Aluminium Face the Worst Week Because of China’s Increasing Capacity

Reuters report that LME aluminium appears rise trend on Friday and the aluminium is on the nagative situation since May 2016 from Monday. The decline is primarily motivated by growing aluminium capacity in China in spite of the output cut plans and execution.

ETF Securitis’s Nitesh Shah said, “In China, it looks like the actual policy translation is not as strong as initially expectation .” He also said that casting machine were not decreasing as much capacity as primitively expected. The market is concern about the obvious futility of the output cut project in China looking at the increasing output.


LME bid price was at USD 2,081 and offer price was at USD 2,090 on Nov 15.The world’s largest producer of aluminium is expected to reduce milions of tonnes of aluminium output during the winter to fight air pollution which made aluminium prices grow faster in 2017.                                 

Under the treacherous market situation, Xingfa Aluminium still persisted on the road of innovation and produce good-quality aluminium profile, aluminium window profile, aluminium door profile, aluminium curtain wall.

Good aluminium window and aluminium door need to use good aluminium profile. Xingfa Aluminium is top aluminium profile manufacturer in China. To meet the continuously expanding market demand, Xingfa Aluminium had set up its five production bases one after another in Yichun Jiangxi of Eastern China, Chengdu Sichuan of South west China, and Qinyang Henan of Central China to produce aluminium profile. Foshan and Nanhai subsidiaries has implemented zero distance strategy that we insist in producing in local,customer in local, serve in local. Xingfa also utilizes its product quality standard and customer service standard, to become a perfect enterprise in this industry. Any more detail please view