Peru's export volumes of copper, zinc, gold, silver and molybdenum rose year on year in May, while lead declined and tin was unchanged, the central bank said Tuesday in a statement posted on its website.
Total metals export revenue rose 23.5% from a year earlier to $2.12 billion in May, the bank said.
Copper shipments climbed up 2% year on year in May to 212,500 mt, while a 22% increase in copper prices to $2.20/lb from $1.80/lb boosted export revenue by 24.5% to $1.03 billion, it added.
Gold exports rose 11.2% to 492,700 oz over the same period, while export revenue gained 10.2% to $614 million even as prices slid 1% to $1,246/oz from $1,258/oz, the bank said. Silver shipments rose 11% to 600,000 oz, while export revenue increased by 14% to $10 million.
Zinc shipments jumped 37.6% to 121,900 mt while revenue doubled to $221 million, according to the bank. Tin shipments from Minsur's San Rafael mine were little changed at 1,600 mt and revenue rose 31% to $31 million, while molybdenum shipments gained 52.8% to 1,900 mt and export revenue nearly tripled to $31 million. Prices rose for all three metals.
Lead shipments fell 2.4% to 73,400 mt, while stronger prices boosted export revenue by 9% to $136 million.
Peru is the world's second-largest copper and silver producer, No. 3 in zinc and tin, and No. 5 in gold.
