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According to Baichuan statistics, China's domestic new production capacity of alumina is expected to be 6.
1 million tons in 2020, considering the corresponding electrolytic aluminum production capacity, alumina capacity is obviously overcapacity
.
Under cost pressure, electrolytic aluminum enterprises took the initiative to reduce production and stop production to 852,700 tons
.
According to Baichuan statistics, before the holiday, only Chinalco Shanxi's 140,000 tons of electrolytic aluminum production capacity may reduce production and transfer production capacity indicators
.
However, due to the high price of raw materials, electrolytic aluminum enterprises in some high-cost areas have overhauled the electrolyzer in advance or actively reduced production, according to the latest statistics of Baichuan, the current production capacity has been reduced by 852,700 tons
.
In 2020, it is expected that the new electrolytic aluminum production capacity will decrease, and the production will increase by about 700,000 tons
.
In 2020, the new and resumed production capacity will be 2.
205 million tons and 550,000 tons respectively, and the resumption process is mainly concentrated in the second half of the year
.
Considering the impact of factors such as aluminum prices, capital aspects, construction conditions and potential elimination capacity, it is expected that the increase in electrolytic aluminum production in 2020 will be about
400,000 tons.