Mysteel aluminum profile team on the country’s 150 aluminum profile sample enterprises (sample enterprise annual production capacity accumulated 10.82 million tons) research statistics, February China’s aluminum profile start rate of 41.69%, down from January, down 9.54%, compared with the same period last year rose, up 3.37%.
According to Mysteel pre-research understanding, in February this year, in addition to North China and Shandong part of the aluminum profile production enterprises by the impact of the Winter Olympics held to start and resume work time delayed, the rest of the aluminum profile production enterprises to start and resume work time around 10 days before and after, compared with last year to start and resume work time about 10 days earlier, so the start rate in February this year compared to the same period last year has increased;.
As the spot aluminum ingot price is at the same high level before and after the festival this year, the dealers’ willingness to stock up is reduced, and according to the research of 12099 domestic construction projects started and resumed by 100 years construction network, as of February 24, the site started and resumed after the festival is 69.6%, which is 17.3% lower than last year, among which the real estate project started and resumed at 61.1%, the infrastructure started and resumed at 78.2%, and the infrastructure started and resumed slightly better than the housing project. This shows that the terminal enterprises in February are in recovery, which directly affects the new orders of aluminum profile manufacturers in February, and most of the aluminum profile enterprises said that most of the production orders in the factory are reserved orders before the holidays. The production of aluminum profiles in the factory stopped during the Spring Festival holiday, and the aluminum profile manufacturers were restricted by the downstream demand after the resumption of work in February, resulting in unsaturated production in the factory, and the start-up rate dropped significantly compared with January.
From the perspective of enterprise scale, in February the production K ≥ 100,000 tons of enterprise start rate fell 10.05 percentage points; production 5 ≤ K & lt; 100,000 tons of enterprise start rate fell 9.07 percentage points; production 1 ≤ K & lt; 50,000 tons of enterprise start rate fell 8.2 percentage points; production K < 10,000 tons of start rate fell 9.55 percentage points. Shandong area sample enterprises large aluminum profile production enterprises accounted for a relatively large, according to Mysteel research learned that the place aluminum profile production enterprises held by the Winter Olympic Games, after the opening and resumption of work, enterprise production is still subject to environmental protection supervision and control, resulting in only a small amount of operation of the plant machine, so the start rate is slow to rebound; the rest of the region’s major, small and medium-sized sample aluminum profile production enterprises are in normal production after the opening and resumption of work.
Overall, in February, the aluminum profile market is still limited by the downstream sluggish demand, a small number of new orders from enterprises, the market trading is light; after the festival, aluminum profile production enterprises are almost in the completion of the previous orders, enterprise production is not saturated, and some areas are affected by environmental protection policies, can not quickly resume production, so the scale of aluminum profile enterprises after the festival start rate is slow to rebound.
At present, the funds of real estate projects in 2022 are still tight, the order situation of construction profiles within aluminum profile manufacturers is light, and the funds situation of subsequent housing construction projects is still worthy of attention; in addition, the development of the home improvement industry is also the key to the rebound of construction profile orders. On the contrary, the demand for industrial profiles in the field of automobile, rail transportation and solar photovoltaic are on a rising trend and are expected to continue to develop steadily this year.
Post time: Mar-17-2022