Operation of nonferrous metal industry in the firs

The operation of the non-ferrous metal industry in the first quarter of 2019

in the first quarter of 2019, the non-ferrous metal industry was basically stable, industry confidence was boosted, and the downward trend of benefits was eased

first, the production is generally stable. In the first quarter, the output of ten non-ferrous metals in China was 13.7 million tons, with a year-on-year increase of 6.3%. Among them, the output of copper, aluminum, lead and zinc were 2.05 million tons, 8.57 million tons, 1.43 million tons and 1.31 million tons respectively, with a year-on-year increase of 8.8%, 4%, 32.6% and -5.1% respectively. The output of copper and aluminum was 3.66 million tons and 10.4 million tons respectively, with a year-on-year increase of 14.4% and 10.2%

second, industry confidence has been boosted. Driven by relevant favorable policies such as tax cuts and fee reductions proposed in the government work report, the non-ferrous metal market has been boosted. In March, the average spot prices of copper, aluminum, lead and zinc were 49702 yuan/ton, 13803 yuan/ton, 17166 yuan/ton and 22495 yuan/ton respectively. Except for lead, the prices rose by about 3% compared with that in January. The enterprise credit calculated by the non ferrous metal association will continue to lead the global market demand index to end the decline for three consecutive quarters, The index in the first quarter increased by 0.8 percentage points over the previous period

third, the declining trend of benefits is slowing down. In the first quarter, the non-ferrous industry achieved a profit of 28.92 billion yuan, a year-on-year decrease of 13.6%. However, with the slight recovery of the market in the main consumer areas since March, the downward trend of industry benefits has eased, and the profit decline has fallen by 18.6 percentage points compared with the month. Among them, the mining, beneficiation and smelting industries achieved profits of 8.39 billion yuan and 8.75 billion yuan respectively, with a year-on-year decrease of 15% and 30%. With the shutdown of some production capacity and the decline of carbon, alumina and other costs, the aluminum smelting industry lost 480 million yuan in the first quarter compared with the month; The processing industry has reversed its performance since the end of last year, "Gerry explained: "Through the development of more conductive resins, but the products on the market are both good and bad, the profit in the first quarter was 11.78 billion yuan, an increase of 6.1% year-on-year.

Fourth, the investment continued to decline. In the first quarter, the investment in the non-ferrous metal industry decreased by 15.1% year-on-year. Among them, due to the impact of mine consolidation, the investment in mining and dressing decreased by 5.9% year-on-year in the fourth quarter; due to resource constraints, lower downstream consumption, the investment in smelting and processing decreased by 1% year-on-year 7.1%。

fifth, the growth rate of aluminum exports fell. In the first quarter, the export of aluminum materials was 1.28 million tons, with a year-on-year increase of 13.1%, and the growth rate fell by 7.4 percentage points year-on-year. The cumulative export volume was 3.5 billion US dollars, with a year-on-year increase of only 3.9%. The export unit price of aluminum materials fell by 8.1% year-on-year, and the trend of volume increase and price decline was obvious