SHANGHAI, Jul. 3 (SMM) - The average operating rate at Chinese copper wire & cable producers is expected to fall 2.93 percentage points to 88.90% in July, SMM predicts based on a survey.
About 26% producers said consumption had weakened in late June. Demand is expected to have peaked in June for the high-demand season, and will soften in July.
About 70% producers see orders and production remain flat in July.
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