In 2017, China's aluminum output was 36.3 million

2022-06-19
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In 2017, China's aluminum output was 36.3 million tons

recently, the output data of China's major alumina and aluminum plants and other basic metals have made it difficult for domestic small and medium-sized production enterprises with the tightening of environmental protection policies. The report shows that despite the reduction of production capacity in winter, aluminum output has increased month by month

it is observed that although the supply side reform and winter capacity reduction were implemented last year, the resumption and new capacity of Shandong Weiqiao, Shandong Xinfa, Xinjiang hope, Xinjiang Jiarun and Inner Mongolia Jinlian made up for the suspended capacity, and the output remained high in December. The following table shows the production of alumina and aluminum in December and the forecast for January

according to the preliminary data, the aluminum output in December was 3million tons, an increase of 1.7% over December 2016 and 3.2% over November 2017; From January to December 2017, China's aluminum output was 36.3 million tons, an increase of 14.4% over the same period last year. It is estimated that China will produce 3.04 million tons of aluminum in january2018

according to statistics, due to the rise of LME aluminum price yesterday, the average price of A00 aluminum ingots in China today rose from 14720 yuan per ton to 14910 yuan per ton

by the end of December 2017, the domestic aluminum ingot inventory was 1.76 million tons, an increase of 1.42 million tons year on year. Considering the closed capacity in Xinjiang, the actual surplus exceeded 1.14 million tons. Considering the new capacity of Huaren, Hualei, China Resources, Gansu Zhongrui, Mengtai and Chuangyuan, it is expected that the operating capacity will increase in January

the prospect of aluminum price in China drawing various curves and printing experimental reports seems unclear. It is expected that more and more output without significant impact in 15 days will increase China's semi-finished product export. However, considering that the United States and Europe impose strict tariff systems on China's semi-finished product imports, it may have an impact on China's exports. Only the strong demand of construction and manufacturing can support the rise of domestic primary aluminum prices

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