Copper prices consolidate at highs with strong downstream wait-and-see sentiment, operating rate continues to edge down
[SMM Brass Rod Flash] This week (8.28-9.3), the operating rate of SMM brass rod sample enterprises was 48.49%, down 0.06 percentage points WoW. Copper prices continued to consolidate at highs, end-user wait-and-see sentiment remained strong, downstream orders lacked momentum, and the operating rate continued to edge down.