Affected by the epidemicJiangsu and ZhejiangAnhuiRegional cable companies see a decrease in new orders

Peru's two major copper mines suspend productionBoosting copper prices

Recently, with one of the largest copper mines in PeruLas BambasConfirmed that production will no longer be possible, as well as the country'sCuajoneCopper mine from2moon28The shutdown that started today is still ongoing. The news that these two copper mines, which account for about one-fifth of Peru's copper exports, have suspended production has causedLMECopper prices surged to the second highest point in history during trading.

Affected by the epidemicCable companies in Jiangsu and Zhejiang regions see a decrease in new orders

Last week, due to the impact of the epidemic, cable companies in the Jiangsu and Zhejiang regions continued to see a decrease in new orders, and terminal bidding projects gradually became quiet. As a result, orders for new energy photovoltaics and wind power were also suppressed. From market feedback,4Monthly orders are far behind3In the past month, the performance of cable orders for real estate and other engineering projects has been sluggish, and the impact of the epidemic coupled with high copper prices has led to a continuous decline in recent orders.

Industry Observation

1-3The national power grid project completed investment in the month621Billion yuan year-on-year growth15.1%

According to data released by the National Energy Administration, as of3At the end of the month, the installed capacity of power generation in China is about24.0Billion kilowatts, year-on-year growth7.8%.1-3In the month, major power generation companies in China completed investment in their power engineering projects814Billion yuan, year-on-year growth2.5%Among them, solar power generation188Billion yuan, year-on-year growth181%Complete investment in power grid engineering621Billion yuan, year-on-year growth15.1%.

South African National Electricity Company upgrades power rationing level to4Level: Average daily power outage6hour

local time4moon19On the same day, South African national power company Scon announced that in order to prevent a complete collapse of the power system, it is necessary to cut about4000Megawatt of electricity is expected to remain under power restrictions for most of this week. South Africa has experienced power outages and restrictions due to tight electricity supply and demand for ten consecutive years. South Africa2The level of power restriction is for every4Power outage6Every time, every time2Hour, i.e. average daily power outage3Hour, and4Power restrictions are2Twice the power limit, which means an average daily power outage6hour