中信建投：需求回暖叠加价格上涨 光纤光缆龙头公司盈利估值或双升

Core Viewpoint - The report from CITIC Securities indicates that fiber optic prices in the Chinese market have been rising since the third quarter of this year, reflecting strong demand and tight overall supply [1] Group 1: Market Demand and Supply - There is robust overseas demand, with strong export performance indicating a thriving global fiber optic cable market [1] - The current demand recovery, combined with rising prices, suggests that leading companies in the industry may experience both profit and valuation increases [1] Group 2: Industry Dynamics - Following the supply-demand imbalance and price drop in 2019, manufacturers are expected to expand production more rationally this time [1] - The expansion cycle for components like optical preforms is relatively long, which may impact the speed of supply adjustments [1]