According to statistics, China's alumina production in November this year was 5.63 million tons, down 2.2% compared with October and 4.3% higher than that of the same period last year. The total output from January to November was 61.1 million tons, up 13.2% compared with the same period last year. The aluminum profile market was not as hot as expected.
Affected by the policy of limiting production in heating season, the output of alumina was further reduced. After several months of high tide, it finally declined in November. Look at the statistical data: in November, Shandong's alumina output was 1.88 million tons, down 2.1% from October, Shanxi's in November was 1.61 million tons, a decrease of 2.3% compared with October, and that of Henan in November was 830000 tons, compared with 10 The price of aluminum profile dropped by 10.6% in January, and the price of aluminum profile gradually fell after several months of soaring.
Since the beginning of November, due to the influence of policies and other aspects, many alumina production enterprises have reduced production. Although the price of aluminum profile has dropped, alumina enterprises are still profitable. For example, Guangxi Province, which is not within the scope of heating season production limit, increased alumina production by 70000 tons in November, an increase of 4.5% compared with October, and that of Guizhou Province also reached 39000 tons, an increase of 2.4% compared with October.
The real estate industry and automobile industry are the two main downstream demanders. The real estate industry is also affected by the environmental protection policies, and the operating rate is not high. At present, the demand for aluminum profiles in the automotive industry has not reached the scale. Although the alumina output has decreased, the price of aluminum profile market has not been raised due to this, and the inventory needs to be further digested in the future.
According to the market forecast, many electrolytic aluminum production enterprises will continue to decline in the price of alumina. Therefore, they increase the purchase amount and increase the inventory of alumina. Finally, the market demand decreases, and the price of aluminum profile is lower than expected. According to relevant data, the quantity of alumina in November reached 240000 tons, an increase of 43.6% compared with October.
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