November 1 Shanghai copper spot market KuaiBao

Published: Nov 1, 2018 11:11

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Operating rates of copper plate/sheet and strip producers increased 1.8 percentage points MoM in January.
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Operating rates of copper plate/sheet and strip producers increased 1.8 percentage points MoM in January.
The operating rate for the copper plate/sheet and strip industry in January was 70.01%, up 1.8 percentage points MoM and up 11.67 percentage points YoY. Copper plate/sheet and strip demand improved MoM in January, driven by volatile copper prices influencing end-user procurement pace. In mid-month, copper prices pulled back and stabilized, prompting downstream "fear of rising prices" restocking, while previously suppressed rigid demand orders were released collectively, driving the operating rate higher.
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The comprehensive operating rate of the enamelled wire industry in January was 71.09%.
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The comprehensive operating rate of the enamelled wire industry in January was 71.09%.
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According to SMM, the comprehensive operating rate of the enamelled wire industry in January was 71.09%, up 4.81 percentage points MoM and 9.6 percentage points YoY. Among them, the operating rate of large enterprises was 75.66%, that of medium-sized enterprises was 58.64%, and that of small enterprises was 70.12%.
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November 1 Shanghai copper spot market KuaiBao - Shanghai Metals Market (SMM)