Enameled Wire Firms Worry Over High Copper Prices and Holiday Impact on September Market Recovery
According to SMM, enameled wire enterprises currently still harbor multiple concerns regarding the September market: on one hand, copper prices remain elevated, and coupled with the home appliance industry—as an important end-user sector for enameled wire—having yet to show clear signs of seasonal recovery, demand-side uncertainties are raising concerns about the overall strength of September's market recovery; on the other hand, September sees the Mid-Autumn Festival holiday eating into production hours, while the National Day holiday falls at the end of the month, and copper price trends will directly affect downstream pre-holiday restocking sentiment.