1. Electrolytic aluminum price fluctuation In May 2020, domestic aluminum prices continued to rise strongly. In May, the average spot price of Antaike East China aluminum ingots was 13,178 yuan/ton, up 1102 yuan/ton or 9.1% month-on-month; the average spot price of south China aluminum ingots was 13,272 yuan/ton, up 1116 yuan/ton or 9.2% month-on-month; Henan aluminum ingots The average spot price was 13,205 yuan/ton, up 1107 yuan/ton or 9.1% month-on-month. Starting situation According to statistics from Antaike, in May 2020, China's electrolytic aluminum construction capacity was 40.795 million tons/year, an increase of 0.5% from the previous month, and the operating capacity was 36.519 million tons/year, an increase of 0.5% from the previous month. The newly invested electrolytic aluminum production capacity of 120,000 tons per year was mainly contributed to the commissioning of Yunnan Aluminum and Yunnan Shenhuo's new projects. In the month, the electrolytic aluminum production capacity was converted to 40,000 tons/year, and the production of electrolytic cells was repaired in the early stage. Aluminum prices continued to operate at a high level, and high profits stimulated electrolytic aluminum enterprises to actively produce, and there was no news of production cuts in May. A Take estimated that China's electrolytic aluminum output in April was 2.997 million tons, an increase of 0.8% year-on-year, and the average daily output was 99.99 million tons. The operating capacity has only increased but the output of electrolytic aluminum has maintained a slight upward trend. The output of electrolytic aluminum in May is expected to be 3.105 million tons, an increase of 2.1% year-on-year, and the daily output will exceed 100,000 tons. Cost change A Take estimated that the weighted average complete cost of China's electrolytic aluminum industry in May 2020 was 11,944 yuan/ton, down 346 yuan/ton from April. During the procurement and use of this raw material, the price of alumina declined, with an average monthly decline of 210 yuan/ton in the north and 180 yuan/ton in the southwest. Coal prices rebounded in May to raise self-provided electricity prices. Prebaked anode prices continued to fall under pressure. The theoretical profit level of the electrolytic aluminum industry reached 95% that month. The profitability of low-cost companies is considerable. Antaike expects that due to the rebound in alumina prices in June, the cost of electrolytic aluminum will rise accordingly, but aluminum prices are also running at a high level, so the high profits of the industry will continue to be maintained. 2. Alumina price fluctuation In May 2020, domestic alumina prices showed a slight upward trend. Antaike's average spot alumina price in May was 2198 yuan/ton, down 26.5% year-on-year and up 2.7% month-on-month. In May, ATK's national average alumina price was 2,202 yuan/ton, do...
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In 2019, there are 79 newly discovered mineral deposits in the country. The "2019 National Geological Prospecting Results Bulletin" recently released by the Ministry of Natural Resources shows that in 2019, 418 mineral sites across the country have completed phased prospecting. According to the results of the survey, the newly inferred resources of major minerals are: 9.049 billion tons of coal, 210 million tons of iron ore, 1.0558 million tons of copper, 21.587 million tons of manganese ore, 201 million tons of bauxite, 2.77 million tons of lead and zinc, 74,700 tons of molybdenum, 107.07 tons of gold, 1953.1 tons of silver, 108 million tons of phosphate ore Tons, graphite 60.72 million tons [details] Ministry of Ecology and Environment: Ensure that zero import of solid waste will be achieved by the end of 2020 The spokesman of the Ministry of Ecology and Environment Liu Youbin said at the regular press conference of the Ministry of Ecology and Environment on the 2nd that the Ministry of Ecology and Environment will continue to work with relevant departments and regions to firmly grasp the iconic measure of ecological civilization construction, which prohibits the import of foreign garbage, and insists The direction remains unchanged, the intensity is not reduced, and the reform tasks will be solidly promoted to ensure that zero solid waste imports will be basically achieved by the end of 2020, and the objectives and tasks of the reform will be completed [details] Ministry of Natural Resources released a green mine evaluation index Recently, the Ministry of Natural Resources issued the "Green Mine Evaluation Indicators" and "Requirements for the Third-Party Evaluation of Green Mine Selection" to unify the evaluation index standards and standardize the third-party evaluation. The "Green Mine Evaluation Index" clarifies the prerequisites for the selection of green mines: First, the "Business License", "Mining License", and "Safety License" are legal and valid; Second, there has been no administrative punishment and no major safety has occurred in the past 3 years. 