Submersible pump cable prices expected to rise

07.03.2022       

The cost of aluminum and copper during trading on the London Metal Exchange (LME) has updated its historical maximum. Aluminum has risen in price to $4026.50 per ton. Copper rose to $10,845/t.

Palladium also set a new record. During the trading session on the Comex exchange, its price rose by 13.15%, to $3.374 thousand per ounce.

Metals rise in price due to fears of lower supplies amid Russian military operation in Ukraine, announced by Vladimir Putin on February 24. From the moment it began, the price of gas also began to rise sharply. Today, March 7,