Abnormal export promoted the price of aluminum, and the prospect of import of aluminum material is still optimistic.

Recently, due to a concentrated goods supply and underemployment rate of consumers, the domestic aluminum price has been under great pressure. But from the London metal market performance, the aluminum price is expected to have big hope in the market.

 ¡°Corner event¡± has always been the key word of aluminum price in the international market. The London market has become a premium indicator of ¡°corner event¡±. 100 dollars is a very rare in the history of aluminum price.

a great increase in aluminum material export

The adjustments make the second half of last year, China's export tax rebate for the difference between the aluminum Hulu: and Donald expansion Aluminum enterprises in the local purchase of aluminum, and processing fees added to LME prices, exports Aluminum. Meanwhile,some small-scale private enterprises as solid Aluminum exports of aluminum ingots trying to avoid the tariff provisions. Customs data from 2006, Aluminum exports rose rapidly, exports amounted to 1.18 million tons; aluminum exports has been gradually declining, only 530,000 tons, a year-on-year decrease of 23%.

2007, the price gap between domestic and overseas and the export tax rebate policy remain to exist. China's aluminum production is likely to continue strong growth, but in 2007 the volume of domestic exports of aluminum will be considerable. Data show that in 2006 China's aluminum output of 12.94 million tons, 53.9% increase over the same period last year. It is expected to remain in this state in 2007

People's Bank of China, since March 18, 2007 has increased deposit and lending rates. The current interest rate increase may influence on aluminum price, but because of Aluminum started in full swing in April. The advent of peak consumption market decline limited space.

Aluminum fundamentals are still relatively good, the LME spot premium pickup, and the export situation is good for China Aluminum. There is still space in Aluminum price rising, by the end of March may be a better selling points

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.