<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Top Biz News

          Power cuts take sheen off aluminum producers

          By Hou Qingyang (China Daily)
          Updated: 2010-01-21 07:56
          Large Medium Small

          Aluminum prices are on the rise as the government moves to reduce overcapacity in the sector and conserve energy in the midst of several cold spells hitting China this year.

          With a quarter of the nation's aluminum production coming from Henan province, output slowed after December's bout of cold weather created electricity shortages.

          By order of the government, producers were forced to reduce capacity to save electricity desperately needed to heat homes.

          As a result of power rationing, the nation's largest aluminum producer - the Aluminum Corporation of China (Chinalco) - was forced to shut down two production lines at its Henan subsidiary earlier this month.

          While producers would like to capitalize on the rise in prices, they don't have the electricity to do so. "The price of aluminum is attractive but we cann't increase output. In fact, we are on the verge of our power being cut," said a source at Hengkang Aluminum Co Ltd, who requested anonymity.

          Aluminum prices have jumped more than 10 percent since December's record snowfall, with aluminum futures closing at 17,410 yuan ($2,550.06) per ton yesterday on the Shanghai Futures Exchange.

          Producers are not alone in feeling the heat from price increases. Surging prices may drive aluminum fabricators to the futures market to hedge their risks.

          Yuanda International Aluminum Group, the biggest aluminum curtain-wall maker in China, is eyeing aluminum futures.

          Wang Yijun, president of Yuanda, said rising aluminum price have pushed up costs and undermined the company's competitiveness. "We are studying the feasibility of using financial derivatives to hedge risks," he said.

          "Of course cold weather is a factor impacting prices, but there may be market speculation going on as well," said Wang. "It may be a seasonal fluctuation, and we expect prices will likely return to normal."

          Related readings:
          Power cuts take sheen off aluminum producers Chinese vice premier stresses stable energy supply
          Power cuts take sheen off aluminum producers Cold wave causes power rationing
          Power cuts take sheen off aluminum producers China's 2009 aluminum consumption may rise 12%: Minmetals
          Power cuts take sheen off aluminum producers 
          Copper down on tightening fears

          But analysts disagreed, saying speculation will only jack up prices further.

          "Aluminum prices will continue to rise for two or three years with a long period of fluctuation as excessive liquidity and a weaker dollar heat up commodity market investments," said Li Huazheng, an analyst at Shanghai Securities.

          "Aluminum producers should carefully manage their positions according to demand for the raw material, " he said.

          China is the world's biggest aluminum producer, and the government is well aware of the vast amount of energy required for aluminum production. Therefore, officials have ordered producers to reduce overcapacity and conserve energy.

          Just last month, Li Yizhong, minister of industry and information technology, vowed to put aluminum capacity issues at the top of his agenda. The ministry also urged producers to speed up their merger and acquisition efforts to upgrade the industry as a whole.

          主站蜘蛛池模板: 少妇高潮激情一区二区三| 国产成人精品永久免费视频| 中文 在线 日韩 亚洲 欧美| 在线日本看片免费人成视久网| 黄色亚洲一区二区三区四区| 性动态图无遮挡试看30秒| 99在线小视频| 国产精品啪| 欧美在线一区二区三区精品| 亚洲欧美综合在线天堂| 毛茸茸性xxxx毛茸茸毛茸茸| 四虎精品永久在线视频| 久久精品国产一区二区涩涩| 熟女亚洲综合精品伊人久久| 最新精品国偷自产在线美女足| 波多野结衣av无码| 曰韩亚洲av人人夜夜澡人人爽| 99热在线免费观看| 少妇办公室好紧好爽再浪一点| 国产日韩欧美精品一区二区三区| 性男女做视频观看网站| 性色av一区二区三区夜夜嗨| 九九热在线视频只有精品| 久久久亚洲欧洲日产国码农村| 99热久久这里只有精品| 99久久免费精品色老| 青青草国产精品日韩欧美| 国产91精选在线观看| 这里只有精品在线播放| 亚洲阿v天堂网2021| 中文字幕第一页国产| 国产精品国产三级国快看| 亚洲精品人成在线观看| 日本一卡二卡3卡四卡网站精品 | 国产精品亚洲中文字幕| av在线手机播放| 你懂的亚洲一区二区三区| 久久亚洲国产精品一区二区| 成人午夜福利精品一区二区| 国内精品久久人妻无码妲| 国产高清视频一区二区乱|