How Does the Copper Foil Market Stand amid Drastically Falling Copper Prices?

[SMM Brass Billet Flash] Looking ahead to June, the industry's off-season effect continues to intensify, with little momentum for a market recovery. SMM expects the operating rate of the copper billet industry in June to fall 3.88 percentage points MoM to 45.39%, and 1.72 percentage points YoY, with the overall weak momentum in the industry persisting.

[SMM Brass Billet Flash] In May, the overall operating rate of copper billet enterprises stood at 49.27%, down 2.91 percentage points MoM and 0.65 percentage points YoY. By enterprise size, large enterprises, leveraging advantages in raw material channels and capital, maintained relatively stable production, with an operating rate of 56.01%; medium-sized enterprises were under notable pressure, with the rate dropping to 42.02%; small enterprises were hit by triple shocks—raw material shortages, losses, and insufficient orders—with the operating rate at only 24.96%. The operating rate gap among large, medium, and small enterprises continued to widen, and polarization in the industry intensified.

[SMM Brass Billet Express] Permintaan pengguna akhir terus melemah, dan efek substitusi pasar semakin nyata. Di pasar pengguna akhir saat ini, permintaan billet tembaga tradisional terus menyusut. Untuk mengendalikan biaya dan menyesuaikan dengan kebutuhan pasar, semakin banyak klien hilir beralih ke material substitusi seperti baja tahan karat dan plastik untuk produk tembaga, secara langsung mengalihkan volume besar pesanan billet tembaga.