Increased demand in Yunnan region is good for prebaked anode consumption
This week (2024.3.8-2024.3.14), China's prebaked anode market prices continued to remain stable. Raw material prices have remained strong this week, cost pressure has not diminished, and corporate profits are under pressure. In terms of production, most companies have a good operating load, sufficient orders, and mainly execute orders. The overall production capacity of the downstream electrolytic aluminum industry is relatively stable. Some electrolytic aluminum companies are due to Production has begun to be reduced due to technical transformation, which has no actual impact on the demand for prebaked anodes. Recently, some aluminum plants in Yunnan have increased their demand for prebaked anodes, mainly due to small inventories and mainly replenishment. Some aluminum plants are stocking up for subsequent production, which is good for prebaked anodes. Anode consumption.
Baichuan Yingfu expects China's prebaked anode transaction prices to remain stable next week. Recently, the price of raw materials has been well supported, and the price of prebaked anodes has shown an upward trend. The supply and demand side of prebaked anodes are good, with no obvious fluctuations for the time being. The downstream electrolytic aluminum is expected to resume large-scale production in Yunnan Province in the second quarter, and the resumption progress will be stay tuned.