Vichnet wire mesh cable tray and fiber cable tray will recover from China’s power crunch policy from 8th,Nov.
Two month ago, China was in the grip of a power crunch as a shortage of coal supplies, toughening emissions standards and strong demand from manufacturers and industry have pushed coal prices to record highs and triggered widespread curbs on usage. And, Ningbo enterprises started to executive this policy from October.
The impact on industries is broad and includes power-intensive sectors like aluminium smelting, steel-making, cement manufacturing and fertiliser production.
At least 15 listed Chinese firms that produce a range of materials and goods - from aluminium and chemicals to dyes and furniture - have reported that their production has been disrupted by power curbs.
Under the good leadership of Zhejiang Province government, we strictly implement the assigned decompression load indicators, and effectively ensure the normal and stable electricity consumption of the people's livelihood and important loads in the whole province. After research, it was decided to tentatively decide on an orderly electricity use plan for the province from 8th,Nov..
This is really a good news for Vichnet, that means we can produce wire mesh cable tray and fiver cable tray as normal as usual like before.