<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: 99久久精品费精品国产一区二| chinese熟女老女人hd视频| 亚洲av综合a色av中文| 国产成人综合久久亚洲av| 资源在线观看视频一区二区| 思思99热精品在线| 高潮毛片无遮挡高清视频播放| 国内自拍视频一区二区三区| 亚洲区成人综合一区二区| 亚洲一区国色天香| 在线亚洲午夜理论AV大片| 亚洲精中文字幕二区三区| 国产日韩av二区三区| 久久精品日日躁夜夜躁| 成人国产精品中文字幕| 亚洲精品国产自在现线最新 | 国产精品自拍一二三四区| 国精产品999国精产品视频| 人妻少妇久久中文字幕| 在线观看亚洲精品国产| 免费午夜无码片在线观看影院 | 福利一区二区视频在线| 国产乱子精品一区二区在线观看| 国产精品免费视频不卡| 精品人妻系列无码天堂| 色综合久久精品中文字幕| 亚洲电影天堂在线国语对白| 国产午夜成人精品视频app| 国产精品蜜臀av在线一区| 无码中文字幕av免费放| 日韩中文字幕有码午夜美女| 日韩国产成人精品视频| 西欧free性满足hd| 国产99视频精品免费视频36| 日韩精品无码一区二区三区| 亚洲av无码乱码在线观看野外| 亚洲国产精品一区二区三| 美欧日韩一区二区三区视频| 国内丰满少妇一A级毛片视频| 亚洲a免费| 国产精品久久久久久免费软件|