Aluminum Wire (Copper Cladded) Prices, Chart, Index and Regional Data

Korea Aluminum Wire (Copper Cladded) Prices Movement Q1

Aluminum Wire (Copper Cladded) Prices in Korea:

The Price of copper-clad aluminum wire in Korea increased by 0.7% from the previous month to $6,600 per ton in the first quarter of 2024. The primary cause of this price increase is increased demand from the housing and construction industries. Because of the steady state of the market, supply can only partially satisfy industrial demands. The demand for aluminum wire for a variety of uses has increased due to the growth in construction projects, which has raised prices. All things considered, the market trends for aluminum wire are highlighted by the combination of stable demand and balanced supply dynamics.

Aluminum Wire (Copper Cladded) Prices in Brazil:

In the first quarter of 2024, the price of copper-clad aluminum wire in Brazil reached $4,360/Ton per ton. In Brazil, the price of copper-clad aluminum wire has reached $4,360 per ton, reflecting significant market dynamics. This price point indicates a growing demand for this material, particularly in sectors such as construction and manufacturing, where aluminum's lightweight and conductive properties are highly valued. The increase in prices can also be attributed to fluctuations in raw material costs and supply chain challenges. As industries continue to invest in infrastructure and technology, the demand for copper-clad aluminum wire is expected to remain strong, influencing future pricing trends in the Brazilian market.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Aluminum Wire (Copper Cladded) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Aluminum Wire (Copper Cladded) price trend, offering key insights into global Aluminum Wire (Copper Cladded) market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Aluminum Wire (Copper Cladded) demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

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