Copper Enamelled Wire Industry Orders Continued Under Pressure

Published: May 8, 2026 09:55

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According to SMM, demand from end-use sectors such as new energy and power transformers currently remains robust; demand from traditional industries including industrial motors, home appliances, and two-wheelers showed mediocre performance, with the cooling industry experiencing a particularly notable pullback in demand, significantly dragging down the enamelled wire industry. Coupled with copper prices fluctuating at highs and the traditional off-season for the industry approaching, the operating rate of the enamelled wire industry is expected to continue its contracting trend going forward.

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