Research Report on China’s Nonferrous Metal Industry, 2012-2017
(CRI-report) -China is loaded in nonferrous metal assets which possess complete types. Currently, reserves of 7 metals including wolfram and uncommon earth rank the very best globally; reserves of 5 metals, specifically, lead, nickel, mercury, molybdenum and niobium are significantly plentiful. Recently, the output of non-ferrous metals maintains the fast increase and the sector level swiftly expands. In 2011, the result of China’s ten main non-ferrous metals (copper, aluminum, business lead, zinc, nickel, tin, antimony, magnesium, titanium and mercury) was 34.38 million tons, raising by 9.8% YOY. From January to October in 2012, the cumulative output of ten main non-ferrous metals in China reached 30.52 million tons, raising by 7.7% YOY.
Among it, the result of non-ferrous metals in Henan rated the very best in China’s non-ferrous metal industry. Resources of China’s non-ferrous metal industry are generally concentrated in Shandong, Henan, Jiangxi, Gansu, Jiangsu, etc.; Shandong, Jiangxi, Internal Mongolia, Henan, Jiangsu, etc. make more profits.
After business lead futures was successfully detailed on the Shanghai STOCK MARKET on Mar. 24, 2011, four major basic non-ferrous metals in China had been all detailed on the Shanghai STOCK MARKET. However, trade types of China’s futures marketplace still lag behind that of worldwide markets.
In 2011, the full total import & export trade quantity of China’s non-ferrous metals reached an all-period high, achieving USD 160.7 billion, with a rise of 28% YOY. Among it, the import quantity was USD 117.5 billion, increasing by 21% YOY; the export quantity was USD 43.2 billion, increasing by 52.7% YOY. The deficit quantity of import & export trade in the complete year was USD 74.4 billion, with a growth of 8% YOY. With regards to products, the import level of copper, light weight aluminum and lead smelting items all shown the declining craze. The import level of bauxite sharply elevated and the export level of aluminum components taken care of the soaring momentum. However, because of aggravated trade friction, it brings more issues to exports and the development rate of raw materials export quantity will evidently drop.
China is certainly to enter the mid-to-past due industrialization. The non-ferrous metal sector will usher in brand-new market opportunities. At the moment, the intake per capita of China’s copper, light weight aluminum and zinc is significantly less than one-third of this in developed countries. As a result, there is huge space for the advancement of China’s non-ferrous metal market later on.