Immense Inventory of China Aluminium

Latest reports: HONG KONG, Oct 26 (Reuters) - Commercial stocks of primary aluminium in China have doubled this year after consumption slowed while production stayed strong in the world's top consumer and producer of the metal, sources at smelters, analysts and traders said on Friday. Commercial stocks of primary aluminium ingots at warehouses in the four major industrial cities of Hangzhou, Nanhai, Shanghai and Wuxi reached 996,000 tonnes on Thursday, up about 550,000 tonnes, said Zhang Chenguang, an analyst at Shanghai-based information provider SMM. They could rise further, he added

Demand for Aluminium in the Future

The stocks included metal at Shanghai Futures Exchange warehouses. Aluminium stockpiles at warehouses monitored by the exchange stood at 434,363 tonnes last week, the highest since January 2011 AL-STX-SGH. "Total stocks should be between 1.1 million and 1.2 million tonnes in China," a trade manager at a large smelter said of commercial stocks, including inventories at smelters. "Stocks were built because the growth of local production has been much faster than the consumption rise." Consumption in China has slowed this year as an economic slowdown at home and overseas hit activity, though demand inched up in September after aluminium suppliers received more orders for their product, used in the housing sector. "Demand has not changed much from September. We have seen a slight recovery on demand from the property market," said an executive at an aluminium products maker in the southern province of Guangdong. He said many exporters of semi-finished and finished aluminium products had received fewer orders in the Canton Trade Fair in early October, which could cut their exports by about 30 percent through March 2013, from the same period a year ago. SMM's Zhang expects China's aluminium consumption to grow 7 to 8 percent this year, from more than 12 percent last year.

Features of Industrial Aluminium Profiles

Heat sink is generally made of aluminium, we also call it aluminum heat sink extrusions.Industrial aluminium profile bears features, like super strength, corrosion-resistance and good performance in thermal process. Heat sink is designed to lower the temperature of an electronic device by dissipating heat into the surrounding air, so there are many kinds of heat sink in different appliances. Almost heat sink manufacturers are acceptable to customize aluminum heat sink and aluminium profiles according to customers' requirement. As one of the earliest enterprises engaged in aluminium profile in Mainland China, the Company has become a famous and large-scaled enterprise specialized in production of aluminium profiles for both architecture and industry, with its yearly capacity of 150,000 tons.

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