SMM 구리 속보: 2025년 11월 중국 구리 전선·케이블 수출, 성별 집중도 상승, 쓰촨성 5위권

[SMM Brass Billet Flash] Looking ahead to next week (9.4-9.10), copper prices are likely to consolidate at highs in the short term, but downstream rigid demand orders are expected to see a slight release after low-priced cargoes are gradually digested. SMM expects the operating rate to rebound slightly to 49.06%, up 0.57 percentage points MoM.

[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.