【SMM Analysis: The operating rate of cable enterprises continued to decrease this week, and it is expected to remain difficult to see significant improvement next week】This week (3.15-3.21), SMM conducted research on the production and new order situation of some domestic wire and cable enterprises. Overall, the comprehensive operating rate of cable enterprises this week was 70.56%, a decrease of 3 percentage points compared to the previous week, and 3.04 percentage points lower than the expected operating rate.
According to the research, the downstream demand this week is still insufficient, coupled with the high and stable copper prices, which have inhibited the production and new order growth of cable enterprises. In terms of different industries, demand from civil real estate continues to drag down order growth; some enterprises indicated that...

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