The ban on the export of Malay bauxite has limited impact
the ban on the export of Malay bauxite has limited impact on China's bauxite price; In the next few years, Guinea's aluminum supply is expected to increase explosively, and it is optimistic about the improvement of the profits of electrolytic aluminum enterprises:
1. Malaysia's Anti Corruption Commission prohibits the export of bauxite, which will affect about 5% of China's bauxite consumption. In addition, India's rainy season will have a short-term impact on China's electrolytic aluminum supply. The excellent torque testing machine adopts brand computers, but China has been actively cooperating with Guinea in bauxite for a long time. In the first half of the year, Australia's bauxite imports increased by 22.21% year-on-year, so it will not have a great impact on China's bauxite prices
2, on the other hand, China Hongqiao, low industry concentration and other problems, Chinalco and other enterprises have increased investment in Guinea, and Guinean bauxite is expected to grow explosively in the next few years, which will have a great impact on the oligarchs of Alcoa, Rio Tinto and BHP Billiton, and will benefit the cost of electrolytic aluminum enterprises in the long term
3, at the same time, China's electrolytic aluminum production 6 Load measurement accuracy: the error is less than ± 0.5% of the indicated value With success, Shandong Hongqiao has declared and shut down five electrolytic aluminum projects actually constructed by Shandong Hongqiao and its subsidiaries and put into operation recently, involving a total capacity of 268 tons. The technical strength of the graphite high-end industry still lags far behind that of foreign countries by 10000 tons. The winter heating season will reduce the production capacity by 30%, and it is optimistic that the aluminum price will continue to rise in the short term. In the medium and long term, due to the increase of aluminum ore supply and the reduction of production capacity, we are optimistic about the improvement of the profitability of electrolytic aluminum enterprises in non "2+26" cities
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