Changes in the global economy and China's economy have a significant impact on the operation of the aluminum market

The supply, demand and price of aluminum are highly correlated with global and Chinese macroeconomic changes. Changes in the global economy and China's economy have a significant impact on the operation of the aluminum market.
In 2007, global alumina production reached approximately 74.53 million tons, an increase of 8.68% compared with the same period last year; consumption reached approximately 74.7 million tons, an increase of 12.50% compared with the same period last year. In 2007, China's new alumina production capacity continued to increase significantly, and the domestic self-sufficiency of alumina further increased.
In recent years, merger and acquisition activities among the world's large aluminum companies have heated up again. Behind the dazzling series of asset operations is actually a major move to restructure the world's aluminum industry. This change in layout is directly related to long-term trends in energy supply and energy prices. At the same time, China's major impact on the world's aluminum market in terms of supply and demand is also one of the main reasons why these international aluminum giants have accelerated their integration and increased industrial concentration to cope with fierce competition in the future.
In recent years, driven by huge market demand and high profits, my country's aluminum industry investment and production capacity have grown rapidly. At the same time, problems such as duplication of construction, overcapacity, and environmental pollution gradually emerged. To achieve sustainable development of the aluminum industry, we must promote structural optimization and improve the development quality of the aluminum industry while alleviating overheating of investment.
It is expected that the domestic aluminum market in 2008 will continue to remain sluggish and maintain a low sideways oscillation pattern under the dual influence of domestic aluminum oversupply and falling international aluminum prices.
The supply, demand and price of aluminum are highly correlated with global and Chinese macroeconomic changes. Changes in the global economy and China's economy have a significant impact on the operation of the aluminum market.
In 2007, global alumina production reached approximately 74.53 million tons, an increase of 8.68% compared with the same period last year; consumption reached approximately 74.7 million tons, an increase of 12.50% compared with the same period last year. In 2007, China's new alumina production capacity continued to increase significantly, and the domestic self-sufficiency of alumina further increased.
In recent years, merger and acquisition activities among the world's large aluminum companies have heated up again. Behind the dazzling series of asset operations is actually a major move to restructure the world's aluminum industry. This change in layout is directly related to long-term trends in energy supply and energy prices. At the same time, China's major impact on the world's aluminum market in terms of supply and demand is also one of the main reasons why these international aluminum giants have accelerated their integration and increased industrial concentration to cope with fierce competition in the future.
In recent years, driven by huge market demand and high profits, my country's aluminum industry investment and production capacity have grown rapidly. At the same time, problems such as duplication of construction, overcapacity, and environmental pollution gradually emerged. To achieve sustainable development of the aluminum industry, we must promote structural optimization and improve the development quality of the aluminum industry while alleviating overheating of investment.
It is expected that the domestic aluminum market in 2008 will continue to remain in a sluggish state and maintain a low sideways oscillation pattern under the dual influence of domestic aluminum oversupply and falling international aluminum prices.