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Contact person
Manager Zhang Hunan Weide Investment Promotion, Hunan Weide
Agent
, Hunan Weide Personal agent, Hunan Weide company agent, Hunan Weide spot investment, Hunan Weide spot agent, Hunan Weide silver investment, Hunan Weide silver agent, Hunan Weide fuel hydrocarbon investment, Hunan Weide fuel hydrocarbon agent, Hunan Weide Bulk investment.
h:mb.. In terms of consumption,
China’s copper demand exceeded expectations. Lu Jialong, senior analyst of Shanghai Nonferrous Network Copper, said that copper consumption in the power industry has been unexpectedly strong thanks to the rapid growth of power grid investment and photovoltaic policies. Copper consumption has grown throughout this year
, rd consumption growth
.%.
h:mb.
The wire and cable industry was relatively sluggish in the first half of the year, but exceeded expectations in the second half of the year. The average daily copper consumption of major cable factories was basically more than
tons,
, r peak
The amount of copper used in the period is as high as
tons
tons, mainly due to
,rThe sharp rise in the real estate market
commonly used in distribution networks, residential buildings, The amount of copper used in infrastructure projects and State Grid investment is the main force in the market. Cai Hao, purchasing director of Far East Cable Co., Ltd. and assistant to the general manager of Far East Materials Trading Center, said that it is expected that the growth rate of State Grid investment next year may not be fast, but the increase will still be large, and it is estimated that it will continue for three to five years.
h:mb. The recent rise in copper prices is more due to the demand for financial liquidity and hedging. Lu Jialong predicts that copper prices will first rise and then fall in 2020, with the operating range being
USD/
tons and Shanghai copper fluctuation range being
yuan/
tons.
The production capacity of the domestic aluminum industry will still face the pressure of overcapacity. According to research data from Shanghai Nonferrous Metal Network, the new domestic electrolytic aluminum annual production capacity is expected to reach 10,000 tons in 2020. By the end of the 13th Five-Year Plan, China's overall annual electrolytic aluminum production capacity is expected to reach 10,000 tons.
The annual growth rate of electrolytic aluminum output is expected to be .
, while the actual consumption growth rate is .
, indicating that supply tends to be in excess.
h:mb.r Hunan Weide Trading Center is recruiting agents nationwide
. Telephone
rContact person
Manager Zhang
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