Service Hotline

138 1208 5255
TEL: +86-510-85065684 85062681
FAX: +86-510-85072332
ADD: Wuxi Binhu District Xinan Road (DongJiang) No.56

INDUSTRY NEWS

Current location: NEWS >> INDUSTRY NEWS

Aluminum market | off-season struck, Guangdong library significantly weakened

Release date: 2017-08-15 16:36:02 Number of visits: 888

Since July, aluminum consumption has gradually weakened, Guangdong aluminum exports fell significantly. Which is particularly evident in the fall of aluminum rods, 1-18 aluminum rods out of the amount of only 51,000 tons, and in May and June aluminum rods were 144,000 tons and 125,000 tons, estimated July aluminum rods Out of the amount of about 93,000 tons, the chain fell 25%. For the whole year, the amount of aluminum rods sold in January to July is estimated at 630,000 tonnes, up 95% year on year.

July Guangdong aluminum sponge monthly delivery volume also fell slightly, but from the historical data trajectory, the current decline is a seasonal seasonal factors. It is estimated that the volume of aluminum ingots in July is 196,000 tons, which is basically the same as that of the same period of last year. It is estimated that the volume of aluminum ingots in January-July is 1.29 million tons, which is basically the same as that of the same period of last year. The total amount of aluminum ingots and aluminum rods in January-July is 1.92 million tons, up 18% over the same period of last year, which shows that the consumption is much better than last year The same period.

From the downstream production situation, this year aluminum plant operating rate was significantly higher than the same period last year. Pre-real estate market hot, construction aluminum demand is very strong, is an important reason for this year''s strong demand for aluminum. Coupled with the rise of aluminum formwork and aluminum furniture, but also to the profile market a little style. However, since June this year, enterprises have generally felt the gradual increase in new orders, and after entering the operating rate began to decline in July, part of the small and medium-sized plant operating rate dropped to 6 percent near the show, compared with a significant decline in March-April. Some companies said the current orders dissatisfied with the production of some commonly used specifications to maintain the operation of aluminum equipment, follow-up orders can not be improved, then will gradually stop. August is still the traditional low consumption of aluminum market, is expected to short-term out of the library in Guangdong is difficult to change too much. Coupled with the consumption of Henan, East China also weakened, sent to Guangdong, aluminum products unabated, and illegal production capacity to short-term difficult to transfer to the spot market, is expected to short-term Guangdong aluminum ingots and aluminum rods inventory is expected to be steady trend, spot The market will still face greater pressure.