The wire and cable industry is China's second largest industry after the automotive industry, with product variety satisfaction rates and domestic market share exceeding 90%. In the world, China's total output value of wire and cable has surpassed that of the United States and has become the world's largest wire and cable producer. With the rapid development of China's wire and cable industry, the number of newly added companies has continued to rise, and the industry’s overall technological level has been greatly improved.
Wire and cable industry development prospects in China
The sustained and rapid growth of China’s economy provides a huge market space for cable products. The strong attraction of the Chinese market has led the world to focus on the Chinese market. In the short period of reform and opening up, China’s cable manufacturing industry The huge production capacity created makes the world impressive. With the continuous expansion of China's power industry, data communications industry, urban rail transit industry, automobile industry and shipbuilding industry, the demand for wire and cable will also grow rapidly. The wire and cable industry in the future will have enormous potential for development.
Impact of the financial crisis on the cable industry
In November 2008, in response to the world financial crisis, the government decided to invest 4 trillion yuan to stimulate domestic demand, of which about 40% was used for the construction and transformation of urban and rural power grids. The national wire and cable industry has also had a good market opportunity. Wire and cable companies around the country have seized the opportunity to welcome the new round of urban-rural power grid construction and transformation.
Control cable price calculation
The price of the control cable is given by the following formula: Copper weight X Copper price calculation: Filament ÷ 2 = 1.25 X 1.25 X 3.14 = Number of squares X Number of filaments X 0.89 X Processing cost of copper at that time + 10%.
Control cable cost price calculation
Square X1.83 = weight of copper X copper price at the time + price of equipment (weight X0.4 yuan/kg) = cost price + 10% processing fee
Cable price = manufacturing material cost + fixed fee + tax + service fee + profit
Manufacturing material cost = material cost * (1 + material consumption) (material cost is calculated theoretically)
The fixed fees vary according to the situation of each company and generally include production wages, management wages, utilities, repairs, depreciation, rent, transportation costs

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