Copper Wire and Cable Operating Rate Falls 1.24% WoW Amid High Prices and Cautious Buying

Published: Jul 31, 2026 15:01
During the week (July 25–July 30), the operating rate of SMM copper wire and cable enterprises came in at 65.94%, down 1.24 percentage points WoW and 1.4 percentage points YoY. During the week, although copper prices staged a pullback, they remained in a high range. Downstream enterprises adopted a cautious purchasing stance, with market transactions largely supported by rigid demand, leading to limited new order growth.

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During the week (July 25–July 30), the operating rate of SMM copper wi - Shanghai Metals Market (SMM)