Aluminum market report May 2013
2013-06-14 15:15:25 【Print】
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Contents
Abstract 1
1 Financial overviews 1
1.1 Domestic financial overview 1
1.1.1 CPI increases by 2.4% year-on-year while PPI decreases by 2.6 year-on-year in March 1
1.1.2 PMI in April increases by 0.2% from March 2
1.2 International financial overview 3
1.2.1 International crude oil price sees fluctuation in May 3
1.2.2 US dollar index strongly rebounds 4
1.2.3 Nonferrous metals industry enters weak cycle 5
2 Company news 6
2.1 International company news 6
2.2 Chinese domestic company news 7
3 Chinese domestic market review 9
3.1 Aluminum ingot market 9
3.1.1 Aluminum ingot price kept rebounding 9
3.1.2 Aluminum ingot supply tight temporarily 9
3.2 Alumina market 10
3.2.1 Chinese alumina price decreases further due to high production 10
3.3 Aluminum alloy 11
3.3.1 Rebounding aluminum ingot price failed to push up aluminum alloy price 11
3.3.2 Chinese secondary aluminum alloy market to cool down 12
3.4 Carbon anode 12
3.4.1 Carbon anode price remains at low level 12
3.4.2 Carbon cathode market stable 13
4 International market review 13
4.1 LME aluminum price rebounded a bit after fluctuation 13
4.2 LME aluminum inventories increased a lot in May 14
4.3 Aluminum alloy export price saw little change in May 14
4.4 Bauxite 15
4.4.1 Recovering Indonesia bauxite export 15
4.4.2 Bauxite import price goes up 15
4.5 Australian alumina price stays low due to soft demand 16
4.6 Aluminum fluoride deals thin in export market 17
5 Related industry development 18
5.1 Petroleum coke price increases slightly 18
5.2 Aluminum fluoride market getting worse 18
5.3 Aluminum hydroxide market stabilizes at low levels 19
5.4 Aluminum scraps market unsatisfying 20
6 Production data 20
6.1 Primary aluminum 20
6.1.1 Chinese primary aluminum production still above 1.7 million tons in May 20
6.1.2 Smelting capacities planned to be halted too limited 21
6.2 Aluminum alloy 22
6.2.1 Operating rate of Chinese secondary aluminum alloy plants up to 57.87% in May 22
6.2.3 Chinese motors sales up by 13. 38% YOY in April 22
6.3 Alumina 23
6.3.1 Chinese alumina production down by 2.15% MOM in May 23
6.3.2 Statistics of alumina stocks in April 25
6.4 Aluminum fluoride 25
6.4.1 Chinese aluminum fluoride output down by 0.19% in May 25
6.4.2 Statistics of aluminum fluoride stocks in April 26
6.5 Carbon anode 27
6.5.1 Chinese commercial carbon anode output up by 0.96% in May MOM 27
6.5.2 Statistics of carbon anode stocks in April 28
7 Import & Export data analysis 29
7.1 Bauxite 29
7.1.1 Chinese bauxite import price and volume increase together in April 29
7.1.2 Chinese bauxite importers in April 30
7.2 Alumina 31
7.2.1 Chinese alumina import up by 60% MOM in April 31
7.2.2 Top8 alumina importers in April 32
7.3 Aluminum alloy 32
7.3.1 Chinese aluminum alloy export down by 5. 6% YOY in April 32
7.3.2 Chinese top ten aluminum alloy exporters in April 2013 33
7.4 Aluminum scrap 34
7.4.1 Chinese aluminum scraps import down by 14.26% YOY in April 34
7.4.2 Chinese top ten aluminum scrap importers in April 2013 35
7.5 Chinese aluminum semi-products exports up by 8.5% YOY in April 36
7.6 Aluminum fluoride 37
7.6.1 Chinese April aluminum fluoride export down by 19.5% MOM 37
7.7 Chinese carbon anode export volume down by 3.3% MOM in April 37
8 Outlook for November 38
8.1 Aluminum ingot price may drop after rebound 38
8.2 Range for alumina price to rebound limited due to high production 39
8.3 Carbon anode price may rebound a bit 39
8.4 Aluminum fluoride price keeps falling 39
Picture& Table Column
Picture 1 China’s CPI and PPI trend in 2011-2013 2
Picture 2 China’s PMI in 2011-2013 3
Picture 3 Major contracts prices of future crude oil in the US in May 4
Picture 4 US dollar index trend 5
