Why is it Important for You to Track Copper Prices?

Copper is a multidimensional metal and its use is in various businesses. That is why its fluctuations in prices affect the businesses. Copper is used in many industries where the manufacturing of things happens like wires, pipes, electricity products, and also the parts of machinery.

When the prices of copper fluctuates then the cost of these products also fluctuates. So, for businesses it becomes very essential to track the copper prices and also predict the future copper prices as well. 

How CostMasters helps you Track Copper Prices and Copper Futures Prices?

CostMasters consulting company work as research, outsourcing and purchasing consultancy in India. We are experienced in product cost management raw material price tracking, spend analysis, sourcing services and crafting best in class procurement processes that is beneficial for you. One of our benefits is that we take care of your profit. We provide our price tracking services to major OEM’s, auto-component manufacturer and other engineering product manufacturer companies. We are a team of industry experts in our domain.

CostMasters was established in 2013 and we have continuously gained expertise in this domain. We have served over 950 clients so far and we track over 200 commodities. We are working with top notch multinational companies and tier-1 clients.

How will You Track Copper Prices with CostMasters?

The report is present in two formats; one is online CIR web access and other one is pdf reports. Online CIR web access provide you the latest copper prices on the daily basis. Also, the data is updated twice a week that is Monday and Thursday. You can track the live prices with the convenience of your single click. Whereas in the monthly CIR report, you will get the data of copper future prices. You will get an insightful data analysis with the help of these monthly CIR reports. These reports will show you the data of last three years price change, average monthly prices of last one year and analytics for the same duration. These reports also explain you the year-on-year price change for the last two financial years as compared to the current financial year.

Below, you can check the screenshots of online CIR web access data representations;

Also, you can check the snapshots of CIR monthly reports that will provide you the forecasting reports of copper,

Copper Price Forecasting Report

Let us understand that on which factors we can make this prediction,

• We are using historic data that is monitored by us too and also the current market scenario.
• We are creating forecasting reports on the basis of Statistical and mathematical model on the basis of sound database of last 5 years. We also consider the domestic and international happenings while creating these reports.
• We can ensure you that with our reports you will get the accuracy of more than 85-90% and which is great according to the other market analysis.
• Forecasting reports are generated quarterly and it include the next one-year prediction as well.
• Forecasting You can reach our latest newsletters on our website with our crude oil price tracking services.
• Now our website is also mobile-friendly so that you can subscribe us by the comfort.

Why CostMasters is better than other free resources available on the internet;

• We are using historic data being monitored by us and current market scenario.
• Efficient and accuracy is 80-85%.
• Expert Data is available.
• Our sources are industry experts who have years of experience in the raw materials procurements.
• We have successful case-studies of our raw material price tracking services.

Frequently Asked Question;

Q1: Why Choose CostMasters over other free resources available online for free?

Ans: The data shown by CostMasters is more accurate and authentic than the free resources available over the internet. CostMasters is in business of raw material price tracking since 2013. CostMasters is tracking the prices of copper, aluminium, zinc and more than 200 commodities with just one click.

Q2: What are the advantages of Choosing CostMasters for Raw Material Price Tracking Services?

Ans: (1) Negotiate with Confidence

(2) Informed Price Changes

(3) Optimize Production Costs

(4) Design for Profit

(5) Budgeting Made Easy

(6) Streamlined Audit

Q3: We are providing raw material price tracking services for whom?

Ans: Our target audience is;

• Automotive OEM’s
• Auto Component Manufacturers
• Engineering OEM’s
• Home Appliances Manufacturers
• Electrical Equipment Manufacturers
• Earthmoving & Agricultural Machinery

Q4: How will you get the data on the website of CostMasters?

Ans: The data you will get on the website is in the form of graphs as shown above. The data is validated from the researchers who are with this business since years.

Q5: How will you track the Copper Current and Copper Future Prices?

Ans: You will get monthly CIR report for forecasting of the particular commodity. The other one is online web portal (Online Web Access) where you will get the live prices of the particular commodity. Online web access is updated twice a week. In the forecasting report, you will get data of upcoming one year.