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Copper industry in 2009 revenues and profits far less than other non-ferrous metals sub-sectors by wre dfbbbbb





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Copper industry in 2009 revenues and profits far less than other non-ferrous metals sub-sectors by
Article Posted: 08/19/2011
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Copper industry in 2009 revenues and profits far less than other non-ferrous metals sub-sectors


 
Business,Business News,Business Opportunities
2009 non-ferrous metal industry, since it was launched to revitalize the planning, the entire industry and listed companies have a great change. China Economic Net today has invited non-ferrous metal industry, Dongxing Securities Research Institute researcher Mr. Lin Yang, on the current situation and development of non-ferrous metal industry, a detailed interpretation of the situation.

2009 non-ferrous metal industry as a whole to develop good

In reviewing the 2009 development of the whole situation of non-ferrous metals industry, Lin Yang believes that in 2009 the general situation of non-ferrous industry is very good. 2009 revenue growth of China's nonferrous metals industry, 4.87%, from the industry's case, a quarter, better than a quarter. Industry-wide one-quarter revenue fell 15 percent, but profits fell nearly 53%, can be said to embody a very serious crisis. To the second quarter, the entire income had fallen to 13%, the profit picture is down 51%, the profit decline is still very serious. However, the three-quarter rebound very quickly in the third quarter fell by only 3% of revenues, profits rose to decline 33%, can be said that the more obvious pick-up. In the fourth quarter rose colored substantial financial price, revenues increased 53% in the third quarter fell 3% to 53% rise in the fourth quarter, we can see rising very fast, third-quarter profit fell 33% in the fourth quarter, achieving 22 wet % increase. Of course, we do not rule out the economic crisis in 2008 base is relatively small, relatively large in 2009 base point, but from the perspective of the industry chain is still good.

Copper industry revenues and profits far less than other non-ferrous metals sub-sectors

On the non-ferrous metal industry sub-sectors in 2009 the performance of Lin Yang said that in 2009 inside the main non-ferrous industry, the performance of several plates were quite different, and larger than the copper and aluminum zinc several large sub-sectors. From 2009 the entire industry trends, each quarter turn more obvious the signs are good, including industry revenue declined 15 percent copper, and the entire non-ferrous metals industry revenues rose 5%, copper 53% profit drop, from copper the industry say that much worse than the whole industry. Aluminum is relatively good, 1.25% overall decline in revenue, profit rose 4%, in particular, aluminum prices rose faster after the third quarter, capacity relatively fast recovery of the entire aluminum industry, is better. Lead and zinc was up 1.4%, profits rose 33%, the profit perspective, lead and zinc industry is growing, copper is the worst, income and profits were substantial decline. Copper industry, reasons for this situation is due in 2009 copper price declines very fast, most of the mineral resources of copper depend on imports of copper by-products have fallen very fast, sulfuric acid prices in 2009 have experienced a substantial decline in dropped from more than 1000 a few hundred or even 50 are not sell a ton of money, and copper by-product of the impact of copper prices is very large, resulting in far less than the copper industry revenues and profits to other non-ferrous metals sub-sectors.

In 2009 the performance of non-ferrous metal stocks eye-catching plates

2009 non-ferrous metal plates stocks perform better, or at between 400-500 percent. The reason is that the release of global liquidity, so that a rebound in commodity markets is very strong capital markets and securities markets prompted investors to invest in non-ferrous companies. From the three-quarter view, colored pick-up in the company's performance significantly, investors expect a quick rebound performance, so that a relatively significant price increases.

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