SMM7, 12 March: according to SMM research and statistics, the operating rate of China's aluminum foil industry in June 2019 was 87.83%, down 0.85% from May and 2% from the same period last year.
From the point of view of the subdivision products, the output of double zero foil increased steadily in June compared with May, but the order quantity of double zero foil in June and July was weak; in the aspect of single zero foil, the output of household foil and container foil remained stable compared with May, but the off-season has arrived, the domestic and foreign trade orders of related products have declined obviously, which is expected to affect the output in July. In terms of air conditioning foil, production in June was lower than in May. Air conditioning foil manufacturers said that the order volume in July decreased by nearly 20%, and the number of days of production scheduling was shorter than that in the peak season from April to May. The production schedule of the main terminal air conditioning enterprises fell from the same period last year and month to month. It is expected that the off-season of air conditioning foil this year will last until September, which will significantly affect the start-up rate of relevant enterprises from July to August. The inventory of raw materials and finished products of aluminum foil enterprises changed little in June compared with the previous month.
In July, the arrival of high temperature weather has limited the production of some terminal industries such as food enterprises, upward transmission will inevitably suppress the number of orders received by related aluminum foil manufacturers. In summary, with the official arrival of the off-season, the aluminum foil industry is expected to start the rate of further decline in July.