节点：中游（冶炼、中间品）位置：中游情绪：利好参考度：10/10
2026/27财年上半年（4月至9月）日本精炼铜产量预计同比增长3.3%，核心驱动为电力行业对铜合金产品及铜线材的强劲需求。日本最大铜供应商泛太平洋铜业（PPC）发言人称，该公司上半年供应量预计同比增长7.5%，主因是JX先进金属旗下冶炼厂开工率有望提升。PPC股权结构为JX先进金属持股47.8%、三井矿业持股32.2%、丸红株式会社持股20%，其冶炼与精炼业务Ť..
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