Domestic aluminum production continued to climb in October, hitting a new high in the year

China Nonferrous Metals Industry Association announced that the output of aluminum in October was 1.8115 million tons, a new monthly output, with a daily output of 58.40 million tons, an increase of 0.31% from the previous month's 58.30 million tons, an increase from the same period in 2009. It is 16.35%.

Since entering September, domestic aluminum processed materials have entered the peak season of consumption in the second half of the year. After the 11th National Day holiday, many domestic aluminum companies indicated that orders have improved, and the output of enterprises has increased slightly, especially for aluminum profiles enterprises that have been relatively low-starting before, while aluminum strip companies have been relatively saturated due to orders, and the output growth is relatively limited.

From the perspective of aluminum production in various regions, the growth rate of aluminum production in East China in October was more obvious. After the National Day, the power consumption measures of the peaks in Jiangsu and Zhejiang provinces were further alleviated. Most cities have eliminated power-limiting measures. Aluminum companies resumed production, operating rates increased, and the shortened order delivery period improved the purchasing interest of terminal enterprises.

Although energy conservation and emission reduction in Henan increased in October, electrolytic aluminum plants reduced production on a large scale, but aluminum processing enterprises were less affected. On the one hand, the government's power requirements for the aluminum processing industry are not strict; on the other hand, aluminum plants usually have a certain inventory of aluminum ingots, and there are more electrolytic aluminum producers in the surrounding provinces and cities. Henan aluminum companies do not need to worry about aluminum in the short term. The ingot is not available.

It is reported that most aluminum companies are expected to continue to maintain high output in November, on the one hand consumption is good, on the other hand, aluminum prices in November (0, -16185.00, -100.00%) several big diving, aluminum prices once fell below 16,000 yuan / ton position, which will stimulate the purchase intention of some terminal enterprises.

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