Nov 06, 2023 Leave a message

Aluminum Foil Operating Rate Decreased

This week, the operating rate of leading aluminum foil companies fell by 0.7 percentage points to 79.0%. With the arrival of the off-season, some aluminum foil companies have insufficient orders, and their operating rates have subsequently been reduced. At present, the recovery of terminal consumption is not expected. In recent weeks, the peak season has turned into the off-season. The operating rate of the aluminum foil industry may continue to decline. However, the downstream customers of large aluminum foil companies are relatively stable. The operating rate of leading aluminum foil companies is expected to stop falling after a slight decline. Stabilize and run smoothly at a relatively low level.

Aluminum foil operating rate decreased

Recycled aluminum alloy
The operating rate of leading recycled aluminum companies this week remained stable at 50.5% compared with last week. Entering November, the market generally reported that transactions were stable compared with the previous month, new orders were average, and downstream purchases mainly maintained rigid needs. Terminal consumption has not yet seen further contraction or improvement, but the demand side is expected to have downward pressure in the future, which will support prices at that time. or continue to weaken. The operating level of secondary aluminum plants is relatively stable during the week, and companies mostly produce according to orders. In October, the industry's operating rate weakened slightly due to the holiday. Although working days increased in November, it was difficult for enterprise output to rebound during the off-season, and the short-term operating rate It is expected to be mainly stable with a slight decrease.

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