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Amtek Technology updates current situation for Copper price trend

New Taipei City, Taiwan (2021.02.28) –

Amtek Technology is closely monitoring the situation of material cost.

Hereby please be notified that the copper price is coming to historic high peak and the trend is predicted to keep upside.

FYI, the copper price is US$9,614.50 per ton on Feb. 25th, 2021 which is over 24% more than the price on Jan. 1st, 2021.

 

Please note that almost all connectors and cable assembly will be used copper as material and it depends on product types and structures for implementing price adjustments. For the parts which have been increased price in these couples of months, the cost might be adjusted and renewed once again according to the actual material cost trend.

Amtek is still communicating and negotiating with suppliers for getting appropriate prices.

 

Therefore, Amtek kindly reminds our global customers to proceed your orders as soon as possible. We recommend customers to prepare and keep some stocks in advance, so that you can get the reasonable quotations. If possible, kindly check the new prices before issue the orders, otherwise Amtek might renew the prices before send out the sales confirmation.

For more information or product inquiry, please visit our website:http://www.amtek-co.com.tw.
Please contact us anytime at web@amtek-co.com.tw.

 


About AMTEK TECHNOLOGY
Amtek Technology Co., LTD. was established in 1997 in Taipei, Taiwan led by CEO Charlo Chu. With rapidly service and excellent product quality and performance, Amtek has developed a leading company in Worldwide Electronics Market by only 22 years. Our main products include connectors, cable assemblies, terminal blocks, RF connectors and cabling which can be applied in smart phone, laptop, monitor, TV, STB and etc. Most importantly, Amtek also provides customized services to meet customers’ various requirements. Currently, Amtek owns 250 employees and five factories in Taiwan and China. Our ultimate goal is making EVERYWHERE AMTEK!