Picture 5 Aluminum Ingot price in Chinese market (RMB/t) 9
Picture 6 Chinese origin alumina price movement Jan-May, 2013 (RMB/t) 10
Picture 7 Chinese ADC12 aluminum alloy price movement in Apr 11
Picture 8 Chinese A356 aluminum alloy price movement in Apr 12
Picture 9 LME aluminum cash price chart (USD/t) 14
Picture 10 LME aluminum inventories (tons) 14
Picture 12 Australian origin alumina price movement Jan-May, 2013 (USD/t) 16
Picture 13 Australian origin alumina CIF China price movement Jan-May, 2013 (USD/t) 17
Picture 14 Aluminum fluoride FOB price movement Jan-May (USD/t) 17
Picture 15 Aluminum fluoride export FOB price Jan-Apr (USD/t) 18
Picture 16 Aluminum fluoride price movement in 2013 (RMB/t) 19
Picture 17 Aluminum hydroxide price movement May, 2012-May, 2013 (RMB/t) 20
Picture 18 Chinese motors sales in 2012 and 2013 (Unit: 10,000) 23
Picture 19 China’s alumina production in 2013 (10,000t) 24
Picture 20 Alumina consumption by region in April, 2013 (10,000t) 25
Picture 21 Aluminum fluoride output Jan- May 26
Picture 22 Aluminum fluoride consumption by region in April 27
Picture 23 Chinese carbon anode output Jan-May 28
Picture 24 Carbon anode consumption by region in Apr 28
Picture 27 Chinese alumina import Jan-Apr 2013 (10,000t) 32
Picture 28 Chinese aluminum alloy export in 2012 and 2013 33
Picture 29 Chinese aluminum scraps import in 2012 and 2013 35
Picture 30 Chinese aluminum semi-products exports 36
Picture 31 Chinese aluminum fluoride export Jan-Apr 37
Picture 32 Carbon anode export price in Apr 38
Table 1 Chinese Carbon anode price by region on 31 May 13
Table 2 Output of primary aluminum in Chinese major producing areas in May (Unit: 10,000t) 21
Table 3 Operating rate of Chinese main secondary aluminum alloy plants in May 22
Table 5 Top8 Chinese alumina import companies in April 2013 32
Table 6 Chinese top ten aluminum alloy exporters in Apr, 2013 34
Table 7 Chinese top ten aluminum scrap importers in Apr, 2013 35
Table 8 Main carbon anode exporters in Apr 38
Abstract 1
1 Financial overviews 1
1.1 Domestic financial overview 1
1.1.1 CPI increases by 2.4% year-on-year while PPI decreases by 2.6 year-on-year in March 1
1.1.2 PMI in April increases by 0.2% from March 2
1.2 International financial overview 3
1.2.1 International crude oil price sees fluctuation in May 3
1.2.2 US dollar index strongly rebounds 4
1.2.3 Nonferrous metals industry enters weak cycle 5
2 Company news 6
2.1 International company news 6
2.2 Chinese domestic company news 7
3 Chinese domestic market review 9
3.1 Aluminum ingot market 9
3.1.1 Aluminum ingot price kept rebounding 9
3.1.2 Aluminum ingot supply tight temporarily 9
3.2 Alumina market 10
3.2.1 Chinese alumina price decreases further due to high production 10
3.3 Aluminum alloy 11
3.3.1 Rebounding aluminum ingot price failed to push up aluminum alloy price 11
3.3.2 Chinese secondary aluminum alloy market to cool down 12
3.4 Carbon anode 12
3.4.1 Carbon anode price remains at low level 12
3.4.2 Carbon cathode market stable 13
4 International market review 13
4.1 LME aluminum price rebounded a bit after fluctuation 13
4.2 LME aluminum inventories increased a lot in May 14
4.3 Aluminum alloy export price saw little change in May 14
4.4 Bauxite 15
4.4.1 Recovering Indonesia bauxite export 15
4.4.2 Bauxite import price goes up 15
4.5 Australian alumina price stays low due to soft demand 16
4.6 Aluminum fluoride deals thin in export market 17
5 Related industry development 18
5.1 Petroleum coke price increases slightly 18
5.2 Aluminum fluoride market getting worse 18
5.3 Aluminum hydroxide market stabilizes at low levels 19
5.4 Aluminum scraps market unsatisfying 20
6 Production data 20
6.1 Primary aluminum 20
6.1.1 Chinese primary aluminum production still above 1.7 million tons in May 20
6.1.2 Smelting capacities planned to be halted too limited 21
6.2 Aluminum alloy 22