1. Environmental protection accident; 3. It is not included in the abnormal list of mining rights exploration and mining information disclosure system; 4. The mine is operating normally, and the remaining reserves can be mined for not less than 3 years; 5. The mining area does not involve various types of nature reserves 【Details】 Guangxi deepens the reform of mineral resources in the past 20 years and promotes the high-quality development of the mining economy "Notice of the Natural Resources Department of Guangxi Zhuang Autonomous Region on Promoting the Reform of Mineral Resources Management" (hereinafter referred to as "Notice") has been issued recently. After the reform, the registration authority for the transfer of mining rights will be implemented at the national, autonomous, and district-level levels of management according to the type of mineral. The di...
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In April 2020, the operating rate of Chinese recycled aluminum alloy producers was 46.75%, an increase of 10.31% from the previous month and a decrease of 8.22% from the same period last year. The operating rate of recycled aluminum alloy producers in Jiangsu is about 52.29%; Zhejiang is about 41.13%; Guangdong is about 60.55%, and Chongqing is about 38.15%. With the orderly resumption of production by downstream companies in April, the market's demand for recycled aluminum alloys has increased and the output of recycled aluminum alloy producers has risen. This is the main reason for the increased operating rate of recycled aluminum alloy producers in April [details] In April, China imported 63,900 tons of unwrought aluminum alloy, a year and year increase of 606.1% China's April bauxite import volume was 9.94 million tons, an increase of 1.65% over the same period last year. Among them, Guinea is China's bauxite supplier, supplying 4.822 million tons of bauxite in April. China's April alumina imports were 218,881 tons, which was more than doubled year-on-year but fell 35.37% month-on-month. China’s April scrap imports were 71,514 tons, down 53.27% from the same period last year and 6.73% from the previous month [details] Ge Honglin talks about expanding aluminum applications: big breakthroughs in five application fields! During the two sessions, Ge Honglin, member of the Standing Committee of the Chinese People's Political Consultative Conference and Secretary of the Party Committee of the China Nonferrous Metals Industry Association, said in an interview that there will be a breakthrough in expanding aluminum applications to focus on five areas. The first is the civil field. The market prospects for aluminum furniture, aluminum lunch boxes, aluminum foil paper pumps, aluminum alloy trays, wine seal packaging, aluminum alloy aerosol cans, and aluminum oil storage tanks are great. The second is the social public sphere. Aluminum alloy bridges and aluminum alloy flood walls are also being recognized. Although the amount is not large, it has obvious social benefits. The third is the electric power field. At present, my country's cable field is still dominated by copper cables. The proportion of aluminum cables is only about 2%. Aluminum wires and cables can be used in medium and low voltage power cables. The fourth is the construction field. At present, the application rate of aluminum alloy formwork in my country has increased from less than 1% to more than 20%, and there is still room for growth. Fifth, emerging products and application fields, aluminum-air batteries, aluminum alloys for seawater desalination, etc. [details] Peak: Increase support for recycling of waste aluminum templates The National Committee of the Chinese People's Political Consultative Conference and the Secretary-General of China Formwork Scaffolding Association Gao Feng said that my country's annual construction formwork usage is more than 800 million square meters, ...
