The China's anode plate operating rate remains stable.
[SMM Copper Anode Market] Recently, production at copper anode enterprises has been relatively stable, with deliveries mainly based on long-term contracts. During July 10-16, the SMM weekly operating rate of China's scrap-derived copper anode producers rose 1.45 percentage points WoW to 49.62%, and it is expected to rise 1.24 percentage points WoW next week to 50.86%.