Operation of Nonferrous Metals Industry in the First Quarter of 2019

According to the statistics of the National Bureau of Statistics, from January to March 2019, the output of ten kinds of non-ferrous metals in China was 1369,000 tons, an increase of 6.3% over the same period last year. Among them, the output of refined copper was 2.045 million tons, an increase of 8.8%, the output of raw aluminium was 8.567 million tons, an increase of 3.9%, the output of refined lead was 1.429 million tons, an increase of 32.6%, and the output of zinc was 1.36 million tons, a decrease of 5.1%. Alumina output was 18.248 million tons, an increase of 11.1% over the same period last year. Copper output was 3661,000 tons, up 14.4% year-on-year; aluminium output was 104,030,000 tons, up 10.2% year-on-year.

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According to the data of China Nonferrous Metals Industry Association, in March 2019, the average spot price of copper in the domestic market was 49,750 yuan/ton, down 6.2% year on year; the average spot price of aluminium was 13,920 yuan/ton, down 4.3% year on year; the average spot price of lead was 16,960 yuan/ton, basically the same as the same period last year; and the average spot price of zinc was 23,550 yuan/ton, down 2.1% year on year.

From January to March 2019, China imported 118,000 tons of unwrought rolled copper and copper, a decrease of 4.3% compared with the same period last year.

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