According to a report released by the National Bureau of Statistics, China's original aluminum (electrolytic aluminum) production in March was 3.3 million tons, up from 3.276 million tons in March 2021, up 1.8 percent from the same period last year and hitting the highest level since May last year, supported by output recovery and lucrative profits. However, the epidemic broke out in many places in China in March, which affected the aluminum-water conversion of some aluminum plants. According to the calculation, the average daily output of primary aluminum in March was 106452 tons, slightly lower than the average daily output of 107288 tons from January to February. In April, Yunnan, Guangxi and other places have resumed production and new production capacity, SMM expects that the domestic supply side still has room for growth.
China is the world's largest producer of primary aluminum. Although some provinces and regions, such as Yunnan, resumed production after power outages last year, China's recent COVID-19 outbreak and blockade measures have hurt demand.
"most downstream small manufacturing commercial vehicles transport aluminum, but car transportation in eastern China has been disrupted by anti-epidemic measures," said an analyst at a consulting firm. "