According to the financial data of industrial enterprises released by the National Bureau of Statistics on September 27, from January to August of 2018, the total profit of industrial enterprises above designated size increased by 16.2% year-on-year. Among them, chemical raw materials and chemical products manufacturing increased by 25%.

From January to August, among the industrial enterprises above designated size, state-owned holding enterprises realized a total profit of 1,347.3 billion yuan, a year-on-year increase of 26.7%; collective enterprises realized a total profit of 13.92 billion yuan, an increase of 3.2%; joint-stock enterprises realized a total profit of 3,132.39 billion yuan, an increase of 20.1 %; foreign and Hong Kong, Macao and Taiwanese investment enterprises realized a total profit of 1,090.64 billion yuan, an increase of 7.6%; private enterprises realized a total profit of 1,148.56 billion yuan, an increase of 10%.

From January to August, the mining industry realized a total profit of 388.05 billion yuan, a year-on-year increase of 53.2%; the manufacturing industry realized a total profit of 3738.23 billion yuan, an increase of 13.5%; the power, heat, gas and water production and supply industry realized a total profit of 298.59 billion yuan. Growth of 13.5%.

From January to August, among the 41 major industrial sectors, the total profit of 34 industries increased year-on-year, and 7 industries decreased. The profit of major industries is as follows: total profit of coal mining and washing industry increased by 16.6% year-on-year, oil and natural gas mining industry increased by 4.4 times, agricultural and sideline food processing industry increased by 2.4%, textile industry increased by 1.2%, oil, coal and other fuels added. Industrial growth of 32.4%, chemical raw materials and chemical products manufacturing increased by 25%, non-metallic mineral products industry increased by 46.1%, ferrous metal smelting and rolling processing industry increased by 80.6%, general equipment manufacturing industry increased by 8.3%, special equipment manufacturing industry increased by 23.7 %, electrical machinery and equipment manufacturing grew by 2.2%, computer, communications and other electronic equipment manufacturing grew by 3.2%, power, thermal production and supply increased by 14.6%, non-ferrous metal smelting and rolling processing fell by 13.8%, automotive manufacturing Decreased by 2.1%.

From January to August, the industrial enterprises above designated size achieved a revenue of 68.8 trillion yuan, a year-on-year increase of 9.8%; the main business cost was 58 trillion yuan, an increase of 9.4%; the profit from the main business income was 6.43%, a year-on-year increase. 0.35 percentage points.

At the end of August, the assets of industrial enterprises above designated size totaled 110.9 trillion yuan, a year-on-year increase of 7.5%; the total liabilities were 62.8 trillion yuan, an increase of 6.6%; the total owner’s equity was 48.1 trillion yuan, an increase of 8.6%; the asset-liability ratio was 56.6%. Reduced by 0.5 percentage points year-on-year.

At the end of August, accounts receivable of industrial enterprises above designated size were 14.1 trillion yuan, up 11.6% year-on-year; finished goods inventory was 4,284.06 billion yuan, up 9.8%.

From January to August, the cost per 100 yuan of main business income of industrial enterprises above designated size was 84.39 yuan, a decrease of 0.35 yuan year-on-year; the cost per 100 yuan of main business income was 8.23 yuan, a decrease of 0.02 yuan per year; The main business income realized by the assets was 95.2 yuan, an increase of 2.1 yuan year-on-year; the per capita main business income was 1.28 million yuan, an increase of 145,000 yuan; the finished goods inventory turnover days were 16.9 days, which was flat year-on-year; The period was 46.5 days, an increase of 0.4 days.

In August, industrial enterprises above designated size achieved a total profit of 519.69 billion yuan, a year-on-year increase of 9.2%, and the growth rate slowed by 7 percentage points from July.

First, the price trend

According to the data monitoring of the business community’s big list, this week, the caprolactam market rose slightly. The domestic liquid caprolactam average price was 17060 yuan/ton at the beginning of the week, and the weekend average price was 17100 yuan/ton. The price was raised by 40 yuan/ton, or 0.23%.

Second, the market analysis

This week, the caprolactam market fluctuated and rose. The liquid caprolactam in East China was around 17,100 yuan/ton. The market demand is general. Some manufacturers have reduced production due to equipment failures, and the operating rate has dropped slightly. The downstream purchases are more on-demand. The market spot inventory is tighter and the negotiation atmosphere is better.

Industry chain: It is understood that the terminal spinning shipment is still acceptable, the load capacity of the slicing manufacturers is slightly improved, and the demand for raw materials has increased.

Third, the market outlook

Business community analysts believe that the supply and demand environment of domestic lactam is good, and it is expected that the short-term market will maintain a shock consolidation trend.

According to foreign sources quoted sources, RUSAL is setting up a team of traders in China because of US sanctions affecting sales in Western countries.

Sources pointed out that Rusal will soon set up a trading company for the trading team, which will include a sales manager, an aluminum trader and an alumina trader. The team will be responsible for trading aluminum produced in Russia in China while looking for opportunities to import aluminum and export aluminum products in China.

Beijing September 14 news. Government data released on Friday showed that Chinese aluminum producers’ production in August was 3% lower than the previous month, as high raw material costs have reduced the profit margins of manufacturing companies.

According to data released by the National Bureau of Statistics on Friday, China’s August production of primary aluminum (electrolytic aluminum) was 2.84 million tons.

According to statistics from the Bureau of Statistics, the output of primary aluminum in August was lower than the historical high of 2.93 million tons in July. However, it increased by 7.8% compared with the same period of last year.

Based on the conversion of data, China’s primary aluminum production in August was about 91,600 tons / day, the lowest since May.

In August, Shanghai aluminum futures contract climbed 2.1%, but in the same period in the eastern part of China, the spot price of alumina rose by 10.8%. Smelting companies are under pressure.

Norwegian company’s Alunorte company’s Alunorte smelter production disruption, the US threat to impose sanctions on Rusal, and Alcoa’s alumina plant in Western Australia’s alumina plant strikes, all of which led to this year The culprit in the global alumina market is tight.

The price of alumina in the international market has skyrocketed, causing Chinese alumina producers to take advantage of large-scale exports, which in turn has led to a decline in domestic supply.

Victor You, an analyst at CLSA in Hong Kong, said he had heard about the decline in production by aluminum producers in Henan Province, and he described Henan as a concentrated area of extremely high-cost aluminum smelters.

He said: “This is because many aluminum smelters do not have a complete supporting alumina project. They must purchase raw materials from outside, which will be particularly difficult for them.”

Spot alumina prices in central China are currently the highest since December.

He added: “Aluminium profits have fallen sharply, so I won’t be surprised even if there is a reduction in production.”

The National Bureau of Statistics also showed that China’s primary aluminum production in January-August was 22.21 million tons, an increase of 3.5% over the same period last year.

China’s ten non-ferrous metals production in August was 4.54 million tons, up 5.7% year-on-year, but down 1.8% from July’s 4.62 million tons.

China’s ten non-ferrous metals production in January-August was 35.71 million tons, an increase of 3.8% over the same period last year.