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Home / Metal News / Copper tube, pipe producers operate at high levels in peak season

Copper tube, pipe producers operate at high levels in peak season

Jul 13, 2018 12:18

Source:SMM

Operating rate across Chinese copper tube and pipe manufacturers continued to increase in June

SHANGHAI, Jul 13 (SMM) – Operating rates across Chinese copper tube and pipe manufacturers continued to increase in June and stood at high levels amid a peak season for air-conditioners, SMM research found.

In June, the rate came in at 95.6%, up 1.69 percentage points month on month and 5.78 percentage points year on year.

We expect the rate to nudge up further to 95.7% in July, 6.98 percentage points higher than the same period last year.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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