China`s 10 nonferrous metal output up 5.4% in H1
Source: www.chinamining.org Citation: China Knowledge Date: July 29, 2014
The combined output of the ten nonferrous metals rose 5.4% year on year to 20.89 million tons in the first half 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 11.54 million tons in the six-month period. The output of copper and alumina oxide see a growth of 8.1% and 6.5%, respectively.
The output of lead dropped 2.8% year on year in the period, and the output of zinc went up 1.2% from a year earlier in the first six months.
In Jun, the prices of major nonferrous metals reflect a growth from May 2014. The average prices of copper and zinc futures on the Shanghai Futures Exchange stood at RMB 49,475 and RMB 15,277 per ton, up 2.3% and 1.1% from a month earlier, respectively. The average price of aluminum electrolytic was stood at RMB 13,322 per ton, up 0.7% from May or declined 9.5% from a year earlier.
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