China’s nonferrous metals industry production running smoothly

In the first half of the complicated international economic environment and under the condition of domestic economic downward pressure is bigger, production of non-ferrous metals industry in China to keep smooth running in the overall situation.

One is the output growth is becoming better and better progressly. In the first half of the ten kinds of non-ferrous metal production 25.2658 million tons, up 9.32% from a year earlier, the growth rate than the same period last year increased by 3.92%. Among them, the production of 3.7783 million tons, up 9.39%; Aluminium production 15.6082 million tons, up 11.69%; Lead production 2.0483 million tons, fell 3.49% year on year; Zinc output of 3.0702 million tons, up 13.4% from a year earlier. Copper production (including repeat statistical output) between enterprises, 8.7608 million tons, up 4.23% from a year earlier. Aluminum production (including repeat statistical output) between enterprises, 24.6757 million tons, up 10.18% from a year earlier. Alumina production 28.2201 million tons, up 13.05% from a year earlier.

Second, fixed asset investment growth fell back. In the first half of the nonferrous metal industry (not including independent gold enterprise, similarly hereinafter), the total investment in fixed assets of 310.048 billion yuan, up 2.19% from a year earlier, compared with the same period last year dropped 4.39%. The non-ferrous metal mining projects completed investment in fixed assets of 45.759 billion yuan, fell 7.31% year on year; Non-ferrous metal smelting project completed investment in fixed assets of 81.022 billion yuan, fell 3.50% year on year; Non-ferrous metal processing projects completed investment in fixed assets of 183.268 billion yuan, up 7.76% from a year earlier.

Three is a decline in non-ferrous metals import and export trade. In the first half of China’s total import and export trade of non-ferrous metals (excluding gold jewelry and components trade) of $56.1 billion, down 10.7% year-on-year. Among them: $41.46 billion of value, fell 15.7% year on year; Exports of $14.65 billion, up 7.0% from a year earlier. The trade deficit of $26.81 billion, down 24.4% year-on-year.

Four is a non-ferrous metal prices. Copper, aluminum, lead in the first half of the domestic market average price respectively is 43300 yuan/ton, 13000 yuan/ton, 12900 yuan/ton, fell by 12.4%, 1.7% and 7.0%. Zinc in the domestic market the average price of 16500 yuan/ton, up 7.8% from a year earlier, but decreased by 2.3% in the second half of last year.