(A) electrolytic aluminum enterprises seeking to change the way electricity
In China's electrolytic aluminum production costs, the high cost of electricity, the proportion of over 40%, resulting in the price of aluminum has become a decisive factor in the competitiveness of enterprises. Currently, electrolytic aluminum enterprises are mainly four kinds of power sources, namely: public supply, captive power plant connected to the public network power supply captive power plant plus LAN, direct purchase of electricity. In addition to the LAN, the other three kinds of methods are subject to the public electricity network impact. In the current high degree of monopoly power, and most companies can only passively accept the proposed power wheeling charges, only a small number of large-scale, have outstanding impact on the local economy, businesses can secure relatively low over the net fees. Therefore, in areas where conditions permit, and some companies intend to try to change the traditional power supply, LAN explore appropriate to carry out in order to reduce electricity costs.
(B) the domestic and international aluminum prices rebounded strongly, but underpowered
2014 third quarter, the Shanghai aluminum prices strong rebound from early July of 13,360 yuan / ton up to early September, 15,040 yuan / ton, the emergence of new high this year, up 2.3 percent. But prices rebounded process, along with part of the energy complex production shut shutdown and overhaul slots restarted under no fundamental improvement in the fundamentals of supply and demand situation, aluminum prices rebounded underpowered, late in the third quarter fell to 13,755 yuan / ton.
(C) aluminum prices rose sharply resources
Third quarter 2014, the average price of domestic alumina spot from early July of 2400 yuan / ton rose to 2800 yuan / ton by the end of September, especially in September, domestic aluminum prices rose rapidly, up nearly 400 yuan / ton . Third quarter, coal prices declined, to some extent eased the cost pressure aluminum electrolytic aluminum enterprises due to rising prices caused.