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According to the statistics released on February 7 by the China Nonferrous Metals Industry Association (CNIA), the annual average price of nonferrous metals in China in 2012 may be slightly lower than that in 2011. The price fluctuation will continue in this first quarter and even through the first half of 2012 from the fourth quarter of 2011. The economic growth of the industry will significantly fall during the whole year and may experience zero growth in the first quarter.
According to the statistics released on February 7 by the China Nonferrous Metals Industry Association (CNIA), the annual average price of nonferrous metals in China in 2012 may be slightly lower than that in 2011. The price fluctuation will continue in this first quarter and even through the first half of 2012 from the fourth quarter of 2011. The economic growth of the industry will significantly fall during the whole year and may experience zero growth in the first quarter.