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A large-scale wire and cable enterprise group integrating manufacturing, sales, design and research and development.
INQUIRY NOWA large cale wire and cable enterprise group integrating manufacturing,sales, design and research and development.
INQUIRY NOWApril 09, 2025
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Rising trade barriers and currency fluctuations push up raw material prices - place your order now to lock in competitive prices
US President Donald Trump has raised tariffs on countries around the world. The escalating global tariff war is reshaping international trade, causing chain reactions in various industries, especially in the cable and wire industry. With major economies imposing retaliatory tariffs, global trade costs will continue to rise, raw material costs will skyrocket, and currency fluctuations will further increase the pressure on procurement budgets.
1. Tariff Wars Increase Raw Material Costs
Recent trade restrictions, particularly between the U.S., China, and the EU, have led to higher import duties on key cable manufacturing materials, including copper, aluminum, and steel. These tariffs directly inflate production costs, forcing suppliers to adjust pricing. With no immediate resolution in sight, experts predict continued upward pressure on material expenses.
2. Currency Depreciation Raises Procurement Costs
Trade tensions have also triggered currency volatility, with many emerging-market currencies weakening against the U.S. dollar. Since most raw materials are traded in dollars, buyers using weaker local currencies face higher effective costs. For businesses relying on imported materials, this means shrinking profit margins unless orders are secured at current rates.
3.Why customers should place orders now
Despite high uncertainty, the current market price is still within a controllable range compared to the expected increase. Shenxing Cable Group recommends that corporate customers take immediate action for the following reasons:
✔ Lock in preferential prices: avoid passive price increases caused by future tariffs and exchange rate fluctuations;
✔ Avoid supply shortages: prepare in advance to avoid the risk of supply interruption caused by changes in trade policies;
✔ Ensure production continuity: ensure stable production plans to avoid project delays and cost overruns.
Extending to the cable industry: How price pressure is transmitted to end customers
As a leading domestic cable and wire manufacturer, Shenxing Cable Group is well aware of the impact of raw material fluctuations on cable product prices. Conductor materials such as copper and aluminum account for a large proportion of the total cost of products, and any price fluctuations will be directly transmitted to end products. The new round of tariffs and exchange rate changes have undoubtedly exacerbated this impact.
Shenxing Cable Group has launched an emergency strategic procurement mechanism to ensure that customers are provided with stable-priced and high-quality cable products by locking in key material costs in advance, optimizing inventory management, and strengthening technology research and development. In the current turbulent market, our goal is not only to deliver a cable, but also to deliver stability and confidence.
Seize the window period and lock in supply and price advantages
At this critical moment, Shenxing Cable Group is committed to fully assisting customers in coping with complex international market challenges. We are now offering a very competitive price policy for bulk cable orders to help you complete resource layout before costs rise.
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