Chinese Demand for Copper to Keep Theft High Through 2009
There are two factors that indicate that copper theft won’t slow down this year: supply and demand.
The first is the continued demand in China. Though copper demands have slowed down some in the US there’s still an enormous demand for copper as China’s economy continues to expand.
On the supply side, companies have not yet moved to make more copper. Analysts think that suppliers will bring copper prices down to more reasonable levels by 2009.
You can track the price of copper yourself here: price of copper. If you see outrageous spikes then you’ll know you need to be especially careful.
For more on the international situation that has an impact on your jobsite, read “High demand in China still buoying copper theft problem”
And be sure to read our article 7 Ways to Stop Copper Theft.
As always, contact us for your jobsite surveillance needs: 866.616.1318.
