Monthly Market Snapshot: August 2016

CRU Subscriber Content

The Monthly Market Snapshot is an overview of raw materials price developments and economic indicators that impact wire and cable. The Snapshot is published at the end of each month and features copper, aluminium and oil prices, a polymer index as well as our metallic Cable Index. The Snapshot also features monthly global economic developments, covering changes in GDP/IP, construction, auto manufacturing and currency developments.

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Markets: Brazil limps, some silver clouds in Argentina

CRU Subscriber Content

The monthly Markets article focusses on a different world region every month, detailing copper wire and cable consumption, and productrion as well as copper wire rod demand. We look at which companies comprise the main wire and cable producers in that particular region or country, including underlying economic fundamentals like GDP, IP, construction, auto production, as well as currency developments. 

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Prices: Copper & aluminium conductor cable index narrows

CRU Subscriber Content

The CRU Raw Material and Cable Index is a unique set of indices that show historical and current pricing trends in the form of indices going back to 2009. In this piece, which is updated every month, we review the underlying fundamentals driving the indices. The CRU Raw Material Index consists of copper, aluminium, steel, LLDPE and PVC indices, while the CRU Cable Index consists of indices for six major cable types.

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Insulated metallic wire & cable growth forecast at 2.9% for 2016

CRU Subscriber Content

CRU has modestly revised up its demand estimate for insulated metallic wire and cable for 2015 based on recently published trade data, but has reduced its 2016 growth forecast to 2.9%. With full year trade data now available for most countries, along with other 2015 data that CRU monitors, we have made some minor revisions to our estimates for the global insulated metallic wire and cable market, although the overall picture remains the same.

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Clean energy to drive China's demand for copper, wire & cable

CRU Subscriber Content

Investments in solar, wind and hydro energy are set to fuel continued demand for copper in the form of various cabling required for these industries. The most recent statistics provided by Bloomberg New Energy Finance show that China was by far the largest investor in clean energy in 2015, increasing its dominance with a 17% rise to $110.5 billion.

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China UHV projects stimulate aluminium cable demand

CRU Subscriber Content

Overcapacity has become a big issue in China, particularly for primary aluminium, which reached a surplus of 1.52 million t by end-2015. Stimulating demand, among various approaches, is one way the Chinese state has dealt with the problem. One of these is to continue investing in UHV networks. Back in December 2014, a blueprint for ultra-high voltage (UHV) networks was released by the State Grid Corporation of China (SGCC).

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Optical cable demand rose another 17% in 2015

CRU Subscriber Content

In 2015, the worldwide optical cable market posted another record year, with 364 million km of fibre installed. This amount was a 17% increase over the 311 million fibre-km installed in 2014. And the growth in 2014 also was 18% over the amount installed in 2013. With a fairly steep ascent underway, suppliers ask - are we going toward a peak or a plateau, and how far up is it? This is the question that Richard Mack, principal consultant, Wire & Cable, CRU asks in his piece on the global fibre optics market.

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Iran coming in from the cold

CRU Subscriber Content

The recent thawing of tensions between Iran and the West presents a potential area for strong growth in the medium term, most notably its copper and domestic wire and cable industries. On July 14, 2015, China, France, Germany, Russia, UK and US signed the Joint Comprehensive Plan of Action (JCPOA) with Iran, which limits its nuclear program while the international community enacts the lifting of sanctions on Iran. If the JCPOA is successfully implemented, it will result in the lifting of all US, EU and UN sanctions on Iran by March-June 2016. The implications for the Iranian economy are significant.

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General Cable in danger of losing third place

CRU Subscriber Content

Rob Daniels, principal consultant, Wire & Cable, CRU presents our ranking of the top 30 cable companies, all of which have over $1 billion in sales revenue per annum. The US' General Cable is likely to lose its third place ranking to Korea's LS Cable once it has completed the divestiture of all its Asia Pacific, Middle East and Africa businesses. The Prysmian Group has maintained its position as the largest insulated wire and cable manufacturer in the world, with Nexans in a clear second place.

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China and India to drive surge in aluminium wire rod production

CRU Subscriber Content

Jason Sappor, consultant, Aluminium, CRU, forecasts that higher primary aluminium wirerod output in China & India will cause a surge in global primary aluminium wire rod output. Higher primary aluminium wire rod output in China and India will cause global primary aluminium wire rod production to surge by an average rate of 9% per annum between 2014 and 2019, faster than the pace of growth expected in overall primary aluminium production during the same interval.

