In September 2019, China's electrolytic aluminum output was 2,879,300 tons, with an average daily output of 96,000 tons, and annualized output of 3,503,100 tons; an increase of 0.05 million tons from the daily output of 95,500 tons in August. There were still accidents in the electrolytic aluminum enterprises in September, but the new production capacity continued to be invested in the previous period, and Nissan increased. According to the current increase and decrease of production, the output in October 2019 is about 2.99 million tons, and the daily output is about 96,400 tons. The monthly average daily output may increase slightly. In September 2019, the weighted average price of electricity used by China's electrolytic aluminum industry was 0.3102 yuan / kWh, a decrease of 0.0002 yuan / kWh from 0.3104 yuan / kWh last month, a decrease of 0.06% from the previous month and a decrease of 2.4%. In September 2019, the full cost-weighted average of China's electrolytic aluminum industry including tax was 13093.74 yuan / ton, up 105 yuan / ton from 12988.75 yuan / ton last month, up 0.81% from the previous month and down 13.8%. In September 2019, the national average profit margin of China's electrolytic aluminum industry continued to increase. In September 2019, China's alumina production was 5.529 million tons, down 9.47% year-on-year, with an average daily output of 184,300 tons, down 0.02 million tons from August's 184,500 tons. In September 2019, the weighted average cost of full-cost taxation of China's alumina industry was 2,476.60 yuan / ton, down 5.73 yuan / ton from August's 2,482.33 yuan / ton, down 0.23% from the previous month and down 8.76% year-on-year. In September, the price of ore in Henan and the parts of Guangxi declined in the cost of alumina. However, the price of caustic soda in Shandong increased, while the thermal coal did not change much. The overall cost of alumina decreased slightly. In September 2019, the output of China's metallurgical grade alumina was 5.529 million tons. The actual port-to-port calculation (not calculated by customs declaration time) was 187,200 tons, including 2 ships in Qingdao Port, totaling 36,300 tons (partially for non-aluminum). 3 squid ring boats, a total of 87,400 tons; Tianjin Port 1 ship, a total of 31,500 tons (all for electrolytic aluminum); Panjin Port 1 ship, a total of 20,000 tons; Alashankou 12,000 tons (all for electrolytic aluminum); Calculated by departure time (not calculated by customs declaration time), the export volume in September was about 10,000 tons, while for non-metallurgical grade alumina was about 130,000 tons, China's electrolytic aluminum output was 2,879,300 tons, according to the consumption of tons of aluminum alumina. 1.93 tons of calculations, China's alumina supply surplus of 29,200 tons in September, basically balanced. Baichuan Yingfu expects to maintain its current import volume in October. It is conservatively estimated that the alumina import in October ...
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Each member unit, designated futures deposit deposit bank, designated delivery warehouse: According to the "Shanghai Futures Exchange Announcement on the 2019 Closed Arrangement" (announcement [2018] No. 58), the relevant work arrangements during the National Day are as follows: 1. The market will be closed on the weekend of September 29, 2019 (Sunday). No continuous transactions will be held on the evening of September 30 (Monday). It is closed from October 1 (Tuesday) to October 7 (Monday). On October 8 (Tuesday) 08:55-09:00 all futures and options contracts will be auctioned on a collective basis, and consecutive transactions will be held that night. It will be closed on the weekend of October 12 (Saturday). 2. From the closing of the first trading day on the unilateral city from September 27, 2019 (Friday), the trading margin ratio and the next trading day will be adjusted as follows: The trading margin ratio of the gold futures contract is adjusted to 8%, and the price limit is adjusted to 7%; The trading margin ratio of the silver futures contract is adjusted to 9%, and the price limit is adjusted to 8%; The trading margin ratio of copper, aluminum, zinc, lead and pulp futures contracts was adjusted to 9%, and the price limit was adjusted to 7%; The trading margin ratio of tin, rebar, hot rolled coil, wire and stainless steel futures contracts is adjusted to 10%, and the range of the price limit is adjusted to 8%; The trading margin ratio of natural rubber and petroleum asphalt futures contracts was adjusted to 11%, and the price limit was adjusted to 9%; The trading margin ratio of nickel and fuel oil futures contracts was adjusted to 12%, and the price limit was adjusted to 10%. In the case of the above-mentioned trading margin ratio, the range of the price limit and the current execution of the trading margin ratio, and the difference between the price limit and the fluctuation limit, the ratio is high and the magnitude is large. 3. After the transaction on October 8 (Tuesday), the trading margin ratio of each of the above-mentioned varieties of futures contracts will be restored from the first trading day to the original trading day. There are levels. Other matters concerning trading margin and price limit are implemented in accordance with the Shanghai Futures Exchange Risk Management Measures. Recently, the situation at home and abroad is complicated and changeable, and there are many uncertain factors affecting the operation of the market. All member units are required to do a good job of risk prevention, timely implement relevant contract position limits, multiple adjustments, etc., according to the positions and risks of investors. Appropriately increase the proportion of deposits, strictly manage the deposit and withdrawal of investors, and remind investors to operate cautiously and invest rationally. Please keep the technical system maintenance and network security work during the festival period of each member unit and related d...
