The rise and fall of copper prices have a significant impact on cable companies in the power industry. We know that wires and cables are mainly composed of conductors, insulation materials, fillers, braiding, and auxiliary materials. The conductor is dominated by copper, while the cable shield contains braided copper wire.

The construction or renovation of power stations and power grids drives an increase in demand for wires and cables. But with the rise in copper prices, many wire and cable manufacturers have had to adjust their prices based on fluctuations in copper prices.