Cable Raw Materials (Copper) Weekly Report (11.7-11.11)

Domestically, from January to October, China's economic operation was generally stable, electricity consumption in the whole society increased, prices rose moderately, effective investment increased, and continued to play an active role
in making up for shortcomings.
In the first 10 months of this year, the country's electricity consumption increased by about 4.
8%
year-on-year.
Among them, electricity consumption in commercial, accommodation and catering industries increased by 9.
9% year-on-year, and electricity consumption in finance, real estate, business and residential services increased by 12.
6%
year-on-year.
Among industrial electricity consumption, mining industry electricity consumption decreased by 4.
8% year-on-year; Manufacturing electricity consumption increased by 1.
6%
year-on-year.

Abroad, after Trump upset his victory in the U.
S.
presidential election, he reiterated in a speech to supporters that he would start upgrading infrastructure
.
Trump has said he plans to repair roads, bridges and other infrastructure projects in the United States, and while his plans lack details, expectations of higher spending have given new impetus
to the metals market.
Trump has previously said he hopes to upgrade roads, airports and port facilities
through these projects.
After his remarks, copper prices rose on Wednesday to their highest level
since July 2015.