As a leading aluminium profile manufacturer in China, GOLDAPPLE ALUMINUM GROUP has always pay high attention to internaitonal aluminium industry trend.
In 2017, China’s aluminum industry production operation will be high to stabilize the situation, there is little possibility of change radically; in 2018, the aluminum industry is expected to continue to maintain the momentum of stable operation.
The world’s major economies rose steadily, the developed economies led by the United States and Europe to drive the global recovery, including aluminium, growth, demand for commodities prices, while at the same time, with China’s further promotion of the supply-side structural reform, the supply side also made positive progress in structural reforms.
1. Production is basically stable. In the first 9 months of 2017, China’s primary aluminum production 24 million 660 thousand tons, an increase of 5%; alumina production 54 million 860 thousand tons, an increase of 16.6%; aluminum production 46 million 963 thousand tons, an increase of 9.6%, expected annual primary aluminum production 34 million tons, an increase of about 4%.
2. Aluminum ingot prices continue to rise. In the first 9 months of 2017, the average price of aluminum in the domestic market was 14257 Rmb / ton, up 18.1% year-on-year. Among them, the average spot price of aluminum in September was 16289 Rmb/ ton, up 4.1%, an increase of 27.9%.
3., Enterprise benefit has been improved obviously. In the first 8 months, more than 278 the aluminum smelting enterprises realized profits of 20 billion 600 million yuan, an increase of 81.3%; more than 1968 the aluminum processing enterprises realized profits of 38 billion 500 million yuan, an increase of 17.5%; 97 scale bauxite mining enterprises realized profits of 2 billion yuan, an increase of 6.8%.
4. Exports basically stable. Although the international trade environment is very grim, the recent aluminum (16235, -15.00, -0.09%) products and the United States, India and other countries there is trade friction, but China’s aluminum exports remain stable overall. In the first three quarters, China exported 420 thousand tons of non rolled aluminum, an increase of 8.6%; exports of aluminum 3 million 200 thousand tons, an increase of 3.7%. Aluminum net exports of 2 million 910 thousand tons, an increase of 3.7%.
Overall, the first three quarters of this year, China’s aluminum industry to maintain the smooth operation of the overall production, benefit continued to good situation.
