The downstream industry of electrolytic aluminium benefits due to the electricity price reform

Electricity price reform will lead to a decrease in the level of price trend for a long time. From the reform of the international experience, reform will promote overall decrease in the level of the price of electricity. Britain, France, Japan and other guodian after ten years or so, prices have fallen by more than 20%. The country the power to change the grid ‘income differential profit model, introducing the market mechanism, on both sides of hair, sell electricity will be beneficial to decrease the cost of electricity in the whole society, improve the whole industry chain downstream (raw materials, manufacturing) profitability. Advice to focus on the price sensitivity of high energy intensive industries: electrolytic aluminium industry the most benefit, large direct purchase of electricity benefit is obvious. Non-ferrous metal industry, electricity price reform effect was most far-reaching electrolytic aluminum industry, electric power cost accounts for about 40% of the total production costs, electricity price level long-term downward trend will be good for large direct purchase of electricity enterprise. Tons of aluminum profit is sensitive to price cut, indisputably chinalco, suggested that positive regard cloud aluminium co and other aluminium stocks. With tons of aluminum industry consumes an average of 13500 degree calculation, assuming that electricity price cut 0.1 yuan/degree, every tons of aluminum costs will drop about 10%, can make tons of aluminum from loss to profit of about 400 yuan/ton. Considering the company strategic transformation authors state-owned enterprises reform, increase efficiency, bauxite prices, the middle of next year prices rebound, indisputably chinalco, moreover can also focus on yunnan was made to buy in the first pilot enterprise cloud aluminum, etc.

Had a greater influence on the electricity price of basic chemical molecular industry, direct power supply mode is helpful to enhance industry concentration. The chemical industry accounts for some 8% of the whole society power consumption, relatively larger. Electricity price decline will form a positive on the whole industry for a long time, cost reduction at the same time also will to some extent, improve the export competitiveness of domestic products. Electricity price of basic chemical molecular industry influence is bigger, typical varieties mainly include yellow phosphorus and alkali products. Based chemical homogeneity serious competition, in addition, because the future large-scale popularization including direct power supply mode, leading enterprises or preferential tariff will enjoy economies of scale, expand the cost advantage, is expected to accelerate the industry reshuffle, enhance industry concentration.

Cement industry is expected to benefit in the process of electricity price decline in the future. Cement industry power consumption accounts for some 4% of the whole society power consumption, high power consumption characteristics of cement industry is expected to benefit in the process of electricity price decline in the future. Comprehensive consideration of waste heat power generation and contains no waste heat power generation in both cases, tons of cement electricity costs about $43, accounting for about 22% of the cement production cost per ton. Assume that every drop of 0.01 yuan/KWH, electricity waste heat power generation and tons of cement without waste heat power generation cost down 0.6 yuan and 0.9 yuan respectively.