China’s Primary Aluminium Output May Decline in September
“The electric power supply for many aluminium companies hasn’t been stable since last week”, an official of one aluminium company said, “the total aluminium output of Guizhou Province occupies 10% of China’s annual aluminium production volume. However, the aluminium output of Guizhou in September may decline by 10%-20% compared with August.”
The official added that residents’ high demand for electricity caused by the hot weather also put great burden on the electric power supply. This had led to low productivity for many aluminium companies.
China Southern Power Grid Co. warns that since they are affected by the dry weather, electric power shortage could last for a long time.
SMM Brief Review - 2011/9/6 SHFE Aluminum Futures
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