Coming to sales of insulated wires and cables, China and some other markets such as North America experienced a demand recession in the first quarter of 2015. With the impact of the frustrated economy, the expectation of the growth rate of global insulated wire and cable consumption is lowered to 3.2% which is 3.5% in 2014.
The growth rate of fiber cables will be very unsatisfying. Meanwhile, 5.7% is still expected which is much higher than the 4.5% predicted much earlier.
There’s no giant fluctuation in the copper price. Compared with the price in 2014, it’s 8% lower which contributes to a continuous four years deduction in cable prices.
The rumor goes that the growth expectation for 2014 is already lowered considering the negative prospects of the global economy.
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