China's Wire and Cable Firms Slow Production, Reduce Inventories Amid Weak Off-Season Demand

Published: Jul 31, 2026 18:41
This week, regarding inventories at China's wire and cable enterprises, raw material purchases remained cautious, with restocking conducted only on slight price corrections for essential needs. Raw material inventories fell 0.47% WoW. Facing weak demand in the off-season, wire and cable enterprises slowed their production pace, prioritizing the digestion of existing finished product inventories. Finished product inventories decreased 1.48% WoW.

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This week, regarding inventories at China's wire and cable enterprises - Shanghai Metals Market (SMM)