AIRLINK 69.20 Decreased By ▼ -3.86 (-5.28%)
BOP 4.90 Decreased By ▼ -0.19 (-3.73%)
CNERGY 4.26 Decreased By ▼ -0.11 (-2.52%)
DFML 31.25 Decreased By ▼ -1.20 (-3.7%)
DGKC 77.25 Increased By ▲ 1.76 (2.33%)
FCCL 20.00 Increased By ▲ 0.48 (2.46%)
FFBL 35.00 Decreased By ▼ -1.15 (-3.18%)
FFL 9.12 Decreased By ▼ -0.10 (-1.08%)
GGL 9.80 Decreased By ▼ -0.05 (-0.51%)
HBL 112.76 Decreased By ▼ -3.94 (-3.38%)
HUBC 133.04 Increased By ▲ 0.35 (0.26%)
HUMNL 6.95 Decreased By ▼ -0.15 (-2.11%)
KEL 4.23 Decreased By ▼ -0.18 (-4.08%)
KOSM 4.25 Decreased By ▼ -0.15 (-3.41%)
MLCF 36.60 Increased By ▲ 0.40 (1.1%)
OGDC 132.87 Decreased By ▼ -0.63 (-0.47%)
PAEL 22.64 Increased By ▲ 0.04 (0.18%)
PIAA 24.20 Decreased By ▼ -1.81 (-6.96%)
PIBTL 6.46 Decreased By ▼ -0.09 (-1.37%)
PPL 116.30 Increased By ▲ 0.99 (0.86%)
PRL 25.90 Decreased By ▼ -0.73 (-2.74%)
PTC 13.08 Decreased By ▼ -1.02 (-7.23%)
SEARL 52.00 Decreased By ▼ -1.45 (-2.71%)
SNGP 67.60 Increased By ▲ 0.35 (0.52%)
SSGC 10.54 Decreased By ▼ -0.16 (-1.5%)
TELE 8.28 Decreased By ▼ -0.14 (-1.66%)
TPLP 10.80 Increased By ▲ 0.05 (0.47%)
TRG 59.29 Decreased By ▼ -4.58 (-7.17%)
UNITY 25.13 Increased By ▲ 0.01 (0.04%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,409 Decreased By -52.4 (-0.7%)
BR30 24,036 Decreased By -134.9 (-0.56%)
KSE100 70,667 Decreased By -435.6 (-0.61%)
KSE30 23,224 Decreased By -170.8 (-0.73%)

BEIJING: China’s primary aluminium output in November climbed 4.8% from a year earlier, data showed on Friday, with major producing regions adding new capacity to meet solid demand for the light metal.

The world’s biggest aluminium producer churned out 3.54 million metric tons of primary aluminium last month, according to data from the National Bureau of Statistics (NBS).

Inner Mongolia, the country’s second-biggest producing region, added about 100,000 tons of capacity in November, according to industry consultancy Aladdiny.

Operations in other main regions remained strong, buoyed by a profitable market and underpinned by healthy demand. Aluminium is used in the transportation, construction and packaging sectors.

Average daily output in November was 118,000 tons, up from October’s daily average of 116,774 tons, Reuters calculations showed.

Dry seasonal conditions led to production cuts in southwestern China’s Yunnan province, while analysts expected to see an increasing effect on output from December.

For the first eleven months of the year, China produced 38 million tons, up 3.9% from the corresponding period last year, the data showed.

Production of 10 nonferrous metals - including copper, aluminium, lead, zinc and nickel - climbed 7.1% to 6.5 million tons in November from a year earlier.

Aluminium hits weakest in more than three months on fund selling

Output in the first 11 months of the year rose 7.2% to 67.96 million tons.

The other non-ferrous metals are tin, antimony, mercury, magnesium and titanium.

Comments

200 characters