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On the morning of May 8, Anhui Shengxin New Materials Co., Ltd. held a production scheduling meeting in May 2020 to inform the production and operation of April, release the May output value plan and deploy the next stage of production and operation in detail. Chairman Xu Wuqing attended the meeting and delivered a speech, and General Manager Yuan Anzhi chaired the meeting. The company's deputy general manager at home and head of department (workshop) attended the meeting. The meeting emphasized that it is necessary to use iron hand to grasp the quality and iron hand to grasp the process. In the production and processing process, we must bring a good team, attach great importance to the standard operation of each process, completely eradicate the old faults, and improve the yield of the product; in the quality inspection process, we must strictly control the quality of each process and firmly eliminate unqualified products. Into the next process; at the daily morning meeting, we must analyze and study the problems existing in the work of the previous day, propose practical solutions to the problems, and prevent the same problems from recurring in actual work. The meeting required that the tacit understanding between the departments is related to the long-term development of the enterprise. Departments should strengthen the communication and exchange of information to form a joint force for jointly opening up new markets and developing new customers. The person in charge of the department should enhance the sense of responsibility to dare to assume responsibility, face the difficulties, overcome the fear of difficulties, and complete the production and operation tasks on time and quality. The meeting also put forward clear requirements on epidemic prevention and control, work safety and other work.
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From January to March 2020, the production and operation of the non-ferrous metal industry were generally stable, but affected by the new crown epidemic, industry benefits and investment decreased year-on-year, and development confidence was insufficient. First, production is generally stable and prices have stabilized. From January to March, China's output of ten nonferrous metals was 14.17 million tons, an increase of 2.1% year-on-year, of which the output of copper, aluminum, lead, and zinc were 2.29 million tons, 8.84 million tons, 1.19 million tons, and 1.5 million tons, respectively, year-on-year growth 0.4%, 2.7%, -6.4%, 11%. The output of copper and aluminum materials was 3.67 million tons and 10.52 million tons, down 5.9% and 6.3% year-on-year. From January to March, the average spot prices of copper, aluminum, lead, and zinc were 45316 yuan / ton, 13438 yuan / ton, 14504 yuan / ton, and 17142 yuan / ton, down 7%, 0.9%, 16.6%, and 22.6% year-on-year. Since then, prices have stabilized, and the average spot prices of copper, aluminum, lead, and zinc rose by 9.5%, 5.6%, 2.1%, and 7.2% respectively from the end of March. Second, the efficiency has fallen sharply, and the industry's confidence is insufficient. From January to March, the non-ferrous industry realized a profit of 15.5 billion yuan, a year-on-year decrease of 31.5%. Among them, the mining and processing industries achieved profits of 5 billion yuan and 4.9 billion yuan, down 34.4% and 42.4% year-on-year, respectively, and the smelting industry realized profits of 5.6 billion yuan, an increase of 2.2% year-on-year. The Nonferrous Metals Prosperity Index for March, which was calculated by the Nonferrous Metals Association, was 16.6, which was in a relatively cold range. The industry enterprise confidence index in the first quarter was 44.8, which was 4 basis points lower than that in the fourth quarter of 2019 and the lowest point in three years. Thirdly, investment decreased year-on-year, and the decline in aluminum exports narrowed. From January to March, investment in the non-ferrous metal industry decreased by 11.4% year-on-year, of which investment in mining and processing fell by 10.8% year-on-year, and investment in smelting and processing decreased by 11.6% year-on-year. The export of aluminum materials was 1.12 million tons, a year-on-year decrease of 12.2%, which was 8 percentage points narrower than that in January-February. The export of unwrought copper and copper materials was 223,000 tons, an increase of 3.5% year-on-year. From January to March, the production of major aluminum products remained generally stable. The output of electrolytic aluminum was 8.84 million tons, a year-on-year increase of 2.7%, and the output of alumina and aluminum materials was 16.93 million tons and 10.52 million tons, a year-on-year decrease of 7.2% and 6.3%, a decrease of 1%. -February narrowed by 5.8 percentage points and 6.2 percentage points in February. The aluminum industry reali...
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