<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久热在线精品视频| 97一区二区国产好的精华液| 另类专区一区二区三区| 资源在线观看视频一区二区| 久久国产精品老女人| 欧美亚洲另类 丝袜综合网| 国产亚洲情侣一区二区无| 国产一区二区三区黄色片| 亚洲一码二码三码精华液| 日韩精品一区二区三区日韩| 欧美日韩v| 思思久99久女女精品| 日韩深夜免费在线观看| 日本少妇被黑人猛cao| 少妇粗大进出白浆嘿嘿视频 | 亚洲护士一区二区三区| 天堂mv在线mv免费mv香蕉| 久久综合国产精品一区二区| 成人网站国产在线视频内射视频| 在线看av一区二区三区| 日韩亚洲精品中文字幕| 国产三区二区| 人妻少妇无码精品专区| 天干夜天干天天天爽视频| 九九热精品在线视频免费| 中文字幕一区二区三区乱码不卡 | 亚洲av色香蕉一区二区三区精品| 亚洲黄色性视频| 欧洲精品久久久AV无码电影| 91精品人妻一区二区| 午夜不卡欧美AAAAAA在线观看| 人妻少妇精品视频三区二区一区| 国产精品午夜福利精品| 人妻少妇太爽了嫩草影院| 性欧美VIDEOFREE高清大喷水| 亚国产亚洲亚洲精品视频| 奇米四色7777中文字幕| 国产性猛交xxxx乱大交| 区一区二区三区中文字幕| 日韩精品a片一区二区三区妖精| 国产高清一区二区三区视频|