6.2.1 Operating rate of Chinese secondary aluminum alloy plants up to 57.87% in May 22
6.2.3 Chinese motors sales up by 13. 38% YOY in April 22
6.3 Alumina 23
6.3.1 Chinese alumina production down by 2.15% MOM in May 23
6.3.2 Statistics of alumina stocks in April 25
6.4 Aluminum fluoride 25
6.4.1 Chinese aluminum fluoride output down by 0.19% in May 25
6.4.2 Statistics of aluminum fluoride stocks in April 26
6.5 Carbon anode 27
6.5.1 Chinese commercial carbon anode output up by 0.96% in May MOM 27
6.5.2 Statistics of carbon anode stocks in April 28
7 Import & Export data analysis 29
7.1 Bauxite 29
7.1.1 Chinese bauxite import price and volume increase together in April 29
7.1.2 Chinese bauxite importers in April 30
7.2 Alumina 31
7.2.1 Chinese alumina import up by 60% MOM in April 31
7.2.2 Top8 alumina importers in April 32
7.3 Aluminum alloy 32
7.3.1 Chinese aluminum alloy export down by 5. 6% YOY in April 32
7.3.2 Chinese top ten aluminum alloy exporters in April 2013 33
7.4 Aluminum scrap 34
7.4.1 Chinese aluminum scraps import down by 14.26% YOY in April 34
7.4.2 Chinese top ten aluminum scrap importers in April 2013 35
7.5 Chinese aluminum semi-products exports up by 8.5% YOY in April 36
7.6 Aluminum fluoride 37
7.6.1 Chinese April aluminum fluoride export down by 19.5% MOM 37
7.7 Chinese carbon anode export volume down by 3.3% MOM in April 37
8 Outlook for November 38
8.1 Aluminum ingot price may drop after rebound 38
8.2 Range for alumina price to rebound limited due to high production 39
8.3 Carbon anode price may rebound a bit 39
8.4 Aluminum fluoride price keeps falling 39
Picture& Table Column
Picture 1 China’s CPI and PPI trend in 2011-2013 2
Picture 2 China’s PMI in 2011-2013 3
Picture 3 Major contracts prices of future crude oil in the US in May 4
Picture 4 US dollar index trend 5
Picture 5 Aluminum Ingot price in Chinese market (RMB/t) 9
Picture 6 Chinese origin alumina price movement Jan-May, 2013 (RMB/t) 10
Picture 7 Chinese ADC12 aluminum alloy price movement in Apr 11
Picture 8 Chinese A356 aluminum alloy price movement in Apr 12
Picture 9 LME aluminum cash price chart (USD/t) 14
Picture 10 LME aluminum inventories (tons) 14
Picture 12 Australian origin alumina price movement Jan-May, 2013 (USD/t) 16
Picture 13 Australian origin alumina CIF China price movement Jan-May, 2013 (USD/t) 17
Picture 14 Aluminum fluoride FOB price movement Jan-May (USD/t) 17
Picture 15 Aluminum fluoride export FOB price Jan-Apr (USD/t) 18
Picture 16 Aluminum fluoride price movement in 2013 (RMB/t) 19
Picture 17 Aluminum hydroxide price movement May, 2012-May, 2013 (RMB/t) 20
Picture 18 Chinese motors sales in 2012 and 2013 (Unit: 10,000) 23
Picture 19 China’s alumina production in 2013 (10,000t) 24
Picture 20 Alumina consumption by region in April, 2013 (10,000t) 25
Picture 21 Aluminum fluoride output Jan- May 26
Picture 22 Aluminum fluoride consumption by region in April 27
Picture 23 Chinese carbon anode output Jan-May 28
Picture 24 Carbon anode consumption by region in Apr 28
Picture 27 Chinese alumina import Jan-Apr 2013 (10,000t) 32
Picture 28 Chinese aluminum alloy export in 2012 and 2013 33
Picture 29 Chinese aluminum scraps import in 2012 and 2013 35
Picture 30 Chinese aluminum semi-products exports 36
Picture 31 Chinese aluminum fluoride export Jan-Apr 37
Picture 32 Carbon anode export price in Apr 38
Table 1 Chinese Carbon anode price by region on 31 May 13
Table 2 Output of primary aluminum in Chinese major producing areas in May (Unit: 10,000t) 21
Table 3 Operating rate of Chinese main secondary aluminum alloy plants in May 22
Table 5 Top8 Chinese alumina import companies in April 2013 32
Table 6 Chinese top ten aluminum alloy exporters in Apr, 2013 34
Table 7 Chinese top ten aluminum scrap importers in Apr, 2013 35
Table 8 Main carbon anode exporters in Apr 38
