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||China's 10 nonferrous metal output up 5.4% in Jan-Apr
The combined output of ten nonferrous metals rose 5.4% year on year to 13.55 million tons in the first four months of this year, according to the latest statistics released by the National Development and Reform Commission.
The output of aluminum electrolytic rose 8.5% year on year to 7.69 million tons in the four-month period. The output of copper and alumina oxide see a growth of 6.6% and 7.9%, respectively.
The output of lead dropped 3.2% year on year in the period, and the output of zinc decreased 0.6% year on year in the first four months.
In Apr, the prices of major nonferrous metals reflect a decrease from Mar 2014. The average prices of copper and zinc futures on the Shanghai Futures Exchange stood at RMB 46,240 and RMB 14,731 per ton, down 5.4% and 1.7% from a month earlier, respectively. The average price of aluminum electrolytic was stood at RMB 12,843 per ton, down 2.2% from Mar or 11.8% from a year earlier.