Take a look at the long-term relationship of copper prices to the prime lending rate over the past 45 years. Generally speaking, higher interest rates associate with halting market declines, and often accompany rising copper prices.
EW’s editors had a busy year covering all the news that broke in the electrical wholesaling industry in 2016. Here are our picks for the trends that could shape the business in the years to come....More
John Gross, publisher of The Copper Journal, has some questions on the dramatic but somewhat puzzling increases in copper prices, the strength of the U.S. dollar, and the continuing rise of the stock market....More
If the Federal Reserve Bank doesn’t quite understand what’s happening in the market, how can execs in the metals industry? An Oct. 14 article in The New York Times reported on Fed Chairwoman Janet Yellen’s comments at a recent event sponsored by the Federal Reserve Bank of Boston and gave some insight into the complexity of current market cycles....More
Last week saw another 15,600 metric tonnes of copper go into Comex and LME warehouses, bringing the total held to 436,250 metric tonnes, representing the highest level held since Nov. 2013, yet the price continues its sideways move....More
When copper pricing goes a little haywire, people notice. One of the people who notices any unusual changes in prices of the red metal before many in the industry is John Gross, who has spent his career tracking the movement of metals pricing and now publishes The Copper Journal....More
John Gross, publisher of The Copper Journal and president, of J.E. Gross Inc., a consulting firm that tracks the metals markets, says pricing in these base metals once again seem to be out of step with reality....More
The International Copper Study Group report that the global copper market posted a near 120,000 MT deficit during the first four months of 2016, as compared to a 13,000 MT surplus during the comparable 2015 period....More
Since mobile devices are so commonplace in our personal lives, we expect the same functionality in our work lives. This has become a challenge for distributors. In particular, many distributors are seeing rising expectations among their customers for faster and better service, wherever they—or their customers—are based. To meet these expectations, you need to ensure that your employees—wherever they are—can access your business system, and communicate quickly and efficiently with customers and employees at other locations....More
There’s no question eCommerce has changed the distribution landscape.
· It’s changed how you find, engage, and retain customers
· It’s changed your relationship with customers and the skills your people need to serve them
· It’s become a necessary business tool...More
In recent years, distributors have seen their markets drastically change with new competitors and new product categories appearing almost daily, and customers wanting to change the way they buy products and services. And when markets change, distributors must change....More