Wowee The Insane Rise Of Copper Price
If you need wire for future projects, my advice is to buy is to buy it NOW rather than put it off. The prospects for ten dollar per pound commodity price is no longer absurd. A trip to Home Despot ...
Forum Discussion
The pandemic put a hold on many company's manufacturing
this leads to a supply side shortage
So Murphy's law of Supply and demand kicks in.
This is the long version
As supply goes down relative to Demand prices increase (Ok that's the regular law of supply/demand as well)
as prices increase more companies produce so supply goes up (Also part of regular law)
And as the supply goes up the price goes up even more to cover the cost of warehousing all the excess Supply (Murphy's rule)
this leads to a supply side shortage
So Murphy's law of Supply and demand kicks in.
This is the long version
As supply goes down relative to Demand prices increase (Ok that's the regular law of supply/demand as well)
as prices increase more companies produce so supply goes up (Also part of regular law)
And as the supply goes up the price goes up even more to cover the cost of warehousing all the excess Supply (Murphy's rule)
