SMM Analysis: Strong Off-Season Atmosphere, Decreasing Work Rate for Cable Companies
SMM conducted research this week on the production and new order situation of some domestic wire and cable companies. Specifically, the comprehensive work rate of cable companies this week was 71.98%, a decrease of 6.42 percentage points compared to the previous period, and 4.01 percentage points lower than expected. From SMM's research, the off-season atmosphere in the cable market this week is gradually becoming stronger, with a gradual decrease in market orders. Companies of all sizes are affected, and some have indicated that the delivery speed of downstream customers has also slowed down, indicating a spreading off-season atmosphere. In terms of different industries...

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