2014 January-August Sichuan tungsten and molybdenum and other industrial economic operation

2014 January-August, non-ferrous metals industry in Sichuan province affected by overcapacity, leading to the obvious contradiction between supply and demand, lack of market demand, prices fell sharply, continuing economic decline.

First, the basic situation of the industry run

(A) primary product production continued to decline, the steady growth of deep-processed products. According to the provincial Bureau of Statistics data show that from January to August 2014, the province's non-ferrous metal industry enterprises produce 10 kinds of nonferrous metals accumulated 446,000 tons, down 8.86%. Among them, the cumulative production of 290,000 tons of electrolytic aluminum, down 23.69%. Cumulative production of 15,600 tons of electrolytic copper, an increase of 174.01%. Cumulative production of 136,800 tons of electrolytic zinc, an increase of 33.46%. Non-ferrous metal processing products continue to maintain growth. Province's total copper production of 33,800 tons, an increase of 47.21%; cumulative production of 499,400 tons of aluminum, an increase of 23.54%.

Since this year, polysilicon prices gradually rise, production tends to be better, January-August cumulative production of 11,026 tons of polysilicon, an increase of 276.5%. January-August cumulative production of tungsten carbide, tungsten and molybdenum products, tungsten and molybdenum compounds and hardfacing material is 6179 tons, down 15.41 percent.

(B) the economic benefits continue to fall. According to the provincial Bureau of Statistics data show that from January to August 2014, the province's non-ferrous metal industry enterprises above designated size industrial output value 64.5 billion yuan, an increase of 1.48%; profits 3.2 billion yuan, down 13.73%; profit of 1.591 billion yuan, up decreased 20.02%.

Two, there is a major problem

(A) market demand, product sales flat. Affected by market demand, product demand dropped significantly, from January to August non-ferrous metal industry sales rate was 94.37%, down 1.49 percentage points.

(B) the main product prices running low. In addition to aluminum prices rose slightly compared with last year outside (currently reached 14,300 yuan / ton), other products such as copper, lead and zinc prices remain low run.

(C) the lack of a large project support, resulting in insufficient development potential non-ferrous metal industry.

Third, the measures and recommendations

Actively guide the docking upstream and downstream industries, related industries, the depth of cooperation, integration and development, expansion of product applications, extend the industrial chain, and effectively resolve overcapacity, promote structural adjustment and transformation and upgrading of enterprises.


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