The continuous low price of copper has brought good news to the mining cable industry, but it has brought unexpected effects to the manufacturers of copper substitutes. Market information shows that this year, the market outlook for copper substitute cable is full of variables.
Yuan Genfa, secretary general of the Shanghai Mining Cable Industry Association who has always been concerned about the trend of copper prices, believes that at present, a considerable number of companies in the cable industry have adopted new production methods to develop and produce cable products that use substitutes as their core materials. From the trend analysis of copper prices in the future This will cause no small impact on these companies.
The use of alternatives to replace copper in cable products has become a trend. People in the industry will not forget that in the middle of last year, copper prices rushed to the 80,000 yuan/ton mark, and hovered around 75,000 yuan/ton. Due to the high price of copper, electrical companies are looking for alternatives to reduce costs. For a time, the development of cables for copper alternatives was in full swing. In the second quarter of 2006, there was a hot market in the copper-clad aluminum market, with usage increasing by more than 300% over the same period in the past.
As the mining cable industry, which is a large copper company, due to its greatest impact on the copper price turmoil, the development of its alternatives has progressed fastest and has achieved considerable success.
There are 225,000 tons of alternative products instead of copper. This figure is 3 times that of 2007, and the replacement amount in 2009 was more than double that of 2008. Due to the good momentum of development, some copper substitute manufacturers expanded. Production capacity is expected to increase again this year.
Regardless of whether it is copper or its substitutes, its future depends on the market demand. The buyer's attitude towards copper substitutes directly determines its future development.
Compared with alternatives, copper has a long history of application in the cable industry, and its product performance is stable. Both the manufacturer and the user of the electrical product have gained great popularity. As a substitute for new things, although it has many advantages, it is not an easy task to become mainstream in the market. According to the analysis of the current trend of copper prices, the market sales of copper substitute cables will have considerable resistance this year.
After studying the application of copper substitutes in China, the relevant agencies found that when the price of copper is higher than 75,000 yuan/ton, the market demand for copper substitutes is strong; and when the price of copper falls back to 65,000 yuan/ton, copper The competitiveness of alternatives is greatly reduced, and the demand for copper will increase substantially.
The changing market has triggered the industry's thinking. Experts believe that the resources of copper in the world are in short supply, and copper materials in our country are subject to human control. Therefore, some products that can use alternatives do not have to use copper. This is very favorable from the perspective of resource recycling and environmental protection.
Yuan Genfa, secretary general of the Shanghai Mining Cable Industry Association who has always been concerned about the trend of copper prices, believes that at present, a considerable number of companies in the cable industry have adopted new production methods to develop and produce cable products that use substitutes as their core materials. From the trend analysis of copper prices in the future This will cause no small impact on these companies.
The use of alternatives to replace copper in cable products has become a trend. People in the industry will not forget that in the middle of last year, copper prices rushed to the 80,000 yuan/ton mark, and hovered around 75,000 yuan/ton. Due to the high price of copper, electrical companies are looking for alternatives to reduce costs. For a time, the development of cables for copper alternatives was in full swing. In the second quarter of 2006, there was a hot market in the copper-clad aluminum market, with usage increasing by more than 300% over the same period in the past.
As the mining cable industry, which is a large copper company, due to its greatest impact on the copper price turmoil, the development of its alternatives has progressed fastest and has achieved considerable success.
There are 225,000 tons of alternative products instead of copper. This figure is 3 times that of 2007, and the replacement amount in 2009 was more than double that of 2008. Due to the good momentum of development, some copper substitute manufacturers expanded. Production capacity is expected to increase again this year.
Regardless of whether it is copper or its substitutes, its future depends on the market demand. The buyer's attitude towards copper substitutes directly determines its future development.
Compared with alternatives, copper has a long history of application in the cable industry, and its product performance is stable. Both the manufacturer and the user of the electrical product have gained great popularity. As a substitute for new things, although it has many advantages, it is not an easy task to become mainstream in the market. According to the analysis of the current trend of copper prices, the market sales of copper substitute cables will have considerable resistance this year.
After studying the application of copper substitutes in China, the relevant agencies found that when the price of copper is higher than 75,000 yuan/ton, the market demand for copper substitutes is strong; and when the price of copper falls back to 65,000 yuan/ton, copper The competitiveness of alternatives is greatly reduced, and the demand for copper will increase substantially.
The changing market has triggered the industry's thinking. Experts believe that the resources of copper in the world are in short supply, and copper materials in our country are subject to human control. Therefore, some products that can use alternatives do not have to use copper. This is very favorable from the perspective of resource recycling and environmental protection.
Tengqiang Electronics Co.Ltd , http://www.xingdaele.com