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2018 Forecast for Chin Non-ferrous Metal Industry

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2018 Forecast for Chin Non-ferrous Metal Industry
The report “Research Report on Non-ferrous Metal Industry in China, 2014-2018″ by China Research and Intelligence is now available at chinamarketresearchreports.com. Contact sales@chinamarketresearchreports.com with “Research Report on Non-ferrous Metal Industry in China, 2014-2018” in subject line and your contact details to purchase this report or get your questions answered.

China enjoys abundant resources and large varieties of non-ferrous metals. The reserves of 7 varieties, including tungsten and rare earths, rank the first in the world while the reserves of lead, nickel, mercury, molybdenum and niobium are plentiful. The industry scale expands rapidly as the production volume of non-ferrous metals maintains rapid growth in recent years. The total production volume of the 10 major non-ferrous metals (copper, aluminum, lead, zinc, nickel, tin, stibium, magnesium, titanium and mercury) was 40,287,816 tons in China in 2013, up by 9.91% YOY.

Major production regions of non-ferrous metals are Henan, Gansu, Hunan, Yunnan and Shandong. The production volume in the 5 regions accounted for 43.53% of the national production volume in 2011 while the proportion of Henan ranked the first in China.

The lead futures got listed on SHFE on March 24, 2011 while futures of the other 4 basic non-ferrous metals, including copper, aluminum, lead and zinc were listed on SHFE afterwards. However, the trading varieties in Chinese futures market are significantly different from those in international market.

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The prices of non-ferrous metals fluctuated at low level due to the low global demand and oversupply in 2013. The average spot price of copper, aluminum, lead and zinc was 53,380 CNY/ton, 14,556 CNY/ton, 14,249 CNY/ton and 15,178 CNY/ton, which decreased by 6.9%, 7.1%, 7.4% and 0.5% respectively. The average price of copper, aluminum and zinc

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