China's alumina industry to develop high-speed expansion of good production capacity

China is the world's largest consumer and producer of aluminum, aluminum is widely used in many areas, especially new energy vehicles and smart appliances and so on. The alumina is the main raw material of aluminum.in recent years with the development of China's economy, the development of alumina industry is also in a sunny, production capacity is high-speed expansion, and gradually out of dependence on overseas situation.

At present, China's alumina market supply pattern is being optimized, the dependence on imports is declining. especially the rapid increase in domestic alumina production capacity is one of the main reasons. China has gradually from the alumina import dependent countries to export countries, and this time for the majority of enterprises and capital, is also a good opportunity.

In the past, due to the development of China's alumina industry is too rapid, leading to the bauxite resources, overcapacity, industry, large areas of loss situation. According to the prospective industry research institute released the "China alumina industry production and demand analysis and investment analysis report" data show that from January to December 2016 China's alumina production reached 60.83 million tons, an increase of 7.94%.

But this growth is obviously slow behind the pace, not as good as in previous years, The reason for the decline in alumina production in 2016 is the following four reasons: First, the fourth quarter of 2015, the scale of domestic alumina production continued to the first quarter of this year, and the release of post-production production takes time; secondly, Environmental impact and environmental inspectors to increase the intensity of some of the alumina production enterprises to cut production or even stop; Moreover, into the intelligent manufacturing era, the alumina industry also need to face equipment upgrading; Finally, the new alumina production slowdown.

According to the above data show that from 2012 to 2016 China's alumina production increased, the annual growth rate of more than 12%, which, 2016 1 ~ 12 months cumulative production of alumina reached 60.83 million tons, an increase of 7.94% Year growth of 11.7 percentage points.

Demand for production capacity continues to increase, and in turn is the sharp drop in imports, the same period in 2016 China's total imports of 302.6 million tons of alumina, down 34.97%.

These data show that China's dependence on the alumina industry is declining, which for the entire industry is undoubtedly a good thing. But at the same time will lead to changes in the pattern of China's alumina industry to accelerate the arrival of corporate reshuffle.

But with the development of China's economy. all walks of life such as electronics, machinery, automotive and other industries rapid leap forward, the market demand for aluminum is also growing, alumina production will continue to grow, the future prospects of the alumina industry is very optimism!