Operating Rates Of Copper Wire And Cable Producers In May Exceeded Expectations
- Jun 26, 2023, at 2:35 pm
The operating rates of copper wire and cable producers averaged 89.66% in May, up 4.13 percentage points month on month and 13.8 percentage points year on year. The average operating rate of large, medium-sized and small enterprises was 94.67%, 65.72% and 58.99% respectively. The average operating rate is estimated at 88.92% in June. Copper prices fell sharply in May, which stimulated the growth of new orders in various terminal industries.
