Monthly Aluminum Market Report April

Content
1 Monthly Highlights 3
2 Economy and Policy 3
3 Market Movements 3
3.1 Chinese Market Movements 3
3.1.1 Chinese bauxite prices go on rising 3
3.1.2 Chinese alumina prices surge 3
3.1.3 Alumina prices rise in Shanxi 4
3.1.4 Alumina prices high but transactions few in Henan 4
3.1.5 Alumina transactions sparse in Shandong 4
3.1.6 Alumina prices in Southwest China up 4
3.1.7 Aluminum hydroxide prices rise 5
3.1.8 Aluminum fluoride prices slump 5
3.1.9 Primary aluminum prices move up before down 5
3.1.10 aluminum alloy ingot prices up 5
3.2 International Market Movements 6
3.2.1 Malaysia resumes bauxite export but transactions unlikely to recover 6
3.2.2 Indian bauxite exports recovers 6
3.2.3 Australia bears more pressure from exporting bauxite 6
3.2.4 Chinese imported alumina prices high 6
3.2.5 Chinese fluoride export prices down 7
3.2.6 LME aluminum prices rise dramatically 7
3.2.7 LME aluminum stocks increased a lot 7
3.2.8 ADC12 aluminum alloy ingot export prices slip 7
3.2.9 Chinese imported Zorba aluminum scrap market filled with wait-and-see attitude 8
4 Company News 8
4.1 Rusal Ireland plant supply recovers with sanctions easing 8
4.2 Century Aluminum invests USD115 million to upgrade Hawesville 8
4.3 Rusal's Dian-DianBauxite Project in Guinea to come on stream in late April 8
4.4 Xiaoyi Huaqing puts alumina facility into production 8
4.5 Liaoning Danfeng's alumina project approved 8
4.6 Liulin Senze to operate new alumina line 8
4.7 Yixiang Alumina maintains roaster 8
4.8 Huajin Aluminum resumes alumina production 8
4.9 Baise Mining starts new primary aluminum project 8
4.10 Mengtai Coal & Electric Group's phase I primary aluminum project reaches target capacity 8
4.11 Qingyuan Shunbo to finish transformation for secondary aluminum alloy production line 9
4.12 Shuaiyichi's Henan plant puts aluminum alloy production line into production 9
5 Producers Statistics 9
5.1 China's alumina output up by 3.6% MOM in April 2018 9
5.2 Chinese aluminum fluoride output in April up by 3.3% MOM 9
5.3 China's imported alumina stocks down by 77.1% MOM in late April 10
5.4 Chinese primary aluminum output up by 1.74% MOM in Apr 2018 10
6 Consumers Statistics 11
6.1 Chinese demand for imported bauxite up by 8.7% MOM in April 11
7 Customs Statistics 11
7.1 Chinese bauxite imports from Indonesia up to 1.1 milllion tonnes in Q1 2018 11
7.2 Chinese alumina imports down by 79.9% YOY in Q1 2018 12
7.3 Chinese aluminum fluoride export volume up by 135% MOM in March 13
7.4 China's aluminum scrap imports up by 47.67% MOM in March 2018 13
7.5 Chinese aluminum alloy exports up by 67.1% MOM in Mar 2018 14
8 Relevant Industry News 14
8.1 Chinese fluorspar prices move down 14
9 Market Outlook for Next Month 15
9.1 Alumina prices retreat after surge 15
9.2 Aluminum fluoride prices continue to decline 15
9.3 Primary aluminum prices to fluctuate up 15
9.4 ADC12 aluminum alloy ingot prices to drop 15

Graph 1 Chinese bauxite (Al/Si 5.5) Exl-VAT delivered price trend 3
Graph 2 Chinese alumina 98.5% EXW price trend 4
Graph 3 Alumina 98.5% EXW price trend in Shanxi 4
Graph 4 Alumina 98.5% EXW price trend in Henan 4
Graph 5 Alumina 98.5% EXW price trend in Shandong 4
Graph 6 Alumina 98.5% EXW price trend in Guangxi 4
Graph 7 Chinese aluminum hydroxide 64.5% EXW price trend 5
Graph 8 Chinese aluminum fluoride 61% delivered price trend 5
Graph 9 Chinese primary aluminum price trend 5
Graph 10 Chinese secondary aluminum alloy ingot price trend 6
Graph 11 Indian bauxite 43% CIF China price trend 6
Graph 12 Australian monohydrate bauxite 52% CIF China price trend 6
Graph 13 Chinese imported alumina 98.5%CIF price trend 6
Graph 14 Chinese imported alumina 98.5% delivered-to-port price trend 7
Graph 15 Chinese aluminum fluoride FOB price trend 7
Graph 16 LME aluminum spot settlement price trend 7
Graph 17 LME aluminum stocks trend 7
Graph 18 Chinese secondary aluminum alloy ingot FOB price trend 7
Graph 19 Chinese imported Zobra aluminum scrap CIF price trend 8
Graph 20 China's alumina outputs by month 9
Graph 21 China's alumina monthly outputs by region 9
Graph 22 Chinese aluminum fluoride output by month 9
Graph 23 Chinese aluminum fluoride output by major regions by month 9
Graph 24 China's imported alumina stocks by month 10
Graph 25 Chinese primary aluminum outputs by month 10
Graph 26 Chinese primary aluminum outputs by region by month 10
Graph 27 Chinese demand for imported bauxite by month 11
Graph 28 Chinese imported bauxite stocks by month 11
Graph 29 Chinese bauxite imports by month 11
Graph 30 Chinese bauxite import from Indonesia by month 11
Graph 31 Chinese bauxite imports by major countries by month 11
Graph 32 Chinese alumina import by month 12
Graph 33 Chinese alumina imports by major countries by month 12
Graph 34 Chinese aluminum fluoride export by month 13
Graph 35 Chinese aluminum fluoride export by major countries by month 13
Graph 36 China's aluminum scrap imports by month 13
Graph 37 China's monthly aluminum scrap imports by country/region 14
Graph 38 Chinese aluminum alloy exports by month 14
Graph 39 Chinese aluminum alloy exports by destination by month 14
Graph 40 Chinese fluorspar 97% delivered price trend 15

Table 1 Chinese primary aluminum outputs by region in Apr 10
Table 2 Chinese bauxite imports by major countries in Q1 12
Table 3 Chinese bauxite importers in March 12
Table 4 Chinese alumina imports by major countries in Q1 13
Table 5 Major Chinese aluminum fluoride exporters in March 13
Table 6 Statistics on China's aluminum scrap imports by country/region 14
Table 7 Chinese aluminum alloy exports by destination in March 14

.Asian Metal Copyright6 LME aluminum prices rise dramatically 7 3Asian Metal Copyright