Operating rates at copper rod producers using copper cathode as raw material plunged 26.61 percentage points on the month and 19.18 percentage points on the year to 42.05% in February, according to an SMM survey of 52 producers with a total capacity of 13.06 million mt/year. The rates were down 5.66 percentage points from January 2023. The average operating rates of large, medium-sized and small enterprises were 41.17%, 31.21%, and 48.30% respectively.

The operating rates at key copper rod producers using copper cathode were 74.03% last week (October 27-November 2), a decline of 13.13 percentage points from a week earlier. New orders cooled down further due to higher copper prices.

The average operating rate of key copper rod producers using copper cathode was around 68.89% last week (September 15-21), a drop of 2.89 percentage points from a week earlier.

The operating rates of key copper rod producers using copper cathode averaged 71.78% last week (September 8-14), an increase of 1.53 percentage points from a week earlier. The inventories of some copper rod factories were still at a relatively high level, limiting the rise in operating rates.

The operating rates of key copper rod producers using copper cathode averaged 70.25% this week (September 1-7), an increase of 1.28 percentage points from a week ago.

The operating rates of key copper rod producers using copper cathode averaged 68.97% last week (August 25-31), an increase of 0.26 percentage point from a week earlier. Last week's recovery in operating rates was mainly due to the production resumption from maintenance at a copper rod company in central China.

The average operating rate of key copper rod producers using copper cathode was around 68.71% last week, a drop of 0.62 percentage point from the prior week. New orders were subdued amid higher copper prices. According to the survey, the fluctuation of copper price had a greater impact on the orders of copper rod enterprises.

The operating rates of key copper rod producers using copper cathode averaged 69.33% last week (August 11-17), an increase of 1.22 percentage points from last week. According to the latest SMM survey, orders surged last week due to the drop in copper prices, but the increase was relatively small.

The operating rates of key copper rod producers using copper cathode averaged 68.11% this week, an increase of 3.19 percentage points from last week. Some copper rod enterprises said that new orders increased significantly from last week and downstream delivery-taking also accelerated noticeably.

The average operating rate of key copper rod producers using copper cathode was around 64.92% last week (July 29-August 3), a rise of 5.19 percentage points from the previous week.