Aluminum Market Report April 2017

Content
Abstract 5
1 Company news 5
2 Chinese market review 5
2.1 Electrolytic aluminum prices move down before up 5
2.2 Alumina prices slump 6
2.3 Small alumina plants in Shanxi sell actively 6
2.4 Alumina prices from non-aluminum industries higher 7
2.5 Alumina prices decreased greatly in Southwest China 7
2.6 Aluminum hydroxide prices decrease noticeably 7
2.7 Aluminum fluoride price rises narrow 7
2.8 Aluminum alloy ADC12 prices fluctuate slightly 8
3 International market review 8
3.1 LME aluminum prices move down before up 8
3.2 Imported alumina prices dip slowly 9
3.3 Malaysian bauxite prices up 9
3.4 Indian bauxite supply increases 10
3.5 Aluminum fluoride export prices stable 10
3.6 Aluminum alloy ingot ADC12 export prices rise 10
3.7 Aluminum scrap prices down 11
4 Supply and demand analysis 11
4.1 Global primary aluminum output up by 8.1% MOM in March 11
4.2 Chinese primary aluminum output increases by 19% YOY in the first four months of 2017 12
4.3 China’s alumina output unchanged MOM in April 13
4.4 China’s imported alumina stocks down by 19.5% MOM in late April 13
4.5 Chinese aluminum fluoride output up by 17.9% MOM in April 14
4.6 Chinese imported bauxite inventories down by 2.4% MOM late April 15
4.7 Chinese automobile output up by 20.58% MOM in March 15
5 Import and export data 16
5.1 China’s alumina imports up by 16.95% YOY in March 16
5.2 Chinese aluminum fluoride exports down by 39.7% YOY in Q1 17
5.3 Chinese bauxite imports up by 3.6% YOY in Q1 18
5.4 Chinese aluminum alloy export volume up by 55% MOM in March 19
5.5 Chinese aluminum scrap import volume up by 11.59% MOM in March 21
5.6 Japan’s aluminum alloy import volume down by 11.6% MOM in February 23
6 Market outlook 23
6.1 Primary aluminum prices fluctuate down 23
6.2 ADC12 aluminum alloy ingot prices decline 23
6.3 Price decrease of alumina may slow down 23
6.4 Aluminum fluoride prices stable 24

Graph 1 Primary aluminum price trend in China 6
Graph 2 Alumina price trend in China 6
Graph 3 Alumina price trend in Shanxi 7
Graph 4 Alumina price trend in Henan 7
Graph 5 Aluminum hydroxide 80-100 mesh price trend 7
Graph 6 Aluminum fluoride price trend in China 8
Graph 7 Fluorspar wet powder price trend in China 8
Graph 8 Secondary aluminum alloy ingot price trend in China 8
Graph 9 Aluminum settlement on LME 9
Graph 10 Aluminum stocks on LME 9
Graph 11 Imported alumina price trend 9
Graph 12 Malaysian bauxite Al 40% price trend 10
Graph 13 Indian bauxite Al 43% price trend 10
Graph 14 Chinese aluminum fluoride FOB price trend 10
Graph 15 Chinese secondary aluminum alloy ingot FOB price trend 11
Graph 16 Zorba aluminum scrap price trend 11
Graph 17 Global primary aluminum output by year 11
Graph 18 China’s primary aluminum output statistics by month 12
Graph 19 China’s primary aluminum output statistics by province by month 12
Graph 20 China’s alumina output by month 13
Graph 21 China’s alumina output by province per month 13
Graph 22 China’s imported alumina stocks by month 14
Graph 23 Chinese aluminum fluoride output by month 14
Graph 24 Chinese aluminum fluoride output by major provinces 14
Graph 25 Chinese aluminum fluoride producers’ inventory by month 15
Graph 26 Chinese imported bauxite inventories by month 15
Graph 27 Chinese consumption demand for imported bauxite by month 15
Graph 28 Chinese automobile output by month 16
Graph 29 Chinese automobile sales volume by month 16
Graph 30 China’s monthly imports of alumina 16
Graph 31 China’s monthly alumina imports by major countries 17
Graph 32 Chinese aluminum fluoride export by month 17
Graph 33 Chinese aluminum fluoride exports by major countries by month 18
Graph 34 Chinese bauxite imports by month 18
Graph 35 Chinese bauxite imports by major countries by month 18
Graph 36 Chinese aluminum alloy export volume by month 20
Graph 37 Chinese aluminum alloy export volume by countries by month 20
Graph 38 Chinese aluminum scraps import volume by month 21
Graph 39 Chinese aluminum scrap import volume by major country by month 22
Graph 40 Japanese aluminum alloy import volume by month 23
Graph 41 Japanese aluminum alloy import volume by major countries by month 23

Table 1 Global primary aluminum output by region in March 11
Table 2 China’s primary aluminum output statistics by province 12
Table 3 China’s alumina output by key province per month 13
Table 4 China’s alumina imports in March 16
Table 5 Chinese major alumina importers in Mar 17
Table 6 Major Chinese aluminum fluoride exporters in March 18
Table 7 Chinese fluoride importers in March 18
Table 8 Chinese bauxite imports by countries in March 19
Table 9 Chinese bauxite importers in March 19
Table 10 Chinese aluminum alloy export by major countries in March 2017 20
Table 11 Chinese top ten secondary aluminum alloy exporters in March 2017 20
Table 12 Chinese major aluminum alloy exporters in March 20
Table 13 Chinese aluminum scraps import by countries in March 2017 22
Table 14 Chinese top ten aluminum scrap importers in March 2017 22
Table 15 Chinese major aluminum scrap importers in March 22

.Asian Metal Copyright2 Chinese primary aluminum output increases by 19% YOY in the first four months of 2017 12 4Asian Metal Copyright