You are here: Home / Articles / Articles / The price of aluminum has exceeded RMB 23,220/ton, and aluminum enterprises are under increasing pressure on production and operation!

The price of aluminum has exceeded RMB 23,220/ton, and aluminum enterprises are under increasing pressure on production and operation!

Publish Time: 2021-10-12     Origin: Site

Affected by multiple factors such as limited production and electricity restrictions, the prices of various raw materials in my country rose sharply in August and September. Data released by the National Bureau of Statistics showed that the ppi (industrial producer's ex-factory price index) rose by 9.5% year-on-year in August, and rose by 0.7 month-on-month. %, coal, ferrous metals, non-ferrous metals, chemicals, and chemical fiber combined contributed more than 80% of the year-on-year increase, causing midstream and downstream companies to cry "Can't afford to hurt."

According to the website of the State Bureau of Grain and Material Reserves, in accordance with the deployment of the State Council’s executive meeting on ensuring the supply of bulk commodities and stabilizing prices, in order to alleviate the pressure on the cost of raw materials for enterprises and play a role in regulating the reserve market, the State Bureau of Grain and Materials Four batches of national reserves of copper, aluminum and zinc total 150,000 tons. In the near future, the State Bureau of Grain and Material Reserves will continue to carry out follow-up releases based on market supply and demand and price trends.

At a time when the coal supply is critical, Shanxi, a large coal-producing province, was hit by heavy rainfall, and precipitation in many places broke the historical record in early October. Heavy rainfall has caused flooding and other disasters in many places, and many coal mines have stopped production.

According to the news released by the Emergency Management Department of Shanxi Province on October 10, the recent severe floods in Shanxi have affected 1,757,100 people in 76 counties (cities, districts) in 11 cities in the province, 120,100 people have been relocated and resettled, and 2,849,600 mu of crops have been relocated and resettled. More than 17,000 houses collapsed in the disaster. As of October 8th, Shanxi had ceased production of 60 coal mines, 372 non-coal mines, 14 hazardous chemical enterprises, and 1,035 projects under construction were suspended. Many roads in Shanxi were also interrupted due to landslides. At present, Shanxi Province has initiated Level III emergency response to geological disasters.

According to SMM research, during the National Day holiday, affected by the previous overseas alumina plant accident, the price of alumina in Western Australia soared in November. Two ships were sold on October 1, at US$470/ton and US$473/ton, respectively. The transaction reached US$480/ton on the 7th. The price soared 5.03% from the price on September 30 before the holiday, approaching a new high for the year.

With the exception of the aluminum industry, the curtailment of electricity and production has led to a significant reduction in the production capacity of magnesium, manganese, silicon and other metals, leading to high prices. Among them, the price of electrolytic manganese increased by 142.4% compared with January, the price of magnesium ingot increased by 347.6%, and the price of metal silicon increased by 379%. However, manganese, magnesium and silicon are the main alloying elements of the 3/5/6 series. Therefore, with the implementation of this "limitation of power and production", not only will the price of aluminum ingots continue to rise, but also the aluminum processing fees, especially the 5 series aluminum Magnesium alloys rose more.

Contact Us

WhatsApp:  0086-159 9562 1913
 
Tel:  0086-512-55105768
 
E-mail:   jia@ksxinan.com
 
Add:  Zhoushi Town,Kunshan City,Jiangsu Province,China
  • Zhoushi Town,Kunshan City,Jiangsu Province,China
  • E-mail us:
    jia@ksxinan.com
  • Call us on:
    0086-512-55105768
  • Company that professionally design and produce Aluminum Seamless Tube and Aluminum alloy forged products.
  • Quick Links
  • Applications
    Ship

    Various forgings for ships such as piston, crankshaft, rudder stock, cylinder head, universal joint pin, gear, transmission shaft and connecting rod.

    Automobiles & Motorcycles

    For Auto, Motorcycle Parts & Accessories;for the manufacture of subway and train body structures, doors and windows and shelves, car body, wheels, air conditioners and so on.

    Aviation Aerospace

    Forgings for landing gear and its supporting beam, frame of cabin doors, wings and frames etc.We have the ability to manufacture more than 90% of the forgings on an airplane.Engine mount forgings, engine casings, turbine discs, shafts, blades and other forgings. We have the ability to manufacture m

    Machining

    For precision parts processing, aerospace, semiconductors, communications, automotive inspection equipment and other fields of mechanical parts manufacturing

  • NewsLetter
    Get latest updates and offers.

Contact us