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SMM Analysis: Execution of Alumina Production Limit and its Demand & Supply
Nov 24,2017 17:20CST
industry news
Source:SMM
From Nov.15th, after production limit was implemented during heating season, alumina plants have practiced the policy.

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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