Operating rate of Chinese copper foil enterprises is expected to decrease

Published: Feb 5, 2026 15:18
[SMM Copper Foil Market] Affected by the Chinese New Year period, the overall operating rate of Chinese copper foil enterprises is expected to be 85.03% in February 2026, down 3.53 percentage points MoM but up 17.38 percentage points YoY. The operating rate for lithium battery copper foil is projected at 87.99% in February, down 2.67 percentage points MoM but up 21.15 percentage points YoY. The operating rate for electronic circuit copper foil is forecasted at 79.42% in February, down 5.16 percentage points MoM but up 10.21 percentage points YoY.

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
Smelters completed stockpiling before the Chinese New Year, with copper anode inventory at high levels
10 mins ago
Smelters completed stockpiling before the Chinese New Year, with copper anode inventory at high levels
Read More
Smelters completed stockpiling before the Chinese New Year, with copper anode inventory at high levels
Smelters completed stockpiling before the Chinese New Year, with copper anode inventory at high levels
[SMM Copper Anode] As the Chinese New Year approaches, smelters have largely completed their raw material stocking for copper anode. SMM data showed that the days of inventories for copper anode at smelters reached 8.25 days in January 2026, up 1.45 days MoM, higher than the conventional inventory level.
10 mins ago
Data: SHFE, DCE market movement (Feb 05)
1 hour ago
Data: SHFE, DCE market movement (Feb 05)
Read More
Data: SHFE, DCE market movement (Feb 05)
Data: SHFE, DCE market movement (Feb 05)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 05 Feb , 2026
1 hour ago
The operating rate of scrap-derived copper anode in China is expected to decline significantly in February 2026
1 hour ago
The operating rate of scrap-derived copper anode in China is expected to decline significantly in February 2026
Read More
The operating rate of scrap-derived copper anode in China is expected to decline significantly in February 2026
The operating rate of scrap-derived copper anode in China is expected to decline significantly in February 2026
[SMM Copper Anode] SMM forecasts that the overall operating rate of Chinese copper anode enterprises in February 2026 will drop by 19.44 percentage points MoM to 40.15%. Among them, the operating rate of ore-derived copper anode producers is expected to decrease by 0.87 percentage points MoM to 72.37%; while scrap-derived copper anode producers, due to most taking about two weeks off, are projected to see their operating rate fall sharply by 28.1 percentage points MoM to 25.12%. (Refers only to the portion of copper anode not for self-use.)
1 hour ago