Copper Cathode Rod Producers to Boost Operating Rates by 27.11% Post-Holiday Amid Low Inventories

Published: Oct 10, 2026 18:59 (GMT+8)

Save

[SMM Copper Cathode Rod Flash] Operating rates of copper cathode rod producers are expected to increase by 27.11 percentage points WoW next week, with operating rates rising significantly. Before the National Day holiday, affected by high copper prices and elevated spot premiums, enterprises were unable to complete part of their planned pre-holiday production as scheduled. During the holiday, downstream buyers continued to pick up goods, leaving finished product inventories low after the holiday. To restock inventories as quickly as possible, enterprises are ramping up production, and with the holiday over and production returning to normal, operating rates are expected to rise notably next week.

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 for 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

43 mins ago

Xingye Silver&Tin Completes Tender Offer for 6.12% Stake in Weiling Shares, Has Not Yet Gained Control

43 mins ago

1 hour ago

SMM Expects Overall Copper Anode Operating Rate to Pull Back MoM in October

[SMM Copper Anode Flash] SMM expects the overall operating rate of copper anode enterprises in China to pull back 3.34 percentage points MoM to 43.80% in October 2026. Among them, the operating rate of ore-derived copper anode producers is expected to rise 2.82 percentage points MoM to 61.41%; affected by the National Day holiday, the operating rate of scrap-derived copper anode producers is expected to fall 5.85 percentage points MoM to 36.61%. (Only referring to the non-captive copper anode portion)

1 hour ago

SMM China Copper Anode Operating Rate Rebounds to 47.14% in September

[SMM Copper Anode Flash] In September 2026, the operating rate of copper anode enterprises in China tracked by SMM was 47.14%, up 4.33 percentage points MoM. By raw material, the operating rate of ore-derived copper anode producers fell 6.48 percentage points MoM to 58.59%; as the price difference between primary metal and scrap widened, the operating rate of scrap-derived copper anode producers rose 8.74 percentage points MoM to 42.46%. (Only referring to the non-captive copper anode portion)

1 hour ago