Building projects hit by lack of supplies and price rises
Industry warns people to delay home improvement due to shortage of cement, electric components, timber and steel.
www.bbc.co.uk
Discuss Supply Issues Building Materials ... in the UK Electrical Forum area at ElectriciansForums.net
N
nicebutdim
On the world market, Copper is as expensive as its ever been - recently peaked slightly above where it traded 10 years ago.
www.macrotrends.net
Copper Prices - 45 Year Historical Chart
Interactive chart of historical daily COMEX copper prices back to 1971. The price shown is in U.S. Dollars per pound.
www.macrotrends.net
OP
Yes its blooming expensive compared to 3-4 years back , but at least it has levelled off in recent months which makes me more confident that prices hopefully won't shoot up when estimating jobs for December / January
If you watch the exchange rates between the Euro and GB the price is going up all the time, it's currently at just over 1.17 this has a significant effect on imported goods, about the worse time to be selling our house in France.
It’s been roughly 1.15 ish for months if not years now?
As I said it's at 1.17 at the moment.
N
nicebutdim
Annoying for Mike, but hardly a significant move in the context of forex.
But does have an effect on goods/materials imported from the EU, also duties to be paid, and hence the raw materials to manufacture cable.
N
nicebutdim
Just looked at the Euro's trading history. 20 years ago you'd have got €1.75 for your pound and in 2008 it was €1.02.
The average rate over the Euro's 20 year history to 2019 had been €1.33, with it's 10 year history in 2019 being €1.20. Prior to the Brexit referendum it traded at €1.30, so all told this particular exchange is on a fairly even keel.
For goods and materials I'd be inclined to look more closely at strength of currencies in countries where manufacturing takes place, rather than those within which we trade with distributors.
The average rate over the Euro's 20 year history to 2019 had been €1.33, with it's 10 year history in 2019 being €1.20. Prior to the Brexit referendum it traded at €1.30, so all told this particular exchange is on a fairly even keel.
For goods and materials I'd be inclined to look more closely at strength of currencies in countries where manufacturing takes place, rather than those within which we trade with distributors.
And when we joined the EU we where at four Euros too the GBP.
OK when the Euro was fist introduced then, sheesh.
N
nicebutdim
I don't believe there has ever been a time when the £ was worth €4. I don't believe the € has even traded half as weakly as that, against the £.
From 1990 to date
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