From January to February, China's output of ten non-ferrous metals was 10.508 million tons, down 0.5% year-on-year;

A few days ago, the National Development and Reform Commission released the operation of
the nonferrous metal industry from January to February 2022.

First, the output of smelting products decreased
slightly.
According to data from the National Bureau of Statistics, from January to February, China's output of ten non-ferrous metals was 10.
508 million tons, down 0.
5%
year-on-year.
Among them, refined copper was 1.
701 million tons, a year-on-year increase of 4.
5%; The output of primary aluminum, lead and zinc was 6.
327 million tons, 1.
152 million tons and 1.
056 million tons, respectively, down 1.
4%, 0.
1% and 1.
8%
year-on-year.

Second, the output of processed materials maintained growth
.
According to data from the National Bureau of Statistics, the output of copper processing materials from January to February was 2.
828 million tons, up 5.
2% year-on-year; The output of aluminum products was 8.
663 million tons, a year-on-year increase of 3.
8%.

Third, the prices of major varieties have increased rapidly
.
Affected by the international situation, the price of copper and aluminum rose rapidly
.
According to data from the China Nonferrous Metals Industry Association, the average domestic copper spot price from January to February was 70,870 yuan / ton, up 16.
9% year-on-year; The average spot price of aluminum was 21988 yuan / ton, up 40.
8%
year-on-year.

Fourth, the import volume of copper and aluminum ore has grown rapidly
.
According to data from the General Administration of Customs, from January to February, the national import volume of copper ore and its concentrate was 4.
18 million tons, an increase of 10.
2%
year-on-year.
From January to February, the national aluminum ore and its concentrate imports were 21 million tons, a year-on-year increase of 23.
3%.