Tag: Japan electrolytic copper

Japan: Yen appreciation, economic uncertainty impact copper prices

Aug 6, 2024

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by

Adarsh Ramteke

in Copper, Non Ferrous

On 5 May, JX Nippon Mining & Metals announced a reduction in the price of electrolytic copper. The price was cut by JPY 60,000/tonnes (t) ($414/t), bringing it down to JPY 1.36 million ($9,395/t). This adjustment reflected the changes in international market conditions and exchange rates. The recent rise in the value of the yen…