Domestic Wire and Cable Firms' Operating Rate Drops to 69.82% in July 2026 Amid High Copper Prices and Off-Season

Published: Jul 31, 2026 23:06

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According to the SMM survey, in July 2026, the operating rate of mainstream domestic wire and cable enterprises reached 69.82%, down 2.4 percentage points MoM and 2.79 percentage points YoY. Pressured by both copper prices consolidating at highs and the downstream entering the traditional consumption off-season, new orders weakened, leading to a pullback in production loads.

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