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"In Broadcast there is no room for error" says Belden

CRU Subscriber Content

Growing demand for live content - sports, major events, entertainment - means that broadcasters are under increasing pressure to deliver, so mission critical equipment is important. Jan-Pieter van Welsem, VP Sales & Marketing, Enterprise & Broadcast Connectivity, EMEA, at Belden talks to CRU Wire & Cable News about the company's Broadcast Solutions business, outlining trends, opportunities and challenges in this particular segment of the industry.

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Outlook for optical cable varies among countries

CRU Subscriber Content

The installation of optical cable in communication networks currently is running at an annual level of 300 million fibre-km, much more than was imagined a decade ago. Richard Mack, principal consultant, Wire & Cable, CRU, asks some pertinent questions about the outlook for fibre optic growth and the distribution of cable manufacturing.

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Automotive: Leoni faces new challenges, seizes opportunities

CRU Subscriber Content

Dr. Klaus Probst, Leoni's CEO, talks to Natalie Noor-Drugan, editor-in-chief, CRU Wire & Cable News, about the challenges and opportunities in its main automotive business as well as in its other niche markets. Germany's Leoni is Europe's top automotive wiring systems producer and the fourth largest globally. About 75 - 76% of its total revenues are from the automotive segment. Read on to find out how Leoni operates in this segment.

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Datacentres: A key market for Huber & Suhner

CRU Subscriber Content

Philip Ward, Huber+Suhner's Datacentre Market manager, talked to Natalie Noor-Drugan, editor-in-chief of CRU Wire & Cable News at the recent Datacentre World event held in London. Ward talked about the datacentre market and how the Swiss company operates in that segment. Ward outlines the composition of the datacentre market, its trends, challenges and opportunities.

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  • CRU Wire & Cable News

    CRU Wire & Cable News
    Lead Author: 
    Natalie Noor- Drugan
    Frequency: 
    Monthly
    Last Update: 
    29 Jul 2016
    This daily, weekly and monthly service has all the news, analysis & insight into the global metallic wire and cable and fibre optics industry. A subscription gives full access to this website including all premium content and emailed daily & weekly news alerts. All news is compiled into an emailed and downloadable monthly PDF report.
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  • Optical Fibre & Cable Monitor

    Optical Fibre & Cable Monitor
    Lead Author: 
    Richard Mack
    Frequency: 
    Quarterly
    Last Update: 
    26 Apr 2016
    Published every two months with global coverage of the highly volatile optical fibre and fibre optic cable markets. Reviews the key global regions of Asia-Pacific, Europe and North America, plus emerging markets, it is the authoritative voice within the industry, delivering quarter-by-quarter updates on current developments.
    Read an excerpt of the latest report here
  • Wire & Cable Market Outlook

    Wire & Cable Market Outlook
    Lead Author: 
    Andy Simmonds
    Frequency: 
    Quarterly
    Last Update: 
    29 Jul 2016
    A quarterly report with in-depth market analysis and five-year forecasts for the production, consumption and price of all major wire & cable products. All forecasts are updated every quarter. Each report provides analysis of all major wire & cable companies as well as a special regional focus on two major regions for the global market.
    Read an excerpt of the latest report here
  • Telecom Cables Market Outlook

    Telecom Cables Market Outlook
    Lead Author: 
    Richard Mack
    Frequency: 
    Bi-Annual
    Last Update: 
    26 May 2016
    Published twice a year, this report covers production, consumption, preform capacity and pricing with annual forecasts out to five years. Provides production data by facility & region for over 250 fibre optic cable facilities and 50 facilities that make fibre or preforms. Includes an update of the main telecom and economic indicators, as well as profiles of the main fibre and cable manufacturing groups and external copper telecom cable production & demand.
    Read an excerpt of the latest report here
  • HV & EHV Market Outlook

    HV & EHV Market Outlook
    Lead Author: 
    Andy Simmonds
    Frequency: 
    Annual
    Last Update: 
    19 Dec 2014
    Published every two years, this unique report provides an in-depth examination of the global markets for high voltage, extra high voltage & submarine power cables. Includes individual sections and outlook for each of HV, EHV and submarine power cables. Readers get a printed report with statistical appendices and data online in Excel.
    Read an excerpt of the latest report here