The average operating rate of key copper rod producers using copper cathode was around 65.2% last week, a rise of 2.52 percentage points from the previous week.
Orders picked up slightly from the previous week but remained poor. Raw material inventory of downstream enterprises was relatively sufficient.
Upstream and downstream enterprises had stricter control over cash flows due to mid-year settlement, slowing delivery taking. The consumption of copper rod produced with copper cathode was lacklustre.
