Japan May Copper Cable Shipments Likely Down 12%-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Market commentary
  • Futures movement
  • Copper
  • Aluminium
  • Inventory data
  • Lead
  • Evening comments
  • Macroeconomics
  • MMi Iron Ore Port Index
  • Li-Ion Battery Cathode Material
  • Morning comments
  • Customs data
  • Silicon
  • Nickel

Japan May Copper Cable Shipments Likely Down 12%

Industry News 01:14:40PM Jun 28, 2010 Source:SMM

SINGAPORE, Jun 28, 2010 (Dow Jones Commodities News Select via Comtex) -- Japan's copper cable shipments in May likely fell 12% from April, according to preliminary data from the Japanese Electric Wire and Cable Makers' Association Monday.

The association estimated shipments were 49,700 metric tons, 11% higher than a year ago.

Confirmed shipments of 56,200 tons in April were up 7% on year.

The preliminary May data indicate copper cable shipments to the construction industry were 18,500 tons, down 16% from April and down 3% from a year earlier.

The association projected shipments to the automobile sector at 5,300 tons, down 14% from April but up 24% on year.

Official May results and preliminary June data will be released in late July. 
 
 

Price

more
#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

Japan May Copper Cable Shipments Likely Down 12%

Industry News 01:14:40PM Jun 28, 2010 Source:SMM

SINGAPORE, Jun 28, 2010 (Dow Jones Commodities News Select via Comtex) -- Japan's copper cable shipments in May likely fell 12% from April, according to preliminary data from the Japanese Electric Wire and Cable Makers' Association Monday.

The association estimated shipments were 49,700 metric tons, 11% higher than a year ago.

Confirmed shipments of 56,200 tons in April were up 7% on year.

The preliminary May data indicate copper cable shipments to the construction industry were 18,500 tons, down 16% from April and down 3% from a year earlier.

The association projected shipments to the automobile sector at 5,300 tons, down 14% from April but up 24% on year.

Official May results and preliminary June data will be released in late July.