- Click here to see the history of Camden Copper
- Click here to see the most up-to-date Comex Copper Prices
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There's no denying that PTFE cable prices keep increasing. Ever since Asahi Glass closed its PTFE
production facility (See November 2007 newsletter), customers have seen a rise in PTFE prices. With no
slow down in sight, the cost of PTFE cables continues to rise.
Although several factors contribute to the escalating cost of the cable, silver has been one major
contributing factor. Silver prices on the Comex have been steadily going up. The metal's price
affects PTFE cable because most PTFE cable is extruded over a silver conductor. The conductor is coated
due to the heat application of the cable.
Because of soaring prices across various markets, including the silver market, the expense of PTFE cable
may continue to climb. Allied Wire will keep customers posted with any changes and updates.
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Several manufacturers have announced price increases for the month of March.
- General Cable/Carol Electronics: March 10, 2008.
- The increase for Electronics will be an average of 6-10%
- The increase for Portable Cord & Industrial Flex will be an average of 8-12%
- The increase for Carol Helix/Hi-Temp will be an average of 10%
- Avery Dennison: March 8, 2008.
- Panduit: March 3, 2008.
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Bill Hanisch, a long time wire and cable industry professional, has joined the Wisconsin branch of Allied
Wire &Cable as a sales representative. A Wisconsin native, Hanisch has been active in the electrical wire
business for over 28 years.
"During my time in the industry, I've established beneficial business relationships with customers and vendors
throughout the United States, Mexico and Canada," said Hanisch. "I believe that excellent customer service, product
knowledge, and quick response time is key to developing mutual business relationships."
Hanisch's expertise and dedication to customers is expected to be an asset to the entire Allied Wire and Cable community.
Click here to learn more about Bill and our other sales reps.
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