Skyrocketing Copper Prices Force Air Conditioner Price Increase

2024-05-19
Over the past year and a half, copper prices, which had been stable at RMB 65,000 (about US$ 9,000) to just under RMB 70,000 (about US$ 9,700) per ton, rose sharply during the past few trading days, rising both in the international and domestic markets; futures and spot prices have all risen to more than RMB 70,000 per ton.
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