China`s 10 nonferrous metal output up 9.4% in Jan-Jul
Source: www.chinamining.org Citation: China Knowledge Date: September 1, 2015
The output of the ten nonferrous metals gained 9.4% from a year earlier to 29.49 million tons in the first seven months of this year, according to the latest report released by the National Development and Reform Commission (NDRC).
According to the statistics, the country`s aluminum electrolytic output grew 12% year on year to 18.33 million tons in the seven-month period, while the output of copper, Zinc and alumina oxide expanded 9.1%, 10.4% and 12% over the previous year to 4.41 million tons, 3.58 million tons and 32.88 million tons, respectively.
Meanwhile, the output of lead shed 3.9% year on year to 2.27 million tons during the seven-month period.
Last month, the average prices of aluminum electrolytic, lead, Zinc and copper futures on the Shanghai Futures Exchange saw a decline to RMB 12,498, RMB 13,141, RMB 15,552 and RMB 41,939 per ton, retreated 3.9%, 1.4%, 6.1% and 6% from a month earlier, respectively.
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