The August aluminum strip market is not bad in the off-season. It is hard to predict the peak season in September.
2018-09-25
Recently, SIGMA ALUMINUM completed a survey of the start-up rate of domestic aluminum sheet and foil enterprises in August. In August, the start-up rate of aluminum sheet and foil enterprises was 67.95%, and the ring ratio was significantly improved. From the enterprise scale, the large-scale aluminum sheet, strip and foil enterprises in August start-up rate of 72.96%, has made a major contribution to the off-season market; the medium-sized enterprises start-up rate of 47.29%, ring-on-ring decline; small enterprises start-up rate of 22.93%, the same ring-on-year decline. According to the types of enterprises, the starting rate of aluminum sheet and strip enterprises rose to 64.68% and that of aluminum foil enterprises dropped to 85.51%.
SIGMA ALUMINUM believes that the main reason for the low season in August is the pursuit of high turnover in real estate, especially in non-residential construction areas. The demand is good, mainly concentrated in aluminum veneer curtain wall coil and other products. At the same time, the demand for metal packaging industry, double zero aluminum foil blanks is good. In addition, the overall export of August is still high, and in August China\'s unwrought rolled aluminum. And 517 thousand tons of aluminum exports, of which the plate and foil products contribute more than 70% of the export volume. Relatively poor performance is the air-conditioning foil products, in August the major air-conditioning foil production enterprises orders fell sharply, such as Zhenjiang Dingsheng in August air-conditioning foil production dropped nearly 8000 tons, while Shandong innovative air-conditioning foil blank orders fell more than 50%.
It is understood that the low season in August led to the difficult season of September. On the other hand, September began to be the peak demand season for real estate, automobile and other industries, but this year is August off-season is not weak, the real estate sector is subject to capital constraints. There is no obvious increase in demand for aluminum materials, so the whole September is hard to get up in the busy season. In terms of sub-products, orders for automotive aluminum, metal packaging, 3C materials, double zero foil, household foil and other products performed better, while the remaining calendered products showed cold, while export orders declined.