Copper Price Volatility Leads to Cautious Restocking, Inventory Shifts in Wire and Cable Sector

Published: Feb 6, 2026 15:03

Save

[SMM Copper Express] Wire and cable enterprises mostly completed concentrated restocking during the copper price pullback this week. However, affected by wild swings in copper prices, enterprises maintained a cautious procurement strategy, generally adopting just-in-time procurement in batches. As a result, raw material inventory increased by 1.83% MoM. Finished product inventories decreased due to destocking as orders rose, down 2.05% MoM.

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

38 mins ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

38 mins ago

1 hour ago

Industry Sentiment Remains Strong, Copper Foil Operating Rates Kick Off with a Good Start in January [SMM Analysis]

SMM Analysis: According to SMM, the operating rate of Chinese copper foil enterprises reached 88.56% in January 2026, up 0.36 percentage points MoM and up 21.44 percentage points YoY...

1 hour ago

This week's operating rate of copper wire and cable producers held steady, with copper price corrections bringing incremental orders [SMM Wire and Cable Market Weekly Review]

1 hour ago