SHANGHAI, Mar. 20 (SMM) - The average operating rate at Chinese copper tube/pipe producers is expected to jump to 84.68% in March, SMM foresees based on a survey.
The peak demand season for home appliance will continue in March, with sufficient orders at copper tube/pipe producers.
Production plan at major air conditioner manufacturers increased over 50% year-on-year in March. But increasing inventories at distributors may constrain consumption in the foreseeable future.
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