2025 Chinese New Year Break Duration for Copper Downstream Industries Revealed [SMM Analysis]

Published: Jan 17, 2025 18:25

》Check SMM Copper Quotes, Data, and Market Analysis

》Click to View Historical Price Trends of SMM Spot Copper

SMM January 17 News:
      As the Chinese New Year approaches, various industries are gradually entering the holiday mode. To provide a clearer understanding of the actual situation, SMM conducted a detailed survey of over 100 downstream copper enterprises, and the results are summarized as follows:

From the chart above, we can see that in 2025, only the copper foil industry has a significantly shorter holiday duration compared to last year. The holiday durations for the copper pipe & tube and enamelled wire industries remain the same as last year, while other sectors generally have an increase of 1 to 2 days compared to last year. The secondary copper rod industry, affected by policy issues, has the longest holiday duration.

However, looking at the average operating rate from January to February 2025, it is expected that only the operating rate of the secondary copper rod industry will decline, while other industries will see varying degrees of increase. Notably, the operating rates of the copper pipe & tube, copper foil, and copper billet industries are expected to achieve double-digit growth. The specific conditions of each industry are detailed below:

2025 Copper Cathode Rod Enterprises' Chinese New Year Holiday Arrangements [SMM Analysis]

2025 Secondary Copper Rod Enterprises' Chinese New Year Holiday Arrangements [SMM Analysis]

2025 Copper Plate/Sheet and Strip Enterprises' Chinese New Year Holiday Situation [SMM Analysis]

2025 Copper Pipe & Tube Enterprises' Chinese New Year Holiday Arrangements [SMM Analysis]

Non-Stop During Chinese New Year: Copper Foil Enterprises' Operating Levels Expected to Significantly Exceed the Same Period in 2024 [SMM Analysis]

2025 Copper Billet Enterprises' Chinese New Year Holiday Arrangements and Post-Holiday Market Outlook [SMM Analysis]

2025 Electric Wire and Cable Enterprises' Chinese New Year Holiday Plans Summary [SMM Analysis]

2025 Enamelled Wire Enterprises' Chinese New Year Holiday Arrangements [SMM Analysis]

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
10 hours ago
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Read More
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"
Premier Li Qiang presided over an executive meeting of the State Council to study policy measures for promoting effective investment. The meeting noted that promoting effective investment plays an important role in stabilizing economic growth and strengthening momentum for development. It is necessary to innovate and improve policy measures, and intensify efforts to enhance the efficiency of utilizing funds such as central budget investments, ultra-long-term special treasury bonds, local government special bonds, and new-type policy-based financial instruments. In conjunction with formulating and implementing the 15th Five-Year Plan
10 hours ago
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
10 hours ago
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Read More
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and the plenary sessions of the Party’s 20th Central Committee, fully and faithfully apply the new development philosophy, strengthen top-level design, build computing power interconnection nodes oriented toward national hub periods, major strategic regions, and key industries, establish a system of computing power interconnection nodes, improve the efficiency and service level of public computing power resources, and promote high-quality development of computing power.
10 hours ago
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
10 hours ago
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Read More
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions
After intensive indirect consultations, the new round of nuclear talks between Iran and the US in Muscat, the capital of Oman, has achieved phased progress. It is reported that during this round of talks, the Iranian and US delegations did not meet directly. Instead, Omani Foreign Minister Badr acted as an intermediary, conveying a series of core proposals, strategic concerns, and policy positions to the other side. The atmosphere at the talks was tense yet efficient. According to preliminary on-site assessments, although both sides continue to negotiate over specific terms, they have reached a consensus on the key objective of "continuing dialogue."
10 hours ago
2025 Chinese New Year Break Duration for Copper Downstream Industries Revealed [SMM Analysis] - Shanghai Metals Market (SMM)