Copper Tube Operation Rates Are “differentiated” With 77% Of Large Plants And 56% Of Small Plants, Who Is Against This Trend?
The copper tube calculation rate in January was 70.94%>
According to SMM data, copper pipe companies operated at 70.94% in January, down 12.00 percentage points and 0.55 percentage points per month. At the end of January, with the approaching Spring Festival holiday, the operating rates of large and small and medium-sized enterprises showed obvious differentiation.>
The operation rate of large copper pipe enterprises is 77.09%> , During the Spring Festival, there is basically no suspension of school work, and each base is flexibly allocated according to the order. Although some production lines have been reduced, overall orders have improved compared to last year due to sufficient orders for OEM air conditioners, which also support export orders.
Medium-sized copper pipe enterprises> The length of the holiday ranges from 0 to 6 days, resulting in uneven working rates; among them, businesses with export order support and large OEM orders have operating rates close to 70%, but weaker orders in the installation management market have weakened overall performance.
The operating rate of small copper pipe enterprises is only 56.39%> Among them, hardware and sanitary goods market orders were weak at the beginning of this year, and military orders remained stable. Although some brass pipes have export order support, the overall basis is small and their contribution to operating rates is limited.
In January, the copper pipe company's raw material inventory ratio was 5.00%>
In January, the raw material inventory ratio of copper pipe companies was 5.00%, an increase of 1.18 percentage points per month. The Spring Festival holiday will approach the end of January, and large enterprises still need to maintain production during the Spring Festival> , with a certain list of raw materials, as well as the monthly decline in copper pipe production in January, the total inventory ratio increased.
Estimated operating rate of copper pipe companies will be 69.82% in February 2025>
According to SMM data, the expected start-up rate of copper tubes in February 2025 was 69.82%, a monthly decrease of 1.12 percentage points, a year-on-year increase of 22.19 percentage points. The 2025 Spring Festival spans from the end of January to the beginning of February, and the recovery of large enterprises has promoted the overall startup rate.> By contrast, the Spring Festival holiday in 2024 accounts for almost half of February, so the time difference between holidays leads to a significant increase in copper pipe operation rate in February 2025 year-on-year. According to Industry Online data, the displacement output of outdoor air conditioners reached 15.93 million units in February, an increase of 35.6% compared with the same period last year, which correspondingly promoted the year-on-year increase in copper tube operation rate.
Source: SMM Copper Processing Exchange Platform, Author: Geng. 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 cnc factories, price information cnc center, market statistics, research information, etc.) Some content has been changed. If you have any questions, please consult and edit at the end of this article.
