The consumption of copper has accounted for 60%-86% of the total domestic copper consumption

Common cable joints and other cable companies mainly make profits by earning processing fees. This payment mode requires cable companies to plan their cash flow reasonably to avoid difficulties in capital turnover. 

In the transmission voltage, the voltage between 110KV-220KV is high voltage, the transmission voltage of 330KV-750KV is ultra-high voltage, and the voltage of 1000KV AC and DC plus or minus 660KV is called UHV. At times, different risk exposures will be generated. Wire and cable products are classified according to voltage levels and can be divided into different voltage levels such as low voltage, medium voltage, high voltage, ultra high voltage and ultra high voltage.

In recent years, the consumption of copper has accounted for 60%-86% of the total domestic copper consumption. Therefore, it is very necessary for the copper futures market to understand the development status and characteristics of my country's wire and cable industry, analyze its future development trends and predict the future demand for copper. There are many cable consumer industries, including power grids, automobiles, machinery manufacturing, rail transit, aerospace, and household appliances. 

They are indispensable basic equipment for the manufacture of various motors, electrical appliances, and meters. The wire and cable industry occupies a quarter of the output value of the domestic electrical industry, and is the second largest industry in my country after the automobile industry. 

When an enterprise signs a sales contract with a customer, it generally takes the purchase price of copper (aluminum) rods plus a hydraulic flange manufacturer  certain percentage of gross profit as the sales price. , And the remaining 10% will be paid as a quality deposit after the expiry of the warranty period.