China`s 10 nonferrous metal output up 7.7% in Q1 to 12.17 mln tons
Source: www.chinamining.org Citation: China Knowledge Date: May 04, 2015
The combined output of the ten nonferrous metals rose 7.7% year on year to 12.17 million tons in the first quarter of this year, according to the latest statistics released by the National Development and Reform Commission.
The output of aluminum electrolytic rose 7.4% year on year to 7.51 million tons in the three-month period. The output of copper and alumina oxide see a growth of 14.4% and 15.3% to 1.85 million tons and 13.97 million tons, respectively.
The output of lead dropped 6.7% year on year to 0.99 million tons in the period, and the output of zinc went up 14.4% from a year earlier to 1.46 million tons in the first three months.
In Mar 2015, the average prices of copper and lead futures on the Shanghai Futures Exchange stood at RMB 42,097 and RMB 12,334 per ton, up 2.8% and down 1.3% from Feb 2015, respectively?
In the first quarter of this year, China`s nonferrous industry realized RMB 35.4 billion in profit, 8.8% higher than in the same period of 2014.
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