Crazy cable price rises

[loz2754]

disconuts

I do love a disconut

 

[Dustydazzler]

I see inflation is running very high (9-10%) in some of the main copper producing countries (Chilie being the big one) , I am guessing this will soon be felt here in the Uk as in what a drum of cable costs ?

I am thinking for buying a couple dozen rolls of 1mm and 2.5mm t&e

 

[Dustydazzler]

Screwfix selling 2.5 prysmain for £72 inc vat at the moment , just stocked up on afew few rolls

 

[Dustydazzler]

I see Nick Bundy reckons 2.5 t&E will soon hit £100 per 100m drum (inc vat) soon

What do we reckon ? are we soon going to be wiring sockets in cable that cost £1 a metre

 

[kropaske]

Wickes have 2.5T&E for £71.50, if you have trade account with them it's £64.
I've recken prices will stabilise in the next 6 months or so. All this is just manufacturers try to get some profit back that has been lost because of the covid

 

[SparkySy]

I don't think it will stabilise, with all the other things going on in the world!
An article I read said by November there will be a huge shortfall in all raw materials, (can't find it currently) this will only push prices up further.
I'm not a doomsayer but it's not looking good on all fronts atm!
Sy

 

[pc1966]

I have no immediate need for much cable, but part of me is wondering if I should buy enough for any jobs I might want to do in the next year (usual 2.5mm/6mm T&E for sockets/cooker and some 1mm T&E + 3&E for lights).

One good thing in Amendment 2 is 1mm usable for "power" now so no silliness of an alarm needing 1.5mm if dedicated 6A MCB but OK from 1mm if off light circuit, etc!

 

[Dustydazzler]

I have no immediate need for much cable, but part of me is wondering if I should buy enough for any jobs I might want to do in the next year (usual 2.5mm/6mm T&E for sockets/cooker and some 1mm T&E + 3&E for lights).

Some big wholesalers are limiting customers to a certain amount of drums of cable per purchase.
I know some big boy contractors who would buy cable by the pallet from the wholesalers but it sounds like they aren't being allowed to do this at the moment due to price volatility

 

[LukeD]

No matter what it costs the customer pays with a 30% mark up . Just keep the clients informed in quotes that any uplift in the cost of cable will be added between the date of the quote and start of works etc

 

[123]

Wickes have 2.5T&E for £71.50, if you have trade account with them it's £64.
I've recken prices will stabilise in the next 6 months or so. All this is just manufacturers try to get some profit back that has been lost because of the covid

Scrap copper etc is sky high so it's not all just profiteering.