Core Viewpoint - The aluminum industry is exploring high-quality development through the integration of futures and spot markets, addressing challenges such as market price fluctuations and rising costs while seizing strategic opportunities for transformation and upgrading [1][2][3]. Industry Overview - The global aluminum industry is facing structural adjustments in the supply chain, with challenges including price volatility and increased costs due to geopolitical tensions and a shift towards "safety and controllability" in economic development [2]. - The integration of futures tools with spot production is seen as a key driver for the industry, helping companies manage costs and inventory effectively, thereby stabilizing profits [3][4]. Risk Management - The complexity of risks faced by upstream and downstream enterprises in the aluminum industry is increasing, necessitating a focus on external uncertainties and shocks [2][4]. - There is a need for enhanced collaboration between futures companies and the aluminum industry to improve risk management capabilities, including the establishment of training alliances and digital service platforms [4][9]. Market Dynamics - The domestic electrolytic aluminum industry is currently in a high prosperity cycle, with profits leading among non-ferrous metals, supported by structural reforms and resilient demand from new economies [5][6]. - The supply side is nearing capacity limits, while demand from traditional sectors and emerging industries is expected to maintain a growth rate of around 2% annually [6][8]. Futures Market Development - The establishment of a complete risk hedging system in the domestic futures market, covering alumina, electrolytic aluminum, and casting aluminum alloys, is crucial for the high-quality development of the aluminum industry [8]. - The participation of enterprises in futures trading in Henan province has seen a growth rate of 23% over the past three years, with significant risk mitigation achieved through futures tools [8][9]. Strategic Recommendations - Companies are encouraged to adopt a proactive risk management approach, utilizing futures for hedging and opportunity capture rather than relying solely on directional bets [7][9]. - The development of a tiered risk control system is recommended, focusing on traditional futures integration, expanding the use of options, and fostering collaboration with futures companies for data sharing and operational efficiency [9].

"产业企业可以与风险管理公司等期货市场专业机构合作，除了传统的套期保值和基差贸易模式外，也 可以尝试学习使用期权工具，更加灵活地实现风险管理。"浙商期货研究中心有色金属高级分析师蒋欣 彬表示，大型企业可以考虑通过风险管理公司的服务，运用定制化场外期权，更好实现企业个性化目 标。 "在当前背景下，高质量发展已成为整个行业破局前行的必由之路。探寻高质量发展这条道路，离不开 一个关键的驱动力——期现融合。"陈邦华表示，将期货工具与现货生产经营深度融合，能够帮助铝企 在风云变幻的市场中更好地锁定成本、管理库存，从而规避价格风险、稳定经营利润。这不仅是企业稳 健经营的"压舱石"，更是整个产业链提升韧性、实现协同发展的"助推器"。 "过去，铝期货和现货已经形成了良好的互动关系，铝企业深度参与沪铝期货，提升了市场有效性，促 进了价格发现、风险管理和资源配置等功能发挥，扩大了沪铝期货价格的国际影响力。"魏宏杰表示， 展望未来，面对新情况、新问题、新形势，期货工具如何更好地赋能产业高质量发展，增强铝产业链供 应链韧性，成为新课题。"期货市场要成为铝产业链的风险管理枢纽与绿色低碳转型的金融服务引擎， 这对金融衍生品创新发展既是很 ...

张传合在演讲中指出，2024年以来，面对经济增长放缓、传统消费遇冷、资源供应紧张等复杂局面，我 国铝行业展现出强大的发展韧性和活力，积极"破'卷'寻机"，整体表现可圈可点。他指出，铝土矿对外 依存度大幅提升至68%，氧化铝行业盈利水平创下历史新高；电解铝产量超预期增长，距国家设定的 4500万吨产能"天花板"仅一步之遥；与此同时，绿色转型步伐加快，电解铝绿电消费比例已达25.2%， 并即将被纳入全国统一碳市场。 期货日报网讯10月14日，由中国国际期货股份有限公司主办的"2025中原铝产业链创新发展——铸造铝 合金期货期权赋能铝产业高质量发展交流会"在郑州成功举办。河南省有色金属行业协会总工程师、铝 加工协会秘书长张传合高级工程师出席并作主题演讲，深入分析了我国铝工业发展现状，以及当前我国 铝产业面临的机遇与挑战，并强调了期货期权工具在助力产业稳健经营与转型升级中的重要作用。 展望未来，张传合认为，尽管面临铝土矿资源保供压力、铝消费趋近峰值、国际贸易壁垒增多等挑战， 但我国铝产业依然拥有广阔的发展空间。"新能源汽车、光伏、储能等'新三样'，以及铝合金挂车、铝 制家具等新兴领域，仍在持续拓展铝的应用边界。"他呼 ...

