Copper price fluctuations constrain order releases.

Published: Jun 18, 2026 10:06
During the week of Jun 12–18, the machine operating rate in the enamelled wire industry pulled back 1.2 percentage points WoW, and weekly order intake fell 1.25% WoW. Orders showed a divergent trend during the week. Early in the week, copper prices were low, downstream replenishment willingness was strong, and order-taking performed well. As the copper price center rose during the week, wait-and-see sentiment intensified, and orders declined noticeably at the weekend. Industry demand was notably constrained by copper price fluctuations.

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During the week of Jun 12–18, the machine operating rate in the enamel - Shanghai Metals Market (SMM)