SMM copper wire and cable enterprises' operating rate rose to 65.8%, up 3.55% MoM

Published: Aug 21, 2026 18:59

Save

This week (August 14-August 20), the operating rate of SMM copper wire and cable enterprises came in at 65.8%, up 3.55 percentage points WoW and down 3.08 percentage points YoY. Copper prices retreated from highs during the week, which briefly boosted downstream cargo pick-up willingness. However, bearish sentiment re-emerged in the later period, keeping downstream players on the sidelines. Overall orders only showed marginal recovery. The sharp rebound in the operating rate this week was also affected by the low base in the prior week.

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

43 mins ago

July Cable Export Demand Generally Declined, Australia Still Ranked First

According to the latest data from the General Administration of Customs, demand in various countries for wire and cable exports to markets outside China generally declined in July 2026. Australia remained firmly in first place in exports, with exports up 20.94% MoM; the Philippines and Vietnam followed, down 28.92% MoM and 26.46% MoM respectively, ranking second and third among export destinations. The combined exports of these three countries accounted for 19.53% of total copper wire and cable exports.

43 mins ago

44 mins ago

China's Wire and Cable Exports in July 2026: Down MoM but Up YoY

[Latest Data from the General Administration of Customs] In July 2026, China's exports of wire and cable were 277,500 mt, down 7.43% MoM and up 6.62% YoY. The cumulative exports from January to July 2026 were 1.8464 million mt, up 9.26% YoY. Among them, exports of copper wire and cable were 133,100 mt, down 10.67% MoM and up 8.51% YoY; the cumulative exports from January to July 2026 were 915,800 mt, up 15.44% YoY.

44 mins ago

45 mins ago

In July 2026, China's imports and exports of copper clad laminate (CCL) both increased YoY.

According to data from the General Administration of Customs, in July 2026, China's copper clad laminate (CCL) (HS code: 74102110) imports were 4,091.67 mt, up 26.55% YoY and up 26.03% MoM. From January to July 2026, China's cumulative CCL imports were 24,607.69 mt, up 6.89% YoY. In July 2026, China's CCL exports were 8,905.19 mt, up 23.17% YoY and down 4.47% MoM. From January to July 2026, China's cumulative CCL exports were 57,990.65 mt, up 12.58% YoY.

45 mins ago