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According to the 2019 emergency emission reduction measures, the author believes that environmental protection has not weakened in 2019, and it will affect production in an irregular period in autumn and winter. Environmental protection will have more frequent interventions in production, so the future will be especially needed in September and December. Taking into account the impact of environmental protection on supply, during this period, aluminum prices will increase volatility due to environmental factors, and aluminum prices may have a wave in October.In terms of alumina, alumina prices have basically bottomed out. According to statistics, it is difficult for alumina plants to lose money for a long time. In 2019, there is a small excess of alumina, but if the impact of heavy pollution on production is taken into account, it is likely that excess alumina will shrink or not. This is a positive factor for alumina prices. At the same time, with the revision of the emergency plan for heavy pollution weather this year, the environmental protection requirements for aluminum enterprises are getting higher and higher, and aluminum enterprises, especially alumina enterprises, face some challenges. In terms of electrolytic aluminum, there was a shortage of electrolytic aluminum in the first half of 2019, and the inventory was quickly removed. In the second half of 2019, electrolytic aluminum will still be in short supply, and inventory will continue to decline. The inventory quantity is conservatively estimated to be less than 800,000 tons. From the perspective of the balance of supply and demand throughout the year, electrolytic aluminum is expected to be short of 1 million to 1.25 million tons. In the case of alumina near the bottom, the impact of cost collapse on the price of electrolytic aluminum will become smaller. In the context of supply shortages, electrolytic aluminum plants have a rising demand for profits, supporting the price of electrolytic aluminum to strengthen.
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Anhui Shengxin New Materials Co., Ltd. held the August Lean Management Implementation Summary Meeting On September 4th, Anhui Shengxin New Materials Co., Ltd. held a summary meeting on lean management in August, in recognition of the monthly advanced department of lean management. General Manager Yuan Anzhi, deputy general manager and heads of various departments attended the meeting. The meeting summarized the development of lean management in August, arranged the deployment of key tasks in September, and proposed specific solutions to the problems in the lean management work. The meeting requires all employees to be united, strictly implement various rules and regulations such as production safety, and strengthen the responsibility of work and put an end to the phenomenon of “pushing and smashing”. All members must work together to form a joint effort to promote lean production.
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Global aluminium production fell in June, as the worldwide total of smelted primary aluminium last month came to 5.25 million metric tons according to numbers released by the International Aluminum Institute on Monday. Per the Institute’s numbers, June’s production was down on the month by 180 thousand metric tons on the month and 80 thousand metric tons on the year. The world’s top-producing country was the People’s Republic of China, turning out 2.96 million metric tons last month. China’s total was down on the year from last June’s production of 3.05 million metric tons. Aside from China, Asian producers combined to smelt 360 thousand metric tons of primary aluminium in June, down by 8 thousand metric tons on the year. Producers from the Gulf Cooperation Council (GCC) teamed up to produce 449 thousand metric tons of primary aluminium, a rise on the year from last year’s total of 437 thousand metric tons. Aluminium production was up in the Western Hemisphere, with North American producers increasing production by 11 thousand metric tons on the year to 314 thousand metric tons, while South American producers combined to smelt 95 thousand metric tons of aluminium last month, up on the year by 7 thousand metric tons. Production by African producers fell slightly, dropping from 140 thousand metric tons in June 2018 to 135 thousand metric tons last month.
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