China's copper ore imports decrease and prices rise in the first 11 months of 2020

According to the latest data released by the General Administration of Customs of China, in the first 11 months of this year, the total value of China’s imports and exports of goods was 29.04 trillion yuan, an increase of 1.8% over the same period last year. increase.

Data shows that from January to November, imports of iron ore and its concentrates continued to increase in volume and prices, coal and lignite imports fell in volume and prices, and imports of bulk minerals such as crude oil and natural gas continued to increase in volume and prices over the same period last year. It is worth noting, copper ore and concentrate imports increase in volume and a drop in price trend is broken, prices go into a minus.

import

From January to November, China imported 1.073 billion tons of iron ore and its concentrate, an increase of 10.9% year-on-year, and the average import price was 694.5 yuan/ton, an increase of 5.8% year-on-year; imported copper ore and its concentrate was 19,881 million tons, a year-on-year increase Down by 0.9%, the average import price was 10774.6 yuan/ton, up 1.1% year-on-year; imported coal and lignite were 265 million tons, down 10.8% year-on-year, and the average import price was 483.6 yuan/ton, down 9.8% year-on-year; imported crude oil was 504 million tons , An increase of 9.5% year-on-year, the average import price was 2262.2 yuan/ton, a year-on-year decrease of 31.3%; imported natural gas was 90.436 million tons, an increase of 3.9% year-on-year, and the average import price was 2297.8 yuan/ton, a year-on-year decrease of 23.1%. In addition, imported steel was 18.859 million tons, a year-on-year increase of 74.3%, and the average import price was 5688.7 yuan/ton, a year-on-year decrease of 29.4%; imported unwrought copper and copper materials were 6.174 million tons, a year-on-year increase of 38.7%, and the average import price was 44,300 Yuan/ton, down 1.6% year-on-year.

Export

From January to November, China exported 31,280 tons of rare earths, down 26.7% year-on-year, and the average export price was 6,7774.9 yuan/ton, up 2.2% year-on-year. In addition, the export of steel products was 48.826 million tons, a year-on-year decrease of 18.1%, and the average export price was 5835.4 yuan/ton, a year-on-year increase of 2%; the export of unwrought aluminum and aluminum products was 4.404 million tons, a year-on-year decrease of 16.1%, and the average export price was 1,8694.4 yuan. /Ton, up 0.2% year-on-year.