Armenia, the Custom Price of Copper Ore and Concentrate Decreased by 22.6 %

Armenia, the Custom Price of Copper Ore and Concentrate Decreased by 22.6 %

News.am

According to custom data from January to September the growth rate of the volumes of export products making up only 1.4 % has yielded to import by 2.3 %. Within one year the taxes paid by ZCMC decreased by about 13.6 million dollars or more than twice. It is directly connected with deterioration of the financial and economic indicators of the leading company in the field of copper export in the republic. 

Let's see that the negative dynamics in copper ore and concentrate export caused 3% decrease in the growth rate of the total export volumes. Though in natural indicators the export of the mentioned products increased by about 11.8%, the price has considerably decreased by 32.3 million dollars or 15.4%. The thing is that within a year the custom price considerably decreased: by 376.9 or 22.6% per 1 ton. 

November 13, 2014 at 15:35