Enamelled Wire Industry Operating Rate Drops by 2.07 Percentage Points Amid High Copper Prices

Published: Jul 3, 2025 18:38

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SMM data shows that the weekly machine operating rate of the enamelled wire industry fell by 2.07 percentage points to 79.53% on a WoW basis from June 27 to July 3, with the decline exceeding expectations. Enterprises reported that high copper prices significantly suppressed downstream ordering willingness, and new orders pulled back WoW. Currently, the industry is in a traditional consumption off-season, and the rise in copper prices during the week further suppressed demand, resulting in a sluggish overall market performance. SMM predicts that the operating rate will continue to decline slightly next week.

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