The growth of electricity consumption will drive the growth of overhead cable demand

June 14, 2015, released by the national energy board in May the whole society electricity data show that the month of China's electricity consumption of the whole society to 5103 million kilowatts, an increase of 13.7%, growth rebounded for 4 months, and a two-year high. The whole society with the power data is significantly improved, and the wire and cable industry may be good news.

Data show that from January to May, the total electricity consumption of 3500300000000 kWh of electricity, a year-on-year growth of 6.8%. Sub industries, the first, second, and third industrial power consumption were 69200000000 kwh, 2565400000000 kwh, and 416100000000 kwh, an increase of -0.5%, 6.3%, 10.7%. Urban and rural residents live with electricity consumption of 449600000000 kwh, up 7.5%.

At present, China's aerial cable industry is facing a shortage of operating rate. According to a research team to China two wire and cable production base - Wuxi, Jiangsu and Anhui Enterprise tracking investigation results show: in Wuxi area is research of large, medium and small enterprises with a total of 41. 5 months total average operating rate was 56.52%, Anhui Province by investigation of large, medium and small enterprises with a total of 34, 5 months total average operating rate to 66.09%. 

Overcapacity and oversupply are hindering the normal business of cable companies. And pull up the demand for aerial cable to eliminate excess capacity, improve the cable industry's operating rate has a great help.

With the rise of electricity consumption of aerial cable, demand growth has a pull role. In consumption picked up will help to accelerate the construction of power, as of May 24, held in Guangzhou "ultra-high voltage cables and energy-saving wire with new technology exchange" said that "China's special high-voltage power grid in recent years development speed is very fast, which is a very important reason is China's demand great." High voltage power grid and other power construction is a large part of the reason is the growth of electricity demand, and power construction on the demand for aerial cable is often very large.

May total electricity consumption grew 13.7% year on year to a new high, and the growth rate has been 4 consecutive months of recovery, such a good situation may stimulate the growth of China's aerial cable demand.