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    Aluminum Industry Operation Characteristics and Situation Analysis

  • China Aluminium Network
  • Post Time: 2022/11/25
  • Click Amount: 933
    【Aluminum Road Network】

    China Aluminum Industry Monthly Prosperity Index Report

    April 2022

    China Nonferrous Metals Industry Association

    In April, the prosperity index of China's aluminum smelting industry was 58.8, a drop of 0.9 points from the previous month, and was at the upper part of the "normal" range; the leading composite index was 87.3, an increase of 2.2 points from the previous month. The prosperity index of China's aluminum smelting industry in the past 13 months is shown in Table 1.

    Table 1 Prosperity index of China's aluminum smelting industry in the past 13 months



    1. The prosperity index fell slightly within the normal range

    In April, China's aluminum smelting industry prosperity index dropped 0.9 points to 58.8, still in the upper middle of the "normal" range. The trend of the monthly prosperity index of China's aluminum smelting industry is shown in Figure 1.



    Figure 1 Trend Chart of Prosperity Index of China's Aluminum Smelting Industry

    It can be seen from the prosperity signal lights of China's aluminum smelting industry (see Table 2) that in April, among the 10 indicators that constitute the industrial prosperity index, LME aluminum settlement price, M2, total investment in aluminum smelting, power generation, main business income and aluminum products Six indicators, including the total export volume, are all in the "normal" range; three indicators, including the sales area of ??commercial housing, electrolytic aluminum production, and alumina production, are all in the "cool" range; the total profit indicator is in the "hot" range.

    Table 2 China's aluminum smelting industry boom signal lights





    2. Leading composite index rises slightly

    In April, the leading composite index was 87.3, up 2.2 points from the previous month. The composite index curve of China's aluminum smelting industry is shown in Figure 2. Among the five indicators that make up the leading composite index, after seasonal adjustment, the Source:
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