Peru’s mining exports declined by 24.8pc in March compared to the same month in 2020 on lower demand for copper, zinc, and molybdenum, the National Institute of Statistics and Informatics (INEI) indicated.

Peruvian copper exports by value dropped by 28.9pc to $842.5mn in March, from $1.18bn in the same month of the prior year, INEI noted in a statement on Friday without disclosing the volume.

 

Zinc shipments reduced by 67.4pc to $101.8mn in March, from $312.4mn in the same prior-year month, while exports of molybdenum declined by 15.6pc to $67.8mn from $80.4mn in the same period.

Iron ore exports, on the other hand, climbed by 31.3pc to $75.8mn in March, from $57.7mn in the same month of 2020, and lead exports rose by 2.4pc to $146.1mn from $142.7mn in the same timeframe.

 

Peru’s mining production rose by 15.3pc in March on an annual basis due to higher production of iron ore, zinc, and copper, INEI reported without disclosing volume.

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