Weakening Phosphor Bronze Sheet and Strip Prices in Tokyo

The market price of phosphor bronze sheet and strip keeps flat with potential decrease in Tokyo at around 1,575 yen per kilogram for general usage sheet with 1 millimeter thick and for sheet used as spring material with 1 mm thick.Monthly average of Japanese official copper ingot price is decreasing by more than 40,000 yen per tonne in December from November, which becomes the indicator for phosphor bronze product prices in January. Phosphor bronze product prices would down in January, though the dealers keep the price unchanged within this month.The shipment maintains steady. A dealer source said each order comes at rather volume and there appears the demand even for next year usage. Demand is active for digital appliances and cellular phones thanks to the continuous economic recovery in Japan, into which phosphor bronze sheet and strip are mainly applied.