Copper is Crazy Again?!

On 9^th Feb, 2017, Escondida in Chile which is the biggest copper mine in the world announced to strike. Meanwhile, Grasberg in Indonesia which is the second cooper mine also stopped exporting. So the international price of copper is increasing sharply, more than 4% on 10^th Feb, 2017. It is the new peak after June, 2015.

Now could you feel what kind of problem for us? It means our production cost of air cooled condenser, unit cooler and condensing unit have to increase. So are you ready for this cruel truth?

If you are in cold room warehouse project, you have to bear more expensive cost. Because copper is necessary for your cold room refrigeration system and cold storage installation.

So we all hope investor and labor in Escondida can have a successful negotiation and work as normal. Under this way, we all can keep our stable cost with air cooled evaporator, air cooled condenser and condensing unit. Our lovely customers also can get better benefit from cold room and refrigeration system.

So Copper, Copper, Please don’t be crazy!

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