Copper cable is one of ZMS main and advantage products with large supply regularly each month. 

For copper cables, we have copper XLPE power cables from low voltage to high voltage, copper concentric cables, copper earth cable, copper electric wires, copper control cables, copper lighting cables, copper flexible wires etc. 

Since copper takes big part in total copper cable net cost, the copper cable are easily effected by copper influctuation. Esecially, in past two months, the copper has greatly influctuated, getting on a roller coaster. Here is LME copper Trend of Past Three Months.

Apparantly, the copper is still on high level with continuously sharp increase. So, it will be good to start the procurement immediately if the project is urgent, however, some will choose to wait for next downhill since their project is not urgent. While, this is comment from PPC fo reference to predict future copper trend in the long term. 

Tittle PPC: Copper prices expected to rise to 7280 US dollars in year of 2018

On December 25,2017, Satoshi Arai, the chief executive of Pan Pacific Copper, Japan's largest copper smelter, said on Monday that the copper prices are expected to rise to $ 7,280 per tonne by 2018 and that copper prices will continue in 2019 To $ 7,720 per tonne, with a 2017 copper price of $ 6,100 per tonne. Satoshi Arai said at a conference that the company expects global refined copper consumption to increase by 2% in 2018 compared to this year, while the supply may only climb 1.3%.

SINA Futures News December 25, the issue of the previous notice: January 2, 2018 resumption of trading (New Year's Day after the close), the copper, aluminum and tin futures contract margin ratio adjusted from 8% to 7%, the price limit upside down From 6% adjusted to 5%;

Since the New Year holidays is coming, here is the latest news. Shanghai Futures issued a notice: January 2, 2018 resume trading (New Year's Day after the close). The margin ratio for the trading of copper, aluminum and tin futures contracts was adjusted from 8% to 7% and the price limit for daily trading was adjusted from 6% to 5%.

The margin ratio of gold futures contracts was adjusted from 6% to 5% and the price limit of daily trading was adjusted from 5% to 4%.

Silver futures contracts trading margin ratio from 7% adjusted to 6%, the daily limit is still 5%.