--- title: Copper Supply and Pricing Still a Challenge for Connector Makers description: Copper Supply and Pricing Still a Challenge for Connector Makers image: https://pages.supplyframe.com/hubfs/IQ%20Insider%20Bottom%20Banner.png --- [![large-Supplyframe-Logo-web](https://pages.supplyframe.com/hs-fs/hubfs/large-Supplyframe-Logo-web.png?width=204&height=44&name=large-Supplyframe-Logo-web.png)](https://supplyframe.com/) [![Contact](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/7283073/ca0536c0-b32a-42e2-8621-61c35fb59ad0.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/7283073/ca0536c0-b32a-42e2-8621-61c35fb59ad0) # IQ Insider *Powered by Commodity IQ* [![Subscribe to IQ Insider](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/7283073/68076d51-a4ec-43f5-9244-024375c6873b.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/7283073/68076d51-a4ec-43f5-9244-024375c6873b) ## [Copper Supply and Pricing Still a Challenge for Connector Makers](https://pages.supplyframe.com/ciq/copper-supply-and-pricing-still-a-challenge-for-connector-makers) Sep 6, 2024, 1:22:18 PM / by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe) - [Tweet](https://twitter.com/share) Though global copper reserves will currently meet demand, consumption continues to outpace supply. According to the International Copper Study Group (ICSG), the projected surplus of copper for 2024 will contract by 65%. Pricing, while bearish, has retreated from over $10,000 per metric ton in May on fears of short supply and as Chinese smelters cut production. Yet, on average, copper pricing was 13% year-on-year in July, prompting some connector manufacturers to pass cost increases to customers to preserve margins. #### Written by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe) supplyframe --- - [**Recent**](https://pages.supplyframe.com/ciq/copper-supply-and-pricing-still-a-challenge-for-connector-makers#tab-1) # About Us Use this little footer to reinforce your message about who you are and why people love working with you. And since this is a global module, you only have to edit it once to make the changes across every page it appears on. [Learn More](https://www.hubspot.com) # Links # Contact Us (626) 793-7732 [yourname@company.com](mailto:yourname@company.com) 61 S Fair Oaks Ave Suite 200 Pasadena, CA 91105 Copyright © 2026 [Supplyframe](https://supplyframe.com/) Accessibility [Privacy Policy](https://sfcomdev.wpengine.com/privacy-policy/) [Terms of Service](https://sfcomdev.wpengine.com/terms/) ![](https://px.ads.linkedin.com/collect/?pid=1972124&fmt=gif)