Main sea freight index at Baltic Exchange remains steady at 870 points

[SMM Brass Billet News Flash] Looking ahead to next week (5.8-5.14), as the impact of the holiday fades, SMM expects the industry operating rate to rebound 7.73 percentage points MoM to 52.4%. However, judging from enterprise order-taking feedback, the industry has gradually entered the traditional off-season, and operating levels will be difficult to restore to pre-holiday levels.

[Краткий обзор SMM по латунным заготовкам] На этой неделе (1–7 мая) загрузка мощностей в отрасли латунных заготовок составила 44,67%, снизившись на 7,89 п.п. по сравнению с предыдущей неделей. Под влиянием ряда факторов, включая сокращение производства некоторыми предприятиями в период праздников Дня труда (1–2 дня выходных), слабый приток новых заказов и устойчиво высокие цены на сырьё, загрузка мощностей заметно снизилась на этой неделе.

【SMM Copper Cathode Rod News Flash】The operating rate of copper cathode rod producers fell 5.77 percentage points WoW to 60.58% this week. The extended Labour Day holiday and production cuts put pressure on operations. After the holiday, copper prices rose but downstream orders remained stable. Orders in the wire & cable and enamelled wire industries were steady after the holiday, with operating rates pulling back notably.