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

Published: Aug 30, 2017 18:09

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Booming air-conditioner market has made copper tube/pipe a shining star in copper processing industry.

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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Copper Tube/Pipe operating rate SMM survey

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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