SHANGHAI, Jan. 9 (SMM) - The average operating rate Chinese copper wire rod producers is expected to fall to 62.47% in January 2017, SMM predicts based on the latest survey.
Orders will decrease across large, medium and small plants, dragging down their operating rate.
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![Price spread between futures contracts once exceeded 800 yuan; downstream purchases were quiet, and spot premiums fell sharply [SMM South China spot copper]](https://imgqn.smm.cn/usercenter/AbRbz20251217171711.jpg)
![Wider price spread between futures contracts drags down purchases; spot discounts in North China expand [SMM North China spot copper]](https://imgqn.smm.cn/usercenter/FERSF20251217171712.jpg)

