China Copper Foil Output to Decline in February amid Sluggish Market Performance

Published: Feb 16, 2023 14:08

Source: SMM

Save

SHANGHAI, Feb 16 (SMM) – SMM estimates that China’s copper foil output will stand at 65,400 mt in February, down 1.16% MoM and up 34.51% YoY.

SHANGHAI, Feb 16 (SMM) – SMM estimates that China’s copper foil output will stand at 65,400 mt in February, down 1.16% MoM and up 34.51% YoY. The year-on-year rise is mainly due to the rapid expansion of lithium battery copper foil production capacity. In terms of terminal consumption, Tesla’s price cuts may stimulate its sales to a certain extent, but domestic car companies will still be struggling now that the national subsidies for NEVs have been removed. Most lithium battery copper foil companies reported poor new orders in February amid sluggish NEV market, and some companies even expressed that they are considering switching to production of other products.

Market Market Output

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

32 mins ago

Data: SHFE, DCE market movement (Apr 03)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 03 Apr , 2026

32 mins ago

49 mins ago

Cautious Procurement and Slow Pickup Pace Lead to Stable Copper Cathode Rod Operating Rates

【SMM Copper Cathode Rod Flash Update】Inventory side, affected by higher copper prices, enterprises became more cautious in raw material procurement, and raw material inventory pulled back; downstream pick-up pace was relatively slow, with enterprises basically balancing production and sales, and finished product inventories edging down slightly. Next week, the operating rate of copper cathode rod enterprises is expected to be stable with a slight decline, and SMM expects the operating rate to pull back MoM to 82.58%.

49 mins ago

2 hours ago

Volatile Macro Conditions and Improving Fundamental Demand Supported Copper Prices [SMM Macro Weekly Review]

2 hours ago