Copper - analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Copper - analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stephen O who wrote (196)	9/28/2000 9:57:31 AM
From: Stephen O	Read Replies (1) of 2131

Japan's Copper Demand to Rise 6% on Strong Electronics Demand 9/28/0 7:31 (New York) Tokyo, Sept. 28 (Bloomberg) -- Japanese copper demand will likely rise 6 percent this year from last year, as increased demand from domestic electronics companies offsets a drop in exports to Asian markets, an industrial group said. The Japan Brass Makers Association lifted its projection for copper demand in the year to March 2001 to 1.15 million metric tons from an earlier estimate of 1.13 million tons. Last year, demand was 1.08 million tons. ``We've seen strong domestic demand from semiconductor and connector'' makers, said Kazunori Matsuzaka, general manager at the association. ``The strong demand will likely continue for a while.'' Japanese companies have lost market share overseas to rivals in South Korea and Taiwan as a strong yen and high labor have made them unable to match rivals lower prices, the official said. ``We've seen prices falling as Korean and Taiwan companies are selling at lower prices than the Japanese do,'' he said. --Naomi Okada in the Tokyo newsroom (813) 3201-3490 or at {nokada@bloomberg.net/am

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next