Copper scrap trading is being more stagnant around Tokyo when copper metal price plunged down. Copper scrap generation continues decreasing since mid July and scrap dealers cannot secure enough inventory. Many dealers decreased their shipment quota for copper alloy fabricators by several ten percentages in October. Scrap purchasing volume by copper alloy fabricators is also declining due to slow economy.Japanese official copper ingot price was set at 730,000 yen per tonne for domestic shipment in October, which hit the lowest in 19 months. The market price of no.1 copper wire scrap became to around 665 yen per kilogram around Tokyo, which reflected the low copper ingot price and dropped down by 26% from the yearly record 900 yen in July.Potential copper scrap inventory in the market has decreased along with the price down of copper ingot. In September, scrap dealers entered severe competitions to secure high grade scrap such as no.1 copper wire scrap, new cutting copper scrap or new cutting brass scrap. The market price skyrocketed partially.Some scrap dealers decreased their shipment quota for copper alloy fabricators by about 30% in October because their profitability turned worse. On the other hand, copper fabricators are decreasing scrap purchasing volume due to low shipment of their products, especially brass bar makers since mid September. Several brass bar makers are decreasing procurement volume such for brass turning scrap by more than 30% in October.
Japan Steel Scrap Composite Prices (Sangyo Press)
- Agenda for Change Agreement
- Retention Bonus Agreement Pdf
- Car Rental Agreement Sample Free Uk
- Company Sale and Purchase Agreement Template
- Party Wall Agreement Cost London
- Wto Sps Agreement Ppt
- Athlete Representation Agreement
- Property Management Agreement Example
- China-Europe Comprehensive Investment Agreement
- Agreement on Subsidies and Countervailing Measures
- Agreement for the Provision of Marketing Services
- Prenuptial Agreement Form Nys
- Home for Sale by Owner Contract Form
- Business Combination Agreement Lilium
- Uk Dutch Double Taxation Agreement
- Quickbooks Online Service Agreement
- Simple Loan Agreement with Balloon Payment
- Agreements Form
- Liquidated Damages for Breach of Confidentiality Agreement
- An Agreement Synonyms