This week, the enamelled wire industry saw limited changes, continuing the off-season adjustment cycle [SMM Weekly Review of Enamelled Wire Market]

        On a WoW basis, the operating rate of enamelled wire industry machinery increased by 0.4 percentage points to 78.6%, but new orders fell by 0.38 percentage points. According to SMM, the overall changes in the enamelled wire industry were relatively small this week. As new orders increased at the end of last week, the operating rate rebounded synchronously this week. In terms of inventory, enamelled wire enterprises still faced certain sales pressure. Finished product inventories slightly decreased to 10.07 days this week, remaining at a relatively high level. Overall, the current enamelled wire industry is still in an off-season adjustment cycle, with downstream home appliance demand still struggling to improve. Enterprises lack confidence in orders for next week. SMM predicts that the operating rate of enamelled wire industry machinery will drop back slightly to 78.47% next week.