The whole society obviously improved electricity or good cable industry

On September 14, the National Energy Administration released the data of electricity consumption in August in the whole society, showing that the electricity consumption in China’s entire society was 510.3 billion kWh, a year-on-year increase of 13.7%, and the growth rate has risen for four consecutive months, setting a record for two years. new highs. The obvious improvement in the use of electricity data in the entire society may be a good news for the wire and cable industry.

Data show that from January to August, the total electricity consumption of the entire society was 3,530 billion kWh, a year-on-year growth rate of 6.8%. From the perspective of industry, the electricity consumption of the first, second and third industries was respectively 69.2 billion kWh. 2656.4 billion kWh and 416.1 billion kWh, representing a year-on-year increase of -0.5%, 6.3%, and 10.7%, respectively. The electricity consumption of urban and rural residents was 449.6 billion kWh, an increase of 7.5%.

At present, China's wire and cable industry is facing a shortage of operating rates. According to a research team's follow-up investigation on two major wire and cable production bases in China, Wuxi and Anhui enterprises in Jiangsu Province, there are 41 large and medium-sized enterprises surveyed in Wuxi. The average operating rate in August was 56.52% (see Table 1 for details). There were a total of 34 large and medium-sized enterprises surveyed in Anhui Province. The average operating rate in August was 66.09% (see Table 2 for details). Overcapacity and oversupply hinder the normal operation of cable companies. The increase in the demand for pulling wire and cable will greatly help eliminate excess capacity and increase the operating rate of the cable industry.

The recovery of electricity consumption has a positive effect on the growth of wire and cable demand. The recovery of electricity consumption will help speed up the construction of electric power. Just as August 24, the academician of the Chinese Academy of Engineering and the chairman of the Expert Committee of China Southern Power Grid Li Li

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