According to the latest statistics from the Ministry of Industry and Information Technology of the People's Republic of China, the output of ten non-ferrous metals in the country in January and February increased by 39.4% year-on-year to 4.78 million tons, while alumina production increased by 50.8% year-on-year to 4.87 million tons.
According to the Ministry of Industry and Information Technology on the 24th, China's non-ferrous industry production showed rapid growth in January and February, and industrial added value increased by 26.5% year-on-year, 2.6 percentage points faster than that in December 2009. The output of ten non-ferrous metals was 4.78 million tons, up 39.4% year-on-year; among them, the output of electrolytic aluminum and electrolytic copper reached 2.57 million tons and 700,000 tons respectively, up 45.6% and 16.2% year-on-year. Alumina production reached 4.87 million tons, an increase of 50.8%.
In addition, China's imports of copper and aluminum in January-February increased year-on-year. According to the statistics of the Customs Express, the import of unwrought copper and copper in January and February was 614,000 tons, up 9.2%; the unwrought aluminum and aluminum were 162,000 tons, up 39.1%; the alumina was 1.09 million tons, up 44.3%.
China's non-ferrous products prices fell back in January and February. In February, the monthly average price of copper and aluminum spot in the domestic market was 55,327 yuan/ton and 16,080 yuan/ton, respectively, down 4,744 yuan/ton and 873 yuan/ton respectively from the high level in January.
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