Monthly Aluminum Market Report Apr 2020
2020-05-15 16:18:11 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1 Market Highlights
1.1 Chinese origin bauxite
In April, prices for Chinese origin bauxite declined further, inland alumina plants continued to suffer losses, while the supply of self-mining bauxite increased.
1.2 Imported bauxite
In April, prices for imported bauxite fell significantly and inland alumina plants began to reduce purchase of imported bauxite.
1.3 Aluminum fluoride
In April, prices for alumina in China fell sharply, primary aluminum plants suffered losses and substantially reduced purchase of aluminum fluoride, leading to an increase in the inventory in the market.
1.4 Alumina
This month, the price of alumina fell to a historical low within two years. Most shippers insisted on firm offers and refused to sell at low prices. Downstream buyers mostly held a wait-and-see attitude, and the spot market transaction stagnated.
1.5 Aluminum hydroxide
Prices for alumina fell and those for aluminum hydroxide declined accordingly this month. The operating rate of downstream consumers was not enough and the demand was weak, so the spot market kept quiet.
1.6 Primary aluminum
Early this month, some domestic primary aluminum plants focused on cell maintenance, and the operating rate declined; downstream consumers resumed production one after another, and the demand improved. Prices for primary aluminum rebounded from the bottom this month.
1.7 secondary aluminum alloy ingot
In April, the consumption in automotive market remained low, and prices for secondary aluminum alloy ingot dell further in early April. In late April, as prices for raw material aluminum scrap continued to go up, prices for aluminum alloy ingot began to rebound.
1.1 Chinese origin bauxite
In April, prices for Chinese origin bauxite declined further, inland alumina plants continued to suffer losses, while the supply of self-mining bauxite increased.
1.2 Imported bauxite
In April, prices for imported bauxite fell significantly and inland alumina plants began to reduce purchase of imported bauxite.
1.3 Aluminum fluoride
In April, prices for alumina in China fell sharply, primary aluminum plants suffered losses and substantially reduced purchase of aluminum fluoride, leading to an increase in the inventory in the market.
1.4 Alumina
This month, the price of alumina fell to a historical low within two years. Most shippers insisted on firm offers and refused to sell at low prices. Downstream buyers mostly held a wait-and-see attitude, and the spot market transaction stagnated.
1.5 Aluminum hydroxide
Prices for alumina fell and those for