Views:0 Author:Site Editor Publish Time: 2021-11-15 Origin:Site
From January to September this year, China's alumina output was 58.84 million tons, a year-on-year increase of 7.6% and an average increase of 3.2% in two years. The output of electrolytic aluminum was 29.15 million tons, with a year-on-year increase of 7.2% and an average increase of 4.5% in the two years; Aluminum production was 44.78 million tons, a year-on-year increase of 10.7% and an average increase of 9.0% in the two years. Meanwhile, China's import and export trade of aluminum products was relatively normal. In the first three quarters, China's bauxite import volume was 81.53 million tons, a year-on-year decrease of 7.2%; The export of unwrought aluminum and aluminum products was 4.07 million tons, a year-on-year increase of 14.3%, an increase of 3.6 percentage points over the first half of the year.
At present, aluminum prices in domestic and foreign markets are in a "high shock" state. At the end of September this year, the closing prices of three-month aluminum on the London Metal Exchange and Shanghai Futures Exchange were US $2859 / ton and RMB 22495 / ton respectively, up 44.4% and 47.4% respectively over the closing prices at the end of last year. Zhao Wuzhuang, deputy director of the Policy Research Office of China Nonferrous Metals Industry Association, believes that there are three main factors leading to the rise of aluminum prices in domestic and foreign markets: first, the global loose monetary policy promotes the rise of commodity prices, including aluminum; Second, the rising prices of oil, natural gas and other energy sources and the shortage of power supply have led to the rise of aluminum production costs and boosted the rise of aluminum prices; Third, the progress of epidemic prevention and control in various regions of the world is different, and the market supply and demand is misplaced, driving the rise of aluminum prices.
Under the guidance of the national policy of ensuring supply and stabilizing price, by the end of October, the spot aluminum price in the domestic market had stabilized at about 20000 yuan / ton, down from the average price in the third quarter. On November 18, the price of aluminum was 18475 yuan / ton. Zhao Wuzhuang said that in the long-term production and operation practice, China's aluminum industry has gradually learned about the cycle of the commodity market. Although the law of the commodity cycle cannot be changed, it can affect the cycle fluctuation range through different control means, avoid irrational sharp ups and downs, and begin to grasp the pro cycle, counter cycle and cross cycle adjustment means with the word "stability". In order to lay a good foundation for follow-up work, it is necessary to track and monitor the forward periodic adjustment. Counter cyclical regulation should be decisive, grasp the key of the problem and take decisive action. Cross cycle adjustment should have a strategic perspective, emphasize strategic layout, and ensure the steady operation of economy, industry and enterprises.