The sector miner started the year on the wrong foot and registered a fall of 3.61%, according to information from the National Institute of Statistics and Informatics (INEI).
This setback was a consequence of the low volumes of tin production, which fell by 62.5%, silver which fell by 19.9% and molybdenum which fell by 12.4%.
Negative percentages were also observed in the case of zinc (-6.9%), gold (-6.8%), lead (-6.7%) and copper (-1.6%). Meanwhile, iron production did advance by 51.7%.
The analyst Anthony Laub explained that the results of the first month respond to the protests and social conflicts that paralyzed projects or generated interruptions of the mining companies.
Look: Inflation in Metropolitan Lima advanced 0.29% in February
“What happened in January is not only due to low prices, a large part is due to the context that we have experienced. Las Bambas is hit; Antapaccay is taken and San Rafael, which produces tin, was paralyzed, ”she highlighted.
In general, he specified that the entire mining circuit was impacted by the demonstrations and roadblocks, but they expect the figures to have changed in February.
“In February it would not be the same as in January, but certain things remain. Puno is still complicated, so it is expected that San Rafael will still register some problems, ”he assured.
DATA
In January, domestic cement consumption fell 15.2%, and imports fell 18%. Fishing production increased by 32.94% in the first month, reported the INEI.
Electricity production fell 4.81% in February.
