Market news was relatively flat Shanghai aluminum closed sideways strongly

News: 1.
In February 2016, China's aluminum alloy wheel exports amounted to 259 million US dollars, with an export volume of 55,500 tons, down 8.
2% year-on-year and flat
, respectively.
The export unit price is 4.
66 US dollars / kg
.
As of the end of February, China's aluminum alloy wheel exports amounted to 563 million US dollars, with an export volume of 120,600 tons, down 14.
6% and 7.
8% respectively year-on-year; The export unit price is 4.
66 US dollars / kg, and there are 484 export manufacturers, of which the top 40 manufacturers have a total export value of 466 million US dollars, accounting for 82.
8% of the total export value of the product; The total export value of the top 100 manufacturers was 538 million US dollars, accounting for 95.
6%
of the total export value of this product.

2.
Chairman of Rusal: Since 2008, aluminum ore producers outside China have not increased production
.
However, China's production has increased by more than 50% in the past four years alone, and the current surplus of China's aluminum ore has reached 35%, which is mainly affected by the unreasonable stimulus policies such as preferential conditions for loan issuance at that time, environmental protection and employment standards are more favorable, and finally led to China's aluminum mining industry accounting for only 0.
01% of GDP, but emitting 8%
of pollutants.
In the next six months, China should vigorously promote the de-capacity of the aluminum mining industry, and increase industry consolidation efforts, reducing the existing aluminum production enterprises to 3 to 4, allowing large aluminum mining companies to dominate
.

Tomorrow's aluminum price analysis: market news is relatively dull, black series, chemical industry after midday collectively pulled, base metals Shanghai aluminum performance is strong, sideways dominance
.
Tomorrow's aluminum prices are expected to rise or flat, for reference
only.