Orders of enamelled wire did not change much last week. With weak downstream demand, copper prices were still the main factor affecting orders last week.
According to SMM survey, the orders of large enterprises are relatively stable at present, but many small and medium-sized enamelled wire enterprises said that their orders decreased last week due to the impact from demand and low copper prices which led to wait and see attitude of customers.
In terms of industries, the orders from home appliances, industrial and motors were relatively stable among large enterprises, but the orders of small and medium-sized enterprises fell significantly.
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