95% Chinese Copper Tube/Pipe Producers See Orders Remain Stable in November: SMM Survey

Published: Nov 23, 2015 14:07
About 95% Chinese copper tube/pipe producers expect orders to remain stable in November, SMM finds in its latest survey.

SHANGHAI, Nov. 23 (SMM) - About 95% Chinese copper tube/pipe producers expect orders to remain stable in November, SMM finds in its latest survey of 20 domestic copper tube/pipe producers.

Some 5% are pessimistic toward orders in November, and no copper tube/pipe plant sees growth in orders due to the lack of growth point. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Elevated Production Costs, Weak Demand Pressure Nickel Prices Amid Falling Stainless Steel Prices
6 mins ago
Elevated Production Costs, Weak Demand Pressure Nickel Prices Amid Falling Stainless Steel Prices
Read More
Elevated Production Costs, Weak Demand Pressure Nickel Prices Amid Falling Stainless Steel Prices
Elevated Production Costs, Weak Demand Pressure Nickel Prices Amid Falling Stainless Steel Prices
[SMM Nickel Flash] March 18 News, Supply side, although production costs remained elevated, some upstream traders' offers loosened under pressure from weak end-user demand. Demand side, stainless steel finished product prices generally fell, and amid losses faced by steel mills, bid prices for high-grade NPI procurement declined again, capping upside room for high-grade NPI prices. Overall, high-grade NPI prices still found support at the bottom, but market offers loosened under pressure from the end-user market.
6 mins ago
SMM Nickel Flash: High-Grade NPI Sentiment Factors Decline in March
7 mins ago
SMM Nickel Flash: High-Grade NPI Sentiment Factors Decline in March
Read More
SMM Nickel Flash: High-Grade NPI Sentiment Factors Decline in March
SMM Nickel Flash: High-Grade NPI Sentiment Factors Decline in March
[SMM Nickel Flash] March 18 News: The SMM high-grade NPI market sentiment factor was 2.19, down 0.04 MoM; the upstream high-grade NPI sentiment factor was 2.81, down 0.04 MoM; and the downstream high-grade NPI sentiment factor was 1.57, down 0.03 MoM.
7 mins ago
[NPI Daily Review] Cost Support Remained, While Stronger End-User Pressure Weighed on the Market and Weakened Quoted Prices
57 mins ago
[NPI Daily Review] Cost Support Remained, While Stronger End-User Pressure Weighed on the Market and Weakened Quoted Prices
Read More
[NPI Daily Review] Cost Support Remained, While Stronger End-User Pressure Weighed on the Market and Weakened Quoted Prices
[NPI Daily Review] Cost Support Remained, While Stronger End-User Pressure Weighed on the Market and Weakened Quoted Prices
[SMM Daily Review: Cost Support Remained, While Stronger End-User Suppression Led to Loosening Market Quotes] March 18 News: SMM's upstream sentiment factor for high-grade NPI was 2.81, down 0.04 MoM, while the downstream sentiment factor for high-grade NPI was 1.57, down 0.03 MoM.
57 mins ago
95% Chinese Copper Tube/Pipe Producers See Orders Remain Stable in November: SMM Survey - Shanghai Metals Market (SMM)