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Everbright: The price of alumina may reach an inflection point, and the bottom of the electrolytic aluminum economy is lifting. It is recommended to pay attention to CHINAHONGQIAO (01378) and others.
Everbright believes that alumina prices do not necessarily move in sync with aluminum prices.
[Brokerage Focus] China Securities Co.,Ltd.: The price of alumina continues to decline while aluminum prices rise, leading to a rapid recovery in sector profits.
Jingwu Financial News | China Securities Co.,Ltd. stated that with costs falling and aluminum prices rising, the Aluminum Sector's profits are quickly recovering. This week, the spot price of alumina on the raw materials side continued to sharply decline, with the factory price now at a Low Stock Price of 4,850 yuan/ton, down nearly 1,000 yuan from the monthly high of 5,800 yuan/ton. The trend of alumina has passed, and it is expected to gradually return to a price center of 3,600 yuan/ton. At that time, the cost for electrolytic aluminum still has about 2,000 yuan/ton of recovery space. After briefly experiencing the drag of falling alumina prices, aluminum prices strongly reversed under the context of significant inventory reduction, quickly standing above the 20,000 yuan mark.
Hong Kong stocks fluctuating | Aluminum stocks are among the top gainers. The demand for the "new three items" still provides strong support for aluminum prices. Pay attention to changes in the Industry Chain cost side within the year.
Aluminum stocks are leading in gains. As of the time of writing, CHINAHONGQIAO (01378) is up 4.38%, priced at 11.92 HKD; Aluminum Corporation Of China (02600) is up 4.33%, priced at 4.82 HKD.
Aluminum Corporation Of China (601600.SH): Currently, the company's alumina production capacity is maintained at an open-and-ready state.
On January 14, Gelonghui reported that Aluminum Corporation Of China (601600.SH) stated on the interactive platform that, based on market supply and demand, it is expected that alumina prices may return to a normal Range. Aside from necessary equipment maintenance, the company's alumina production capacity is currently operating at full capacity.
Aluminum Corporation Of China (601600.SH): Currently, the company does not have aluminum deep processing products and does not supply directly to aviation enterprises.
On January 14, Gelonghui reported that Aluminum Corporation Of China (601600.SH) stated on the interactive platform that the company provides a large amount of high-quality electrolytic aluminum and alloy materials for the Transportation, construction, packaging, Electrical Utilities, and Machinery industries. However, the company currently does not have deep-processing aluminum products and does not directly supply to Aviation enterprises.
Aluminum Corporation Of China (601600.SH): It is expected that the Guangxi Huasheng Phase II 2 million tons alumina project will be put into production in the first half of this year.
On January 14th, Gelonghui reported that the Aluminum Corporation Of China (601600.SH) stated on the interactive platform that it is expected that the Guangxi Huasheng Phase II 2 million-ton alumina project will start production in the first half of this year.
102884128 : getting disappointed with this counter. every day drop.