AGL 5.40 No Change ▼ 0.00 (0%)
ANL 8.79 No Change ▼ 0.00 (0%)
AVN 76.16 Decreased By ▼ -0.09 (-0.12%)
BOP 5.17 Decreased By ▼ -0.02 (-0.39%)
CNERGY 4.48 No Change ▼ 0.00 (0%)
EFERT 81.10 No Change ▼ 0.00 (0%)
EPCL 49.00 Decreased By ▼ -0.01 (-0.02%)
FCCL 12.70 No Change ▼ 0.00 (0%)
FFL 5.59 Decreased By ▼ -0.03 (-0.53%)
FLYNG 6.98 Increased By ▲ 0.05 (0.72%)
FNEL 4.63 Decreased By ▼ -0.02 (-0.43%)
GGGL 8.59 Decreased By ▼ -0.01 (-0.12%)
GGL 14.06 Decreased By ▼ -0.09 (-0.64%)
HUMNL 5.50 Increased By ▲ 0.01 (0.18%)
KEL 2.60 Increased By ▲ 0.01 (0.39%)
LOTCHEM 27.71 No Change ▼ 0.00 (0%)
MLCF 23.68 Increased By ▲ 0.08 (0.34%)
OGDC 71.45 Decreased By ▼ -0.12 (-0.17%)
PAEL 15.20 No Change ▼ 0.00 (0%)
PIBTL 4.91 No Change ▼ 0.00 (0%)
PRL 15.80 Decreased By ▼ -0.03 (-0.19%)
SILK 1.05 No Change ▼ 0.00 (0%)
TELE 8.99 No Change ▼ 0.00 (0%)
TPL 7.16 No Change ▼ 0.00 (0%)
TPLP 19.22 Increased By ▲ 0.04 (0.21%)
TREET 21.14 No Change ▼ 0.00 (0%)
TRG 136.75 Increased By ▲ 0.25 (0.18%)
UNITY 16.80 Increased By ▲ 0.04 (0.24%)
WAVES 9.10 Decreased By ▼ -0.05 (-0.55%)
WTL 1.37 Decreased By ▼ -0.01 (-0.72%)
BR100 4,162 Increased By 6.8 (0.16%)
BR30 15,396 Increased By 60.4 (0.39%)
KSE100 41,604 Increased By 64 (0.15%)
KSE30 15,381 Increased By 15.9 (0.1%)
Follow us

BEIJING: China’s January copper cathode output from major smelters fell 7.49% from the prior month due to maintenance and the holiday season, state-backed research house Antaike said on Tuesday.

Production at 22 smelters surveyed by Antaike, representing around 83% of China’s total capacity, stood at 742,100 tonnes last month, down from a revised December output of 802,200 tonnes, but was up 2.99% on an annual basis.

“The copper production cuts from maintenance in January were more than expected, while the seasonal impact from Spring Festival holidays and higher monthly basis in December led to the big decline,” Antaike said in a statement.

The research house expected copper cathode output this month to remain steady at around 740,000 tonnes, as smelters are resuming production but there are three days fewer in February.

China’s refined zinc production from 51 smelters stood at 444,000 tonnes in January, down by 12,000 tonnes from December and down 8.2% year-on-year, Antaike said in a separate statement, attributing the drop to holidays as well as the Beijing Winter Olympics.

February zinc output is expected to slip to some 430,000 tonnes as holidays continue, while there could be disruptions from the pandemic situation in some areas, it said.

Comments

Comments are closed.

China’s Jan copper, zinc and lead output down

Oil from Russia: Musadik says there will be no US sanctions

Poor countries’ debt servicing costliest: World Bank

Oil prices slump to pre-Ukraine crisis levels

Anchorperson’s murder: SC directs govt to register FIR

Rs38bn additional taxation measures: Tax Laws (Amend) Ord may be extended for another 120 days

‘Funding’ major challenge to achieve SDGs, says Aisha Pasha

Vegetables: 400 containers stuck at seaport: PFVA

‘NROs given to crooked families’ accounted for mammoth debt: Imran Khan

FIR lodged by Islamabad police

NTDC’s acting chief likely to be confirmed as MD