  as the prices slide from the roof to the gutters.Time out charlie
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