Wire and Cable Factories Had Normal Production Schedules, Orders Were Stable

Last week, wire and cable factories had normal production schedules and orders were stable. From the research point of view, after copper prices fell recently, the willingness of downstream replenishment has increased. Large cable factories had sufficient orders in hand and production schedules were active.

After copper prices rose slightly at the end of the week, downstream orders slowed down. In terms of terminal industries, the release of orders for real estate and civil engineering was limited, and small cable companies were more cautious in replenishing stocks. New orders brought by wind power still maintained a good growth rate, and new orders for energy storage and automotive also warmed up.

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