Japan Jan Copper Cable Shipments up 4.9 Percent

Base Metals Investing

Reuters reports that while domestic demand remained flat, Japanese copper wire and cable shipments rose 4.9 percent in January from a year earlier. The market news is quoted as saying: Exports of copper cable and wire jumped 53.1 percent in January to 2,100 tonnes, but domestic demand climbed only 3.6 percent to 54,500 tonnes. The appetite for copper, used […]

Reuters reports that while domestic demand remained flat, Japanese copper wire and cable shipments rose 4.9 percent in January from a year earlier.

The market news is quoted as saying:

Exports of copper cable and wire jumped 53.1 percent in January to 2,100 tonnes, but domestic demand climbed only 3.6 percent to 54,500 tonnes.

The appetite for copper, used in a wide range of products from utensils and construction materials to computer chips, is often seen as a gauge of economic activity.

Click here to access the entire market news.

The Conversation (0)
×