Enamelled Wire Industry Orders Continued to Decline; Operating Rate Will Continue to Pull Back Next Week

Published: Apr 30, 2026 09:35

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According to SMM, end-user air conditioning industry demand entered the off-season earlier than usual, significantly dragging down the enamelled wire industry. Persistently high copper prices also suppressed the release of orders. Combined with the concentrated front-loading of subsequent order demand in March, the enamelled wire industry's operating rate continued to pull back under the resonance of multiple factors, declining 1.07 percentage points this week. Next week is the Labour Day holiday, and most enterprises will follow their usual practice of not halting production but will conduct equipment maintenance based on their own order conditions, reducing overall operating loads. The operating rate is expected to decline further.

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