Electric copper wire shipments of about 130 Japanese electric wire makers in July of 2014 increased by 3.1% from the previous year to 63,600 tons, Japanese Electric Wire & Cable Maker’s Association announced on 20th.
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Pan Pacific Copper, Japan’s biggest copper smelter, plans to increase output by 5.5% year-on-year to 280,900 tonnes of refined copper in the April-September 2014 period.
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Japanese Electric Wire & Cable Makers’ Association announced fiscal 2014 copper electric wire shipment estimation in Japan by around 130 members on 25th to keeps flat from fiscal 2013 estimation to 713,000 tons. Though there are minus factor including reaction caused by the rise in the consumption tax, they calculate it has a small effect, and expected to keep 700,000 tons level for the 2 straight year.
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Demand for products, including sheets and tubes, may rise 0.7 percent to 800,700 metric tons, compared with estimated 795,000 tons for this fiscal year, according to the association.