Ministry of industry and information technology: the price of bulk non-ferrous metals continued to run at a high level in 2021

The Ministry of industry and information technology released the operation of non-ferrous metal industry in 2021 on the 29th. In 2021, the non-ferrous metal industry overcame the repeated adverse effects of the epidemic, grasped the recovery opportunities of China and the international market, continued to deepen the supply side structural reform, ensured the effective supply of the industrial chain, accelerated the intellectualization, greening and high-end of traditional industries, and the overall operation of the industry was stable.

The Ministry of industry and information technology said that the non-ferrous metal industry in 2021 mainly has three characteristics:

First, the output increased steadily. According to the statistics of the National Bureau of nonferrous metals, the output of 10 kinds of nonferrous metals increased by 54.45% year-on-year in 2021.

Second, high prices. According to the statistics of China Nonferrous Metals Industry Association, in 2021, the prices of bulk nonferrous metals continued to operate at a high level. The average spot prices of copper, aluminum, lead and zinc were 68490 yuan / ton, 18946 yuan / ton, 15278 yuan / ton and 22579 yuan / ton respectively, up 40.5%, 33.5%, 3.4% and 22.1% year-on-year.

Third, the import and export amount increased significantly. According to the data of the General Administration of customs, in 2021, the import of copper concentrate was 23.404 million tons, a year-on-year increase of 7.6%, and the import amount was 56.76 billion US dollars, a year-on-year increase of 55.6%; The import of unwrought copper and copper products was 5.529 million tons, a year-on-year decrease of 17.2%, and the import amount was 52.45 billion US dollars, a year-on-year increase of 20.5%; The export of unwrought and rolled aluminum and aluminum products was 5.619 million tons, a year-on-year increase of 15.7%, and the export amount was US $19.47 billion, a year-on-year increase of 48.7%.

The Ministry of industry and information technology pointed out that in 2022, the non-ferrous metal industry will ensure the supply of primary products and strengthen the coordinated development of upstream and downstream industries; Coordinate development and emission reduction, benchmark the industry level, accelerate the R & D and promotion of green and low-carbon key technologies and the transformation of energy-saving and carbon reduction technologies; Adhere to the strategy of expanding domestic demand, improve the high-end supply capacity of new materials, grasp the development opportunities of new energy, cultivate new growth points of the industry, and constantly improve the development quality and efficiency of the non-ferrous metal industry.

- Advertisment -