Metals News
SMM Analysis: Execution of Alumina Production Limit and its Demand & Supply
industry news
17:20PM
Source:SMM

SHANGHAI, Nov.24 (SMM)-From Nov.15th, after production limit was implemented during heating season, alumina plants have practiced the policy. Up to Nov.24th, actual limited capacity is 5.19 million tons per year (including 400,000 tons flexible limited capacity of Jinzhong City, Shanxi Province according to weather), which is only 57% of estimated limited capacity. Thereinto, Henan and Shanxi basically practice as per requirement.

Notes: 1.Unit: Ten Thousand ton per year.

2.Actual limited capacity is calculated until Nov.24th

3.Jinzhou City of Shanxi Province do production limit not as per fixed 400,000 tons per year but as per weather condition. The form calculated with maximum number of Shanxi Province.

What need to mention is production limit of refined aluminium plants is also under estimation. With imported alumina, the demand and supply is in balance. But circulating goods of traders has become surplus in the short term currently, which suppresses price of alumina. Hence only after the third-party inventory is used up, alumina price can get short-term support.


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