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This week's copper cable operating rate decreased by 2.43%, and overall orders have weakened.
This week, the operating rate of SMM copper cable companies is 67%, down 2.43 percentage points from the previous week. Copper prices have been fluctuating at high levels this week, suppressing downstream purchasing enthusiasm, and overall new orders for cable companies have weakened. The overall order volume from the power grid side is relatively low, with weak demand release; orders in the telecommunications sector are relatively stable, providing some demand support. (Shanghai Nonferrous Metals Network)