On November 13, the reporter from authoritative sources was informed that the State Reserve Bureau
(hereinafter referred to as "State Reserve Bureau) has released a letter of invitation to tender, plans to buy 16
million tons of primary aluminum A00 aluminum ingots from the domestic aluminum, organize the remelting
aluminum ingots for bidding (i.e.,invitation to bid procurement, purchasing and storage.
Reporters from the source file on see, the delivery time of the purchasing and storage from November 29 to
December 29, a total number of 16 million tons, place of delivery relates to Henan, Guizhou, Heilongjiang,
Qinghai, Hubei, Guangxi, Sichuan and Jiangxi eight provinces and autonomous regions and each region 1
million tons to 2.3 million tons of inequality.
At present, in aluminum, Henan Shenhuo, Qinghai bridge some domestic strength of aluminum ingots
suppliers are informed of the purchase of these invitations (RFPs). With domestic aluminum smelting factory
insiders said "the amount of purchasing and storage of the determination is 16 million tons, but because it is
the use of competitive bidding, so the price can not be determined."
Among them, in the bid, the supplier in response to the document does not offer, but in the bid to fill in the
"enterprise quotations" and "auction results confirmation alone". Specifically, the supplier can in the upset bid
based on free price quotation, each minimum quote price reductions of 10 yuan price shall be integer
multiples of the minimum price reductions. Bidding rules mentioned, non Shanghai Futures Exchange
registered brand in the transaction price per ton to float downward 150 yuan as the signing of the contract
price.
"This is just the first batch of purchasing and storage quantity, then there are second batch or third batches."
The company said, is expected this round of a total of 400000 tons of storage quantity. However, this
argument has yet to be officially confirmed.Stimulated by the news, yesterday, the domestic spot prices rose
slightly 40 tons of aluminum ingots to 70 yuan.
However, the aluminum industry analysts said the domestic aluminum ingot inventory is still high, storage can
only boost confidence in the market, but prices to pick up little space."The domestic aluminum ingot or in the
inventory of more than one million tons, the amount of 160000 tons and cannot quench, may impact on the
market is not large."According to the data statistics, in November 5th, the domestic primary aluminum
electrolytic aluminum stock was 1056000 tons, while in November 12th, rose to 1058000 tons, up 2000 tons.
It is understood that in Xinjiang and the whole northwest region, because of the recent weather conditions,
transportation is not smooth, related companies in the factory inventory is more serious, because the current
smelting plant has not been substantially reduced,inventory in the plant continued to increase, if the transport
situation has eased slightly, the stock will be large areas of the stock market, is still a pressure on prices."
Analysts believe that in the lower reaches of the consumer does not improve the situation, the price is
difficult to get a substantial increase.
Based on past experience, aluminum goods these purchasing will sell gains.It is understood, the State Reserve
Bureau in the end of 2008 and early 2009 respectively purchasing and storage of aluminum ingots 29 million
tons and 30 million tons, the price at 12350 yuan / ton and 12500 yuan / ton, respectively. And until
November 2010, the State Reserve Bureau was the first time in public auction sales of these reserves of
aluminum ingots, when November 1 and 2, the State Reserve Bureau to public auction sales of 9.6 million
tons of national reserve of aluminum ingots, a total turnover of 95766.931 tons average turnover 15343 priceper ton of yuan. The bid price is much higher than the reserve price during the financial crisis, the State
Bureau of profitable.