The operating rates of lithium battery copper foil and electronic circuit copper foil producers are expected to rise in August. The average operating rate of lithium battery copper foil producers is estimated at 89.88% in August, up 3.96 percentage points month on month.
In August, new orders of energy storage and power batteries at leading battery factories grew significantly, growing production schedules at most large and medium-sized copper foil companies noticeably. The average operating rate of electronic circuit copper foil producers is estimated at 79.35% in August, up 3.02 percentage points month on month. In addition to the seasonal stockpiling, most copper-clad laminate companies said that automotive PCB electronic orders rebounded slightly.
The sales of automobiles in the first half of the year achieved positive growth under the support of promotional policies and events, lowering the inventory of the industrial chain.
