Multiple special plans for the 15th Five Year Plan have been implemented, and the wire and cable industry is facing structural adjustments

On August 22, 2026, according to the latest industry research data, due to the continuous upward trend of upstream copper prices, the prices of mainstream cable products in China generally rose by 2.7% -3.0% in the first half of August. The Shenzhen market, located in the core area of the Pearl River Delta, also experienced market fluctuations. Coupled with the launch of multiple local infrastructure and new energy projects, the recent activity of cable procurement has significantly increased.

From the research sample, the average price of WDZ-YJY low-voltage halogen-free low smoke flame-retardant cable reached 220.2 yuan/meter, ZR-YJV low-voltage flame-retardant cable exceeded 1088.4 yuan/meter, and ZC-YJV22 medium voltage armored cable increased to 805.8 yuan/meter. The month on month growth rate of the three core products was close to 3%. Local engineering purchasers in Shenzhen have reported that the delivery cycle for recent orders has been extended by 3-5 days compared to last month, and inventory of some special fire-resistant and flame-retardant models is tight.

Industry insiders have analyzed that with the official launch of the 10.3GW offshore wind power distribution project in Guangdong and the gradual implementation of the "15th Five Year Plan" for offshore wind power, the regional demand for submarine cables and high-voltage special cables will continue to be released. As a core city for engineering construction in South China, Shenzhen is expected to see further growth in the procurement demand for related supporting cables in the fourth quarter.