What Factors Determine The Price Of Wire And Cable

What Factors Determine The Price Of Wire And Cable

Wires and cables are widely used in power systems, information transmission systems and some mechanical equipment. We know that there are many types of wires and cables, and the varieties and specifications are also different, so the price of wires and cables will also be different, but what factors are the main factors affecting the price? Let's take a look together.

1. The price fluctuation of raw materials such as copper and aluminum directly affects the production cost of wires and cables. The prices of these metals fluctuate with the market. If the order is large, a small change in the metal price can make a huge difference. Some customers will sign the bill when the price is high, but when the copper price drops during the production process, the customer will lose something and buy more expensively. In this regard, experts suggest that we should pay attention to the changing trend of metal prices in advance to prevent losses.

2. National real estate macro-control policies. In the past two years, real estate prices have risen sharply, real estate sales have boomed, and orders for wire and cable have increased significantly. Therefore, wire and cable prices have risen to meet the supply shortage in the market. In recent years, after real estate prices have soared, the state has introduced a series of real estate control measures, such as purchase restrictions. The downturn in the real estate market has a great impact on related industries, and the demand for wires and cables has dropped significantly. Therefore, the price of wire and cable is also reduced.