On the enameled wire SMM announcement 】 【 monthly operating rate announcement

The meaning of MM enameled wire monthly capacity utilization

Copper alignment pole in copper consumption processing material accounted for nearly half above, about 53%. Copper alignment pole is mainly used for electric wire electric cable and winding wire, enameled wire about accounted for about 80% of the winding line. The study of enameled wire for monitoring downstream of the copper terminal consumer market. Enameled wire is mainly used in electric power, electrical appliances, electronics, automobile and other industries, including power industry demand for enameled wire, mainly because of motor and transformer are enameled wire used most areas. Enameled wire starts the basic reflects the winding line of supply and demand of the market. Also reflects the terminal electric power, automobile, home appliances, electronics and other industries of consumption. SMM for more insight into the consumption situation and future development trend of terminal industry, will be officially released this month enameled wire monthly capacity utilization. SMM monthly enameled wire starts at the same time pay attention to the sample coverage to consider the size of the sample distribution, market coverage of the current sample is about 47.8%, provide the market with most representative monthly capacity utilization figures.

Enameled wire enterprise research

Enameled wire enterprise starts to 73.81% in June

According to the SMM, according to the survey data enameled wire enterprise starts to 73.81% in June. According to the feedback of the majority of enterprises, enameled wire starts in June last year compared to the declining trend, the current low utilization level basically has the following several aspects.

First, the macro economic environment impact copper industry market.

On May 6, the trump announced an increase tariffs on China, sino-us economic and trade environment is becoming more and more nervous. Copper prices have been falling, macro economic environment on the copper market, at the same time, enameled wire terminal including areas such as electricity, household appliances, automobiles, electronics, trade friction affect part of the terminal in the field of export, directly affect the demand of enameled wire.

The second affect enameled wire, terminal consumption demand.

According to SMM research, weak downstream of the enameled wire, the electric power industry is given priority to with motor demand is weak, the auto industry performance is not satisfactory, and home appliance industry also appears landslide after June, lower the demand for enameled wire. According to SMM understanding, which is mainly composed of transformer terminal enameled wire enterprise, at present is less affected.

Third, the environmental protection is strongly large enameled wire production pressure.

As the country's emphasis on environmental protection increasing, enameled wire enterprise environmental pressures, environmental cost, compression corporate profits, some companies money pressure tight, production will not active.

Based on the above reasons, enameled wire enterprise starts June performance not as good as expected, has a downward trend.

Is expected in July enameled wire enterprise starts to 71.63%

According to the SMM research, most of the enameled wire enterprise pessimistic about future consumption, first of all because of season 7, 8, 9 months into enameled wire industry. Secondly because of the global macro economic slowdown, enameled wire industry downstream consumption is weak, lack of orders, production rhythm is expected to slow, resulting in July starts still keep falling.

(27 research enterprises, production capacity of 861000 tons)

The distribution of the sample

The enameled wire industry are mainly distributed in the Yangtze river delta, the pearl river delta and the bohai rim region, most of the enterprise is located in the east China area, mainly distributed in zhejiang, anhui, jiangsu, shandong, Shanghai and other places; The second area is in southern China, mainly distributed in guangdong province. According to its geographical distribution in China, the SMM, as far as possible in the main distribution center according to the medium sample collecting market information, make a sample distribution is more reasonable, more can reflect the market dynamic.

On July 4, 2019 Song Yao