[Ferro-Alloys.com] On Thursday, China Nonferrous Metals Industry Association held joint conference in Kunming, we learned that there were 14 high-level personnel  enterprises at least, while these 14 companies electrolytic aluminum production capacity accounted for about 80% of China production. Including China Aluminum Industry, the State Power Investment, East Hope, Wei bridges and so on, which to participate in aluminum, negotiating joint production and purchasing and storage issues. The meeting theme focus on four aspects: Firstly, the supply side of the reform spirit of learning; secondly, it is the study of how the aluminum industry supply-side reform; Thirdly, we must discuss joint production plan; the last is to discuss purchasing and storage solutions. China Hongqiao reduce primary aluminum production capacity of 250,000 tons with a positive response to an industry conference held in Kunming day in the afternoon.

As the downstream aluminum demand for silicon metal continues to grow in recent years, the total output of the national total of 592.8542 ten ktons of aluminum alloy in 2013, and China consumption of silicon metal was 717,000 tons, of which the consumption of silicon metal aluminum industry 270 000 tons, slightly up 5.1 percent year on year; in 2014 the domestic aluminum production was 6,349,600 tons, in 2014 Chinese silicon metal consumption of 838,000 tons, an increase of 16.88 percent, increasing demand for silicon metal, silicon metal market in 2015 but more difficult to unreasonable prices from the beginning of the year, 553 #without oxygen RMB 12700 / MT- RMB 12 800 /MT fell to the current RMB 9,500 / MT - RMB 9600 / MT, the price decline to RMB 3200 / MT, the average decline in value of RMB 270 / MT per month, Faced with such a pessimistic market price exists excusable manufacturers, factories shut down this week, reluctant to ship low-cost factories in production continued to decline in the current production of several, can be seen in the metallic silicon market earlier this year, "New Year", a the stock market is larger silicon metal buyers not out, the second is demand for light no one can speak.

And from the beginning of the beginning of the domestic spot aluminum prices average price of RMB 13,010 aluminum / ton to December 10 centralized spot transactions RMB 10,400 Shanghai / ton drop of more than RMB 2600, the price dropped so that the upstream and downstream aluminum smelter overall implicated cause loss along intensified.

This week the price is relatively stable, the Yunnan region oxygen barrier 553 # price in RMB 9300 / MT - RMB 9400 /MT, lower than Whampoa of Hong Kong RMB 200 /MT, while the price compared to northern Tianjin port currently basically the same. Yunnan through oxygen 553 # price RMB 9500 / MT - RMB 9600 /MT, 3303 # RMB 10700 /MT - RMB 10 800 /MT, the same price of 421 #; 421 # northern Tianjin port currently price RMB 11,200 / MT - RMB 11 300 /MT, Some manufacturers that maintain old customer transactions majority.

December Yunnan, Sichuan, a large area of ??the factory shutdown cut is a foregone conclusion, so that we can see in December silicon metal production will be reduced, low-priced goods to go now factory will is not strong, the contradictions that preliminary inventories high, and one of the three regions of Xinjiang Learn some areas long the current silicon production and sales of regular customers but the majority, so in the downstream market demand atrophy adequate shelf silicon metal market, the recent rebound in the price of power is still insufficient.

• [Editor:tianyawei]