The original aluminum excess pressure enlarges
22 December, 2014 at 3:09 am in Business
The original aluminum excess pressure enlarges.The aluminum price still tidies up a minority The domestic and international aluminum stock all maintains Gao Wei, the aluminium powder company stock on hand futures aluminum price maintains a whole year minority more. Up to last weekend(December 21), the this year of metal trading post(LME) in London aluminum stock increases 5.3% to 5,320,000 tons and breaks the record of tallest LME. Stock Gao Qi, the need is overcast, Ba Ke Lai even suggests that the investor dumps aluminum contract, but Morgan Stanley the research then think that the aluminum is in all merchandises prospect most obscure, aluminum the prospect rank placard tail in 21 kinds of merchandises that it tracks. Anticipate according to Ba Ke Lai in addition, at least from now on four quarter degree, the aluminum stock will continue to increase, arrive 2013 will attain 8,670,000 tons of making the record at the end of every year, particularly is China to etc. aluminum to supply big national capital to extend aluminum yield, will push an excess supply to attain since 2009 the tallest level. The aluminum market supply excess in world by all means will bring pressure to aluminum price, and January, this year the whole price compare, LME expects aluminum price the fall is obvious, although have a rebound in the middle of the year, but still don't change whole year minority situation. Seeing from local circumstance, futures trading post(next call
"last period") in Shanghai the aluminum stock maintain in the high of 440,000 tons and compare with the beginning of the year stock level and increase more than 100% currently, but in mid- November, up expected an aluminum stock to once set the level of two tallest in the last yearses of 460,000 tons;Price, the beginning of the year, the Hu aluminum expects price to also continuously oscillate line, the main contract price fall approaches 10%, the price equally maintains a whole year minority. Social stock and speech, the local aluminum stock also maintains currently at 1,000,000 ton above high.China had color metal industrial association representative director to anticipate before now, China presumably owned 1,200,000~1,500,000 tons of aluminum stocks. Is worthy of worrying BE, the local aluminum supplies excess condition not only hard be alleviated, and still be placed in to significantly boost production of in the process, nation statistics data in the bureau suggest, in November our country original the aluminum yield is 1,664,000 tons, together compare increase 20.8%;1~11 month the total amount is original aluminum yield is 17,960,000 tons, together compare to increase 12.1%. One had a color metal's the analyst spherical aluminium powder to say to the reporter of ?first finance and economics newspaper ? , the global aluminum market was placed in the status of supplying the serious excess currently, while China is continuously still placed in a productivity augmentative of stage in, and don't appear any evidence that the yield descends, whether the domestic is still foreign or not, the tired and weak market demands still will implicate and pull low aluminum price. At our country, the productivity extends main concentration in the western region, the western region gives or gets an electric shock price cheap, coal resources abundant make the region's original aluminum productivity extend obviously, extend in western electrolysis aluminum item at the same time, the east electrolysis aluminum the productivity didn't reduce and caused whole productivity excess problem's adding severity more.The statistics suggests that the our country electrolysis aluminum productivity wills attain 28,000,000 tons and has already hoped to break 30,000,000 tons in 2013 in 2012. Under the background that downstream need not prosperous and aluminum stock upsurge, the increment of the aluminum yield undoubtedly enlarged the supply disequalibrium of local aluminum market and caused at the same time futures and spot market aluminum price is overcast, the second half of 2011, local aluminum price namely fall all the way, the downstream local electrolysis aluminum business enterprise loss in business severity, majority of business enterprises are hard to carry Fine aluminium powder out earnings. For this, the country keeps a bureau before now started aluminum accept keep, accept keep of the time of delivery is from November 29 keep on till December 29, the amount totaled 160,000 tons, the place of delivery involved Henan, Guizhou, Heilongjiang, Qing Lake, Hubei, Guangxi and Sichuan and etc.8 province areas in aluminium powder Jiangxi, everyplace area 10,000-23,000 tons not etc., however, with be up to 1,000,000 tons of stocks to compare, accepting of 160,000 tonses' keeping to seem to be still far and far can not change this kind of embarrassed situation. Majority of organization research papers think that at in the impact of western region mentally retarded source cost next, original aluminum market in China will face greater supply excess next year pressure, the aluminum business enterprise of central part and southwestern region will face a rigorous test once again, middle to see, the local aluminum price still will continue to maintain a minority sorting.