What is the outlook for the 2023 copper row market?

Copper as an important raw material for the electrical industry, its application is more widespread, not only can be used in large factories, commercial office buildings, community power transmission and distribution is also inseparable from its application. Therefore, the development of copper row and the prospects of various industries are closely related to the outlook for 2023 copper row development prospects?

From the macro level, the domestic central bank in 2022, two downgrades, to provide the real economy to provide more than one trillion yuan of long-term liquidity, and interest rate cuts also make the real economy comprehensive financing costs significantly reduced, for large and medium-sized enterprises to provide sufficient liquidity. In addition, various policy tools for the real estate industry have been launched, laying the foundation for smooth and orderly real estate financing. On the whole, the various favourable domestic policies will gradually come to fruition in the process of market transmission, and the market generally expects the domestic economy to show significant improvement in 2023. Overseas, in 2022, Europe and the United States have achieved austerity policies, the risk of recession is high, and in 2023 austerity policies will continue to advance, but the degree of austerity needs to be adjusted according to the actual economic situation. In summary, both domestic capital adequacy or policy support for the development of the real economy has provided a solid foundation, making the domestic and foreign markets for the domestic economic upturn there are strong expectations and confidence.

Since the epidemic, the copper row market has been under greater pressure, orders have fallen sharply year-on-year, making the already near-saturated copper row market worse. Copper row is mainly used in power transmission and distribution, different types of copper row applied in different locations occasions, such as small and medium row is mainly used in high-rise commercial buildings and community power distribution rooms, etc., large row is mainly used in large manufacturing plants, etc. For the 2023 copper row market specifically, look at:

Ⅰ: in the market is expected to 2023 the economy is obviously improving in the background, the domestic policy support has been increasing, and around the Spring Festival focused on issuing a number of central budget investment to support the construction of major projects in the field of new infrastructure, for the development of manufacturing plants has a certain driving effect, some large enterprises have been in the expansion plan to make preparations, engineering construction for transmission and distribution equipment has a large number of demand, thus to a certain extent can enhance the demand for copper row.

Ⅱ: After the liberalisation of epidemic control, entertainment consumption has increased significantly, which also has a certain promotion effect on business development, and the demand for copper row-related products in the process of expansion or renewal will also be raised accordingly.

Ⅲ: For small and medium-sized copper row enterprises, the development of new markets become the primary concern, the epidemic control and relaxation of restrictions on logistics and transport and personnel mobility will no longer exist, for enterprises to develop customers is absolutely good, it is expected that small and medium-sized enterprises can also obtain a certain amount of order increment.

In summary, in 2023 under the strong expectations, the overall economic boost for the development of copper row enterprises to provide a variety of opportunities, is expected in 2023 copper row production compared to 2022 will be a moderate increase.