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Chinese CCA (copper-clad aluminium) markets weakened sharply into late June, with June-specific dynamics now dominating the narrative. Softer export enquiry, a rapid collapse in new overseas aluminum-wire orders, and a mid-month slowdown in construction demand collectively pushed CCA sentiment into a distinctly defensive posture. By contrast, May鈥檚 conditions鈥攑reviously steady offtake for lightweight wiring harnesses tied to the NEV cycle and stable *G-related demand for high-frequency coaxial CCA cables鈥攏ow represent only a modest backdrop to June鈥檚 far more consequential shifts.
June鈥檚 pressure on CCA producers intensified as the export window that had fueled May鈥檚 record aluminum-wire shipments began to close. Overseas traders and Chinese wire-cable manufacturers reported that new export orders for aluminum stranded wire had plummeted, with last week seeing only sparse enquiries and this week showing almost no new orders at all. The SHFE/LME aluminum price ratio narrowed sharply as overseas aluminum prices...
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