TAIWAN– On October 15, copper prices fell to $5,000 per ton, marking a 7% decline in a single day. Copper foil prices fell 5% in early October and are predicted to decline 5% to 6% in November. Further drops are expected for December, according to industry sources.
September saw copper prices at $7,000 per ton, on average, down 7% to 8% from August. Copper foil supplier Co-Tech is predicting a 5% to 6% decline in prices for November and as much as a 9% drop in December.
Copper clad laminate (CCL) makers, including Nan Ya Plastics, Uniplus Electronics and Elite Material, cut their average selling prices by 5% to 10% in October.
