SMM Analysis: Aluminum rod demand gradually weakening, January aluminum wire start-up may weaken. This week, the start-up rate of leading aluminum wire and cable companies was 64.4%, unchanged from the previous week. Entering January, the overall situation of the aluminum wire and cable industry has shifted from strong to weak. The leading companies have sufficient orders on hand, but due to weather conditions and gradually saturated demand for terminal delivery in the previous period, market demand has cooled down. Many small and medium-sized enterprises have weakened their start-up, and by the middle and late January, small and medium-sized cable factories have gradually entered a holiday state. It is expected that the overall start-up rate of aluminum wire and cable in January will fall.
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