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CRU cut metal insulated cables growth to 2 2015. 1% _ _ cable wire and cable information network

by:AAA     2020-12-13
CRU cut metal insulated cables growth to 2 2015. 1%

【 Cable network - 】 Recently, given the continued weakness of the market, especially in the past three months demand falling, CRU British goods research institutions for the third time this year cut forecast of metal insulation cable growth for the year 2015 to 2. 1%.

earlier this year, CRU full-year metal insulated cables growth down to 3. 2%. In early August, based on the data in the first half of this year's trade and market situation of major economies, forecast growth down to 2. 7%.

Chinese demand growth is the lowest since 1996

CRU said that the Chinese market demand fell to its lowest level since 1996, and North America demand falling demand for oil and gas field, continuing softness in new investment is almost zero, etc. At the same time, the Chinese market demand has a direct influence to Japan, South Korea and Taiwan and other countries and regions of production decline. On the other hand, the market demand is expected to more than 15% annual decline in Russia.

however, the western European market capacity of modest progress, this year is expected to be the first time since 2010 capacity growth a year.

CRU said that in 2015, prices will fall by 18% on average, prices fell by 10% on average, it's all global insulation cable prices will slump. CRU believes that the total output of metal insulation of the cable and consumption will fall by 8. 5%, total market income less than $160 billion, which is the worst since the international financial crisis of 2009 data, is also the market fell for the fourth straight year.

southern Europe market growth decline is

CRU in the report pointed out that southern European markets, including France, Italy, Spain, Austria, Greece, Portugal and Switzerland, either from the perspective of production or sales this year than in 2014, declined slightly, the drop is not big. But in 2010, production fell 7 as a whole. 5%, sales fell by more than 15%. Among them, the Spanish market over the past few years continued to fall after the rebound, but the French and Italian market continued weakness, Greek market demand is expected to drop to the lowest since 2010.

compared with metal insulation cable market downturn, fiber optic cable production and marketing have a significant growth of southern Europe market total revenue is expected to 2 times that of the previous two years, prysmian, Nike and general cable is one of the largest three southern European markets optical fiber cable manufacturer.

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