Copper prices rebounded last week, and more customers took a wait-and-see attitude. The order volume of enterprises varied due to different sizes of enterprises. Specifically, orders from large enterprises were relatively stable last week, while small and medium-sized enterprises said their orders decreased, mainly due to the increase in downstream customers that took a wait-and-see attitude amid fluctuations in copper prices.
According to SMM survey, enamelled flat wire companies maintain full production, and enamelled round wires companies greatly affected by copper prices. Orders for home appliances did not improved, and orders for new energy vehicles recovered.
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