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SMM January 17 News:
As the Chinese New Year approaches, various industries are gradually entering the holiday mode. To provide a clearer understanding of the actual situation, SMM conducted a detailed survey of over 100 downstream copper enterprises, and the results are summarized as follows:
From the chart above, we can see that in 2025, only the copper foil industry has a significantly shorter holiday duration compared to last year. The holiday durations for the copper pipe & tube and enamelled wire industries remain the same as last year, while other sectors generally have an increase of 1 to 2 days compared to last year. The secondary copper rod industry, affected by policy issues, has the longest holiday duration.
However, looking at the average operating rate from January to February 2025, it is expected that only the operating rate of the secondary copper rod industry will decline, while other industries will see varying degrees of increase. Notably, the operating rates of the copper pipe & tube, copper foil, and copper billet industries are expected to achieve double-digit growth. The specific conditions of each industry are detailed below:
2025 Copper Cathode Rod Enterprises' Chinese New Year Holiday Arrangements [SMM Analysis]
2025 Secondary Copper Rod Enterprises' Chinese New Year Holiday Arrangements [SMM Analysis]
2025 Copper Plate/Sheet and Strip Enterprises' Chinese New Year Holiday Situation [SMM Analysis]
2025 Copper Pipe & Tube Enterprises' Chinese New Year Holiday Arrangements [SMM Analysis]
Non-Stop During Chinese New Year: Copper Foil Enterprises' Operating Levels Expected to Significantly Exceed the Same Period in 2024 [SMM Analysis]
2025 Copper Billet Enterprises' Chinese New Year Holiday Arrangements and Post-Holiday Market Outlook [SMM Analysis]
2025 Electric Wire and Cable Enterprises' Chinese New Year Holiday Plans Summary [SMM Analysis]
2025 Enamelled Wire Enterprises' Chinese New Year Holiday Arrangements [SMM Analysis]
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