Copper Enamel Wire: Orders Are Optimistic, Construction Begins To Rebound!
This week, SMM targeted 15 domestic enamel wire companies with different sizes .> Get an understanding of production and new order status.
Overall, the industry's machine guidance rate is 83.7%, up 10.5% from last week.
According to SMM, most companies have basically returned to normal levels this week.> . Before the festival, only a few companies had enough finished products reserves, and the pace of production has not yet fully returned to normal. SMM expects the enamel wire industry to rebound slightly next week.>
Sequence> , this week New orders continue to rebound> 80% of companies said orders increased compared to last week, with order volumes of 15 companies per week increased by 9.61% compared to last week. After the Lantern Festival, downstream enterprises have completely begun to resume production in an orderly manner, and the production rhythm has gradually returned to normal. Compared with last week, market demand increased significantly.> . In addition, the focus of copper prices fell this week, downstream purchasing sentiment improved, with some companies receiving daily orders close to peak seasonal levels. However, some customers reported that order growth did not meet expectations, especially in the industrial sports sector where order growth was relatively weak.
Currently, orders for household appliances, power transformers and auto parts are still performing well, while demand for other ports is moderate. Affected by factors such as rising copper prices, the recovery trend of the enamel wire market shows some uncertainty.>
Source: SMM Copper Processing Exchange Platform, Author: Zhou Yan. No media or individual can disseminate, publish or copy the original information of Shanghai's non-produced network in any form without authorization. (including but not limited to market data, price information, market statistics information, research information, etc.) Some content has been changed. If you have any questions, please consult and edit at the end of this article.
