Operating Rate at Chinese Electric Wire & Cable Manufacturers to Rise Further in May, SMM Survey

Published: May 2, 2017 10:48
The average operating rate at domestic electric wire and cable producers is expected to rise to 89.06% in May, SMM predicts based on a survey.

SHANGHAI, May. 2 (SMM) – The average operating rate at domestic electric wire and cable producers is expected to rise to 89.06% in May, SMM predicts based on a survey.

The result of companies that won bid from China Southern Power Grid was partially released in April. The companies that won bid from the State Grid will also be announced in May. Orders at wire & cable producers will be incentivized to some extent.

The rate at large wire & cable producers is expected to exceed 90%.

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
Gulf disruption squeezes Indonesia nickel makers' sulphur supply
Mar 6, 2026 23:12
Gulf disruption squeezes Indonesia nickel makers' sulphur supply
Read More
Gulf disruption squeezes Indonesia nickel makers' sulphur supply
Gulf disruption squeezes Indonesia nickel makers' sulphur supply
Due to the conflict in the Middle East, shipping through the Strait of Hormuz has been disrupted, raising the risk of tighter global sulphur supplies. Indonesia relies on the Middle East for around 75% of its sulphur imports, and sulphur is a key raw material for producing sulphuric acid, which is essential for leaching metals in nickel and copper processing. Analysts note that sulphur inventories at Indonesia’s HPAL nickel plants typically cover only one to two months of consumption. If transport disruptions persist, some plants may be forced to cut production as early as next month. Overall, if shipping disruptions in the Middle East continue for more than a few weeks, production and demand for related metals may need to slow.
Mar 6, 2026 23:12
SHFE Copper Warrants Up by 11,856 MT, Total Reaches 315,488 MT
Mar 6, 2026 18:11
SHFE Copper Warrants Up by 11,856 MT, Total Reaches 315,488 MT
Read More
SHFE Copper Warrants Up by 11,856 MT, Total Reaches 315,488 MT
SHFE Copper Warrants Up by 11,856 MT, Total Reaches 315,488 MT
[SMM Shanghai Spot Copper] Intraday SHFE copper futures warrants increased by 11,856 mt, bringing the total to 315,488 mt. Of this, the Shanghai area increased by 8,871 mt, Guangdong decreased by 125 mt, and Jiangsu decreased by 3,110 mt.
Mar 6, 2026 18:11
Geopolitical Risks Intensified; the Most-Traded BC Copper Contract Closed Down 0.41% [SMM BC Copper Commentary]
Mar 6, 2026 17:07
Geopolitical Risks Intensified; the Most-Traded BC Copper Contract Closed Down 0.41% [SMM BC Copper Commentary]
Read More
Geopolitical Risks Intensified; the Most-Traded BC Copper Contract Closed Down 0.41% [SMM BC Copper Commentary]
Geopolitical Risks Intensified; the Most-Traded BC Copper Contract Closed Down 0.41% [SMM BC Copper Commentary]
Mar 6, 2026 17:07
Operating Rate at Chinese Electric Wire & Cable Manufacturers to Rise Further in May, SMM Survey - Shanghai Metals Market (SMM)