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China Aluminum Industry Weekly Report 20201023
2020-10-26 16:39   来源: 阿拉丁(ALD)
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Market Review 3
Bauxite: The Supply of Domestic Bauxite Rebounds and The Degree Of Dependence on Imports Declines 3

Domestic Bauxite Prices Remain Stable and Imported Ore is expected to Rise 3
The Operating Rate of Alumina Enterprises in Shanxi and Henan Rebounded 4
Rio Tinto's Bauxite Output Steadily Increases Slightly in The Third Quarter 4
Alcoa Bauxite Shipments in The Third Quarter Remain at Historical Highs 5
Outlook Forecast 5
Alumina: The Downward Trend in the Turbulent Pattern is Becoming Increasingly Obvious 5
Aluminum Hydroxide: New Orders Have Fallen 7
Market Review 7
Outlook Forecast 7
Aluminum: The Price of Aluminum Continues to Fluctuate at A High Level 8
Market Review 8
Overall Macroeconomic Data is Improving 8
Limited Inventory Expectations in The Fourth Quarter 8
Marginal Supply and Demand Seasonally Weaken 9
Lack Of Inducements For Structural Adjustment 9
Aluminum Bar: Processing Fees Are Converging, Pushing Benchmark Prices Back 10
Market Review 10
The Benchmark Price Is Running at A High Level And The Pressure Of 15,000 Is Highlighted 10
Aluminum Bar Processing Fees are Converging 11
The Dominant Social Inventory of Aluminum Bars Fell Slightly 11
Key Prices 11
Aladdiny (ALD) Statistics 12

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