Copper Price Rise Dampens Wire and Cable Orders; Operating Rate to Fall 1.5% WoW

Published: Jul 31, 2026 18:38

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Looking ahead to next week's operating rate for wire and cable enterprises, the industry remains in the traditional consumption off-season, and the renewed rise in copper prices further dampened downstream order signing willingness. Enterprises will continue to lower production loads. SMM expects that next week (July 31–August 6), the copper wire and cable operating rate will decline 1.5 percentage points WoW to 64.44%, and drop 1.5 percentage points YoY.

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.

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