Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Japan Copper-Alloy Product Output Falls for Seventh Month

Jan. 20 (Bloomberg) -- Japan’s output of copper and copper-alloy fabricated products, including sheets and tubes, slumped 12.1 percent in December from a year ago, falling for a seventh month as demand for exports slowed, an industry group said.

Production was 60,530 metric tons last month, compared with 68,859 tons a year ago, the Japan Copper & Brass Association said today, citing preliminary data. Output totaled 65,996 tons in November, down 10.3 percent from 73,612 tons a year ago.

Output fell 4.9 percent to 824,500 tons in calendar 2011 from a year earlier, the association said in a statement. In December, production for domestic consumption declined 8.2 percent to 52,038 tons, while output for exports plunged 30.3 percent to 8,492 tons, it said.

Copper for three-month delivery gained as much as 0.8 percent to $8,428.50 per ton, the highest level since Sept. 20, on the London Metal Exchange before trading at $8,375 at 5:07 p.m. Tokyo time.

To contact the reporter on this story: Jae Hur in Tokyo at jhur1@bloomberg.net

To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.