[SMM Analysis: Weekly Operating Rates of Copper Wire and Cable Enterprises Decline for Four Consecutive Weeks! Expected to Stabilize Next Week?]
This week, the operating rate of SMM copper wire and cable enterprises stood at 77.9%, down 4.42 percentage points WoW and 7.33 percentage points YoY. Compared to the expected operating rate, it was only 0.36 percentage points higher, generally aligning with the seasonal weakening trend. As the year-end approaches, market purchasing enthusiasm has diminished, and order volumes have significantly…
This week, the operating rate of SMM copper wire and cable enterprises stood at 77.9%, down 4.42 percentage points WoW and 7.33 percentage points YoY. Compared to the expected operating rate, it was only 0.36 percentage points higher, generally aligning with the seasonal weakening trend. As the year-end approaches, market purchasing enthusiasm has diminished, and order volumes have significantly…