The wire and cable profession is the second largest industry in China after the automobile profession, and the cost of copper accounts for 60% of the total domestic copper spending in recent years. The development of wire and cable occupations directly affects the demand for refined copper in the country, and finally affects the quotation trend of copper. Therefore, it is necessary to know the current situation and characteristics of the wire and cable profession in China, analyze its future development trend and guess the need for copper futures stores in the future.
Electric wires and cables are a large class of electrical commodities used in power transmission and distribution, power transmission, sound, text, pictures and other information transmission and lighting. They are indispensable basic devices for the production of all kinds of motors, electrical appliances and appearance. It is a necessary basic commodity in the construction of China's electric power infrastructure, new smart grid and new energy industry. The wire and cable profession accounts for the output of the domestic electrical profession 1ax 4, which is the second largest occupation in China after the automobile profession. China's wire and cable output has now surpassed that of the United States and become a major wire and cable producer. The upstream of the wire and cable industry is mainly its original data supply companies, such as copper pole, aluminum pole and other cable information companies, the cable costs more occupations, including power grid, automobile, mechanical production, rail transit, aerospace, household appliances and so on.