COMPONENT PRICES
Cable Price Today: Price, Trends and Forecast 2026 | Tacto
06.07.2026
Current cable reference based on the LAPP metal quotation (July LCP 1,217.87 EUR/100 kg, +1.8 percent versus June and the highest value in the quotation series; reflects the June average LME Cu cash). Trend analysis on the LCP mechanics and the relief effect shifted to August, the falling July LAP (450.22 EUR/100 kg, down 4.5 percent), the pending Section 232 decision and the pass-through of copper-foil costs from the PCB market. Scenarios and procurement recommendations for European industrial buyers.
METHODOLOGY
LCP (LAPP Copper Price) and LAP (LAPP Aluminium Price) are derived from LME cash settlements, the ECB euro reference rate, a cathode premium and ancillary surcharges. LAPP applies the previous month's average for the next month's quotation. Real cable prices additionally include cable type, metal base, construction, shielding, standards, conversion and logistics.
AT A GLANCE
- LAPP LCP for July at 1,217.87 EUR/100 kg, +1.8 percent versus June and the highest value in the quotation series; the July LAP, by contrast, falls 4.5 percent to 450.22 EUR/100 kg.
- The LCP reflects the June average of LME Cu cash (around 13,570 USD/t), which sat slightly above the May mean; the expected decline shifts to the August LCP.
- LME copper cash stands at 13,298.50 USD/t as of 3 July; the Section 232 decision on refined copper is with the President.
- Show the metal surcharge, conversion and logistics separately; shift non-critical call-offs into August.
Contents
What is moving the price right now?
LAPP published the July LCP at the turn of the month: 1,217.87 EUR/100 kg, up 1.8 percent versus June and the highest value in the quotation series. Anyone who had planned for a July decline needs to recalculate: the LCP reflects the prior-month average, and the June average of LME Cu cash, at around 13,570 USD/t, sat slightly above the May mean. The strong first June days outweighed the decline of the second half of the month in the average.
The relief is not cancelled, only postponed. LME copper cash stands at 13,298.50 USD/t as of 3 July; if spot holds at this level, the August LCP picks up the decline. In aluminium the effect is already visible: the July LAP falls 4.5 percent to 450.22 EUR/100 kg.
The Section 232 follow-up report on refined copper was delivered to the President on 30 June; the decision on the staggered duty (15 percent from 2027, 30 percent from 2028) is open. A confirmation would permanently re-route US-bound metal into Europe and hit US cable imports further.
The secondary effect from the PCB market remains: processed copper foils sit around 35 percent higher and pull foil capacity out of the cable market.
What we watch: the July spot path as the basis of the August LCP, and the presidential decision.
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What does this mean for procurement in DACH?
Use the LCP mechanics for timing: July call-offs carry the record LCP, August call-offs most likely the spot decline. Buyers with flexibility shift non-critical volumes.
Show the metal surcharge (LCP), conversion and logistics separately. The LCP sits 38 percent above the prior year while conversion costs rise far less; without a breakdown the difference moves into the supplier's margin.
Evaluate aluminium conductors as an alternative: the July LAP falls 4.5 percent, and the copper-aluminium ratio keeps shifting in aluminium's favour.
Add an adjustment clause for the pending Section 232 decision to H2 cable contracts and tie the metal surcharge to the LCP monthly average with an upper and lower bound.
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Cable Price Forecast: Our Procurement Intelligence Team's Assessment
Base Scenario
The July LCP of 1,217.87 EUR is set for the month. (1) Spot at 13,298.50 USD/t as of 3 July points to a lower August LCP, (2) the pending Section 232 decision keeps a premium in the market, (3) the firmer euro dampens the EUR quotation. Over the next four to six weeks we expect 1,150 to 1,250 EUR/100 kg.
Risk Scenario
The President confirms the duty on refined copper, renewed Gulf escalation, or the PCB foil effect tightens supply further. Probability 25 to 30 percent over the next three months.
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Frequently Asked Questions
Most sensitive are power cables, control and automation cables, data center cables, and applications in grid, industrial, and EV charging infrastructure. These segments sit at the intersection of high metal relevance and robust demand — making price and availability pressure most visible.
Metal-driven primarily when metal surcharges or metal-adjacent components are demonstrably rising. Construction- or delivery-driven when additional requirements from termination, code compliance, shielding, short lead times, or custom configurations add cost. In practice, both layers are often working together right now.
Because the metal content share and construction vary significantly by cable type. Building wire with high copper content sees almost immediate pass-through. Complex industrial cables with significant non-metal content see a more moderated effect. The same copper chart should not automatically be applied with the same intensity to every cable type.
Copper is an important driver but not a complete reference for cable pricing. What matters for your procurement is the surcharge logic — how the metal base, metal index, and metal content share for the specific cable type feed into the price. Construction, insulation, shielding, code requirements, and logistics add further cost layers.
