January 17, 2025—
According to SMM, aluminum wire and cable enterprises are expected to transition into the holiday phase next week. Some top-tier enterprises indicated that their production schedules are expected to remain favorable, with production departments maintaining operations even during the Chinese New Year. However, more enterprises, considering labor costs, plan holiday arrangements around the national holidays, with most resuming work between the eighth and tenth day of the lunar calendar, and have largely completed raw material stockpiling. Regarding post-holiday production plans, enterprises provided varying feedback. Based on statistical data, the State Grid’s delivery volume in Q1 next year is still expected to decline. SMM believes that the status of orders on hand varies among enterprises, with staggered delivery periods likely. Additionally, due to temperature differences between the north and south, end-user enthusiasm for cargo pick-up varies across regions…
According to SMM, aluminum wire and cable enterprises are expected to transition into the holiday phase next week. Some top-tier enterprises indicated that their production schedules are expected to remain favorable, with production departments maintaining operations even during the Chinese New Year. However, more enterprises, considering labor costs, plan holiday arrangements around the national holidays, with most resuming work between the eighth and tenth day of the lunar calendar, and have largely completed raw material stockpiling. Regarding post-holiday production plans, enterprises provided varying feedback. Based on statistical data, the State Grid’s delivery volume in Q1 next year is still expected to decline. SMM believes that the status of orders on hand varies among enterprises, with staggered delivery periods likely. Additionally, due to temperature differences between the north and south, end-user enthusiasm for cargo pick-up varies across regions…
