Main sea freight index at Baltic Exchange remains steady at 870 points

[SMM Brass Billet News Flash] Looking ahead to next week (5.8-5.14), as the impact of the holiday fades, SMM expects the industry operating rate to rebound 7.73 percentage points MoM to 52.4%. However, judging from enterprise order-taking feedback, the industry has gradually entered the traditional off-season, and operating levels will be difficult to restore to pre-holiday levels.

[Resumen SMM de palanquilla de latón] Esta semana (5.1-5.7), la tasa de operación de la industria de palanquilla de latón fue del 44,67%, una caída de 7,89 puntos porcentuales respecto a la semana anterior. Afectada por múltiples factores, como los recortes de producción de algunas empresas durante el feriado del Día del Trabajo (1-2 días libres), la debilidad de los nuevos pedidos y los precios persistentemente altos de las materias primas, la tasa de operación retrocedió notablemente esta semana.

【SMM Copper Cathode Rod News Flash】The operating rate of copper cathode rod producers fell 5.77 percentage points WoW to 60.58% this week. The extended Labour Day holiday and production cuts put pressure on operations. After the holiday, copper prices rose but downstream orders remained stable. Orders in the wire & cable and enamelled wire industries were steady after the holiday, with operating rates pulling back notably.