"创新技术就像一套'组合拳'，不仅打中了赤泥治理的痛点，还协同治理了粉煤灰和煤矸石，实现了环 境效益和经济效益的双赢。"潘波告诉记者，近期，这项技术已完成实验室阶段的全面验证，各项性能 指标优异，已具备进行中试放大和产业化示范的条件。与国内外现有的传统技术路线相比，该技术体系 具有产品附加值高、固废协同性强、资源利用率高、环境友好四大突出优势，市场应用前景极为广阔。 目前，研究团队正积极寻求与大型铝业、能源及环保企业合作，共同推动建设中试示范线和产业化生产 基地，力争让这项创新技术早日落地生根，为我国绿色低碳发展和生态文明建设注入强劲科技动力。 （文章来源：科技日报） 为此，科研团队另辟蹊径，历经十年攻关，构建了一条"绿色、高效、高值"的技术体系。团队发明的从 赤泥中温和提取铁元素并精准制备β型羟基氧化铁的专利技术，不仅可将固体废渣"吃干榨尽"，还可将 其"变废为宝"。 "β型羟基氧化铁是高性能锂离子电池负极材料的关键前驱体，市场价值极高。"潘波介绍，尤为关键的 是，从赤泥废渣中提取铁元素后，产生的富铝硅残渣不会成为新的废物。通过团队的专利技术，富铝硅 残渣可与粉煤灰、煤矸石等其他大宗固废协同治理，制备成多级 ...

今年以来，税务部门已为集群内企业定制专属服务手册，上门辅导20余次，解决发票申领、税费申报等 实际问题。上半年累计化解经营发展难题16项，为企业发展注入"稳定剂"，让企业专注生产研发。 红利驱动，推动企业"向新而进" 为鼓励铝工业企业持续加大创新和科技研发投入，促进铝精深加工产业高质量发展，泸溪县税务局精准 推进政策落实，挑选熟悉税收政策、实务能力强的干部，深入链主企业、重点企业开展个性化辅导，对 税费进行政策精准推送，确保税费政策应知尽知，税费政策红利精准落袋，为产业集群创新发展注入资 金活水。 "我们每年在产品研发上投入较大，涉及项目也比较多，曾担心对很多出台的税费政策理解得不够透 彻，好在有税务部门为我们精准梳理、辅导税费政策，及时享受了'税费红利'。目前，各类金属装饰材 料年产量可达150万平方米。"湖南中港铝业科技有限公司负责人刘海洋介绍。 今年，中港铝业公司已享受减免税额约600万元，真金白银的支持，推动集群形成从微细球形铝粉到高 端复合材料的完整产业链，2024年该产业链实现产值14.7亿元，占全县规上工业总产值的24.5%。 近日，湖南泸溪县高性能铝基复合材料产业集群在2025年湖南省中小企业 ...

Core Viewpoint - The upcoming exhibitions in Zhengzhou are expected to showcase both emerging industries and local advantageous industries, contributing to the city's economic vitality and development momentum [1] Industry Summary - The Zhengzhou International Convention and Exhibition Center will host a series of exhibitions in October, including: - The 6th Zhengzhou ACC Animation Exhibition from October 2 to 4 - The 9th Central Plains International Pet Supply Chain Expo and the 25th Zhengzhou Beauty and Cosmetics Industry Expo from October 10 to 12 - The 21st China (Zhengzhou) International Tea Industry Expo and Beverage Exhibition from October 10 to 13 - The 27th China International Software Expo and the 3rd Central Plains Zhengzhou International Aluminum Industry Exhibition from October 15 to 17 - The Central China Printing and Packaging Expo and the Central China Plastics and Rubber Industry Expo from October 17 to 19 - The China (Zhengzhou) Tourism Leisure and Entertainment Industry Expo from October 22 to 24 - The Global Meat Industry Expo from October 28 to 30 [1] Economic Impact - Industry insiders believe that the exhibition economy serves as a resilient link connecting global market resources and opportunities while stimulating local industry innovation and development, positioning it as a new engine for high-quality development in Zhengzhou [1]

