According to the CITIC Construction Investment Research Report, fiber prices in the Chinese market have continued to rise since the third quarter of this year, reflecting improved demand and tight overall supply. Strong overseas demand and strong export performance reflect strong demand in the global fiber optic cable market. The market is worried about the pattern. CITIC Construction Investment believes that after experiencing an imbalance between supply and demand in 2019 and prices plummeted, it would be relatively rational for manufacturers to expand production this time. Furthermore, the production expansion cycle for light bars and other links is long. This round of demand recovery is compounded by rising prices, and leading companies in the industry may increase both profits and valuations.

According to the CITIC Construction Investment Research Report, fiber prices in the Chinese market have continued to rise since the third quarter of this year, reflecting improved demand and tight overall supply. Strong overseas demand and strong export performance reflect strong demand in the global fiber optic cable market. The market is worried about the pattern. CITIC Construction Investment believes that after experiencing an imbalance between supply and demand in 2019 and prices plummeted, it would be relatively rational for manufacturers to expand production this time. Furthermore, the production expansion cycle for light bars and other links is long. This round of demand recovery is compounded by rising prices, and leading companies in the industry may increase both profits and valuations.