SMM Review Of Enamelled Wire Market

Last week, there was no significant change in the order volume of the enamelled wire industry, and the overall performance remained lukewarm. According to SMM, downstream demand has not seen an increase recently. As the current high-temperature weather is typically a low season for production, coupled with the persistent high copper prices, downstream customers have a relatively weak purchasing willingness.

Due to the weak downstream demand, the overall order volume of the enamelled wire industry is insufficient. It is heard that some manufacturers have continuously lowered their processing fees in order to secure market orders, with a noticeable downward trend in processing fees for high-temperature wire.

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