Core Insights - The sixth China Aluminum Industry High-Quality Development Conference was held in Hohhot, focusing on "strengthening technological innovation leadership and empowering comprehensive green transformation" [1] - The conference resulted in the signing of seven key projects with a total investment of 8.3 billion yuan, including the production of 600,000 tons of new pre-baked anodes and 100,000 tons of high-end aluminum foil [1] Group 1 - Over 200 industry leaders, experts, and entrepreneurs gathered to discuss the future path of the aluminum industry and to create a new blueprint for high-quality development [1] - The signed projects cover critical areas such as deep processing of aluminum and include a comprehensive logistics industrial park and recycling aluminum smelting [1] Group 2 - Hohhot has abundant coal resources and is transitioning from a traditional "coal-electricity-aluminum" model to a "green electricity-aluminum" model, contributing to the establishment of a "trillion-level green low-carbon aluminum-based new materials industry cluster" [1] - The conference is part of the 13th Inner Mongolia "Talent Prosperity" high-level talent cooperation and exchange event, organized by the China Nonferrous Metals Industry Association [1]

Group 1 - The core viewpoint of the article highlights the successful judicial restructuring of Henan Yulian Energy Group, which has emerged from a debt crisis through a "government-court linkage" mechanism, serving as a model for other enterprises in Henan to mitigate risks and achieve industrial upgrades [1][2] Group 2 - Henan Yulian Energy Group, a leading aluminum enterprise in Henan, faced severe operational difficulties starting in 2018, with a debt-to-asset ratio of 100.55% by the end of 2020, risking delisting and bankruptcy [1] - The restructuring process involved collaboration among the government, courts, management, and the enterprise itself, with the establishment of a creditor communication platform and multiple meetings to ensure the legal progress of the restructuring [1] - The company has a current asset value of 24.9 billion yuan, with an industrial scale that includes an annual production capacity of 690,000 tons of aluminum deep processing, 750,000 tons of electrolytic aluminum, and 900,000 kilowatts of electricity [2] - Post-restructuring, the company aims for development in "green, intelligent, and digital" directions, achieving significant advancements in product quality and sustainability, with a projected sales revenue of 44.7 billion yuan and over 1.3 billion USD in export earnings by 2024 [2] - From 2021 to 2024, the listed company, Zhongfu Industrial, is expected to achieve a total tax and profit amounting to 8.533 billion yuan [2]

Group 1 - The "Qinghui Cup" Youth Forum organized by Beijing Antai Technology Co., Ltd. emphasizes the importance of academic research and innovative thinking in the context of the non-ferrous metals industry facing green transformation and global supply chain restructuring [1] - The report presented by Antai's youth analyst highlights that nickel resources are crucial for national economic development, with China being the largest nickel consumer but heavily reliant on imports, necessitating the expansion of domestic nickel resource acquisition channels [1] - Recommendations include increasing nickel resource reserves, optimizing overseas resource layouts, enhancing diplomatic and security measures, and improving technological innovation and resource utilization efficiency [1] Group 2 - The report on polysilicon futures indicates that the futures will be launched on December 26, 2024, with delivery starting on April 1, 2025, and estimates the deliverable standard product quantity for 2025 to be between 297,510 tons and 545,880 tons [2] - Considering the conservative attitude of enterprises towards futures trading, the estimated deliverable quantity may decrease to 68,207 tons, representing approximately 4.10% of the national total production [2] Group 3 - The analysis of the Indonesian market for investment in alumina and bauxite highlights the rapid development of the aluminum industry in Indonesia, with rich bauxite reserves and competitive alumina costs [3] - The Indonesian government's improved foreign investment incentives and the presence of Chinese enterprises in the region indicate potential investment opportunities, although challenges such as competition for quality mineral sources and infrastructure deficiencies exist [3] - A comprehensive industrial chain layout, including alumina plants and smelting projects, is necessary for successful investment in Indonesia, rather than merely exporting raw materials [3]