Some China Copper Rod Plants to See Orders Increase after Closure at One South China-based Plant, SMM Survey

Published: Aug 7, 2017 13:58

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The average operating rate at domestic copper rod producers will fall to 68.38% in August, SMM predicts based on the latest survey.

SHANGHAI, Aug. 7 (SMM) – The average operating rate at domestic copper rod producers will fall to 68.38% in August, SMM predicts based on the latest survey.

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About 68% of those surveyed expect orders to hold flat at July in August. Orders at large plants may stabilize, with output steady.

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Some 12% see orders improving in August after the closure at one south China-based copper rod producer.

About 20% expect orders to fall in August.

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Operating Rate copper rod producers orders

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.

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