Japan's cable demand is expected to total 726,000 tons in 2014

The Japanese Wire and Cable Chamber of Commerce revised the forecast for Japan's cable demand in 2014. It is expected to total 726,000 tons in 2014, an increase of 1.2% year-on-year.

Compared with the initial period, the demand for cable power is expected to increase by 2,000 tons due to the implementation of measures such as photovoltaic power generation and earthquake resistance.

On the export side, due to the depreciation of the yen, it is expected that the export volume of bare wires will increase to over 11,000 tons.

In addition, there are no changes in the values ​​of other five fields such as power equipment and automobiles.

It is reported that total cable shipments in Japan reached 726,000 tons for the year, an increase of 1.2% year-on-year. It was initially expected to reduce by 0.6% year-on-year, but did not expect an increase of 0.6%, an increase of 13,000 tons. Japan Wire and Cable Chamber of Commerce has revised this data.