SMM: Copper Wire & Cable Operating Rate Rises, Outlook Improves

Published: Oct 17, 2025 16:52

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【SMM Copper Wire and Cable Update】 The operating rate of copper wire and cable enterprises this week was 61.91%, up 3.38 percentage points MoM but not yet returning to pre-holiday levels. This was mainly due to post-holiday production recovery, while high copper prices suppressed demand, leading enterprises to maintain just-in-time procurement, with some orders postponed due to price inversion between contract and spot prices. Looking ahead to next week, downstream acceptance of high copper prices is gradually improving, and some just-in-time orders are expected to be released, supporting the operating rate. SMM expects the operating rate to increase slightly.

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