From January to May this year, the output of 10 non-ferrous metals in China increased by 8.8

According to the data released by the National Development and Reform Commission on June 24, from January to May, China's output of 10 non-ferrous metals was 13.77 million tons, an increase of 8.8% compared with the same period of last year, but the growth rate slowed down by 24.5 percentage points year-on-year. Judging from the general market trend, while the output growth slowed down year-on-year, the prices of major non-ferrous metal products also fell in May.

From January to May, China’s copper production increased by 14.4% year-on-year, the growth rate slowed by 1.3 percentage points; electrolytic aluminum production was 7.05 million tons, an increase of 4% year-on-year, and the growth rate slowed by 45.3 percentage points; lead production increased by 26.1% year-on-year, down from a year earlier. 6.4%; zinc production increased by 5.1% year-on-year, the growth rate slowed by 29.5%; alumina production increased by 15.6% year-on-year, and the growth rate slowed by 30.8 percentage points.

In May, China’s output of 10 non-ferrous metals increased by 6.1% year-on-year, a year-on-year slowdown of 25 percentage points. Among them, copper production was 439,000 tons, an increase of 10%, but lower than the output of 454,000 tons in April; electrolytic aluminum production was 1.536 million tons, an increase of 8.7%, the growth rate slowed down by 34.8 percentage points year-on-year; lead production increased year-on-year 8.5%; zinc production decreased by 6.7% year-on-year.

In terms of prices, the prices of major non-ferrous metals in the domestic market declined in May: the average spot prices of copper, lead and zinc were 68,386 yuan/ton, 16,335 yuan/ton and 16,995 yuan/ton, which were 4.7% lower than those in April respectively. 6.6% and 6%, respectively, year-on-year increase of 24.1%, 7.1% and 2.5%; electrolytic aluminum price was 16,745 yuan / ton, 0.2% higher than in April, an increase of 9.7%.

In the first four months of this year, China's non-ferrous metal industry realized a profit of 61.9 billion yuan, a year-on-year increase of 36.4%. Among them, nonferrous metal mining and mining industry realized a profit of 19.5 billion yuan, an increase of 49.5%; non-ferrous metal smelting and rolling processing industry realized a profit of 42.5 billion yuan, an increase of 31.1%.

According to data released by the Ministry of Industry and Information Technology, in May, the added value of China's non-ferrous metals industry increased by 12.1% year-on-year, but fell by 0.3% from the previous month; non-ferrous metal mining investment in the mining industry was 30.2 billion yuan, an increase of 6.0%; non-ferrous metals The investment in smelting and rolling processing industry was 111.8 billion yuan, a year-on-year increase of 26.8%.

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