60% of Chinese Copper Tube/Pipe Makers Expect January’s Holiday to Little Affect Orders-Shanghai Metals Market

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60% of Chinese Copper Tube/Pipe Makers Expect January’s Holiday to Little Affect Orders

Industry News 08:51:54PM Jan 15, 2014 Source:SMM

SHANGHAI, Jan. 15 (SMM) – 60% of Chinese copper tube/pipe producers surveyed by SMM believed their orders in January might not be greatly affected by the Chinese New Year holiday.

Air conditioner manufacturers stared producing for this year’s order after their enhanced effort in developing markets overseas and in China’s less-developed cities, buoying sales of copper tube/pipe. Some copper tube/pipe producers said they need to maintain normal production till March to fulfill these orders. Demand for refrigeration pipes might remain robust should export orders improve as expected in March. Otherwise, producers would start another round of destocking. 

40% of producers expected orders to fall due to the Chinese New Year holiday which would leave fewer workers on duty and slow freight transport. Many enterprises might stop delivering goods and halt production since January 25. 
 

60% of Chinese Copper Tube/Pipe Makers Expect January’s Holiday to Little Affect Orders

Industry News 08:51:54PM Jan 15, 2014 Source:SMM

SHANGHAI, Jan. 15 (SMM) – 60% of Chinese copper tube/pipe producers surveyed by SMM believed their orders in January might not be greatly affected by the Chinese New Year holiday.

Air conditioner manufacturers stared producing for this year’s order after their enhanced effort in developing markets overseas and in China’s less-developed cities, buoying sales of copper tube/pipe. Some copper tube/pipe producers said they need to maintain normal production till March to fulfill these orders. Demand for refrigeration pipes might remain robust should export orders improve as expected in March. Otherwise, producers would start another round of destocking. 

40% of producers expected orders to fall due to the Chinese New Year holiday which would leave fewer workers on duty and slow freight transport. Many enterprises might stop delivering goods and halt production since January 25.