Copper Tube Outshines Other Copper Processing Sectors on Booming Air-Conditioner Market, SMM Reports

SHANGHAI, Aug. 30 (SMM) – Booming air-conditioner market has made copper tube/pipe a shining star in copper processing industry. 

China Air-Conditioner Industry Records Best Performance in Almost One Decade

SMM survey showed operating rate in China’s copper tube/pipe sector rose 10 percentage points year-on-year in 2017 “cold” year (August 2016-July 2017). 

LME Copper Stocks Record Biggest Fall in Over Decade

However, most large copper tube/pipe producers reported around 5% decline in orders in August from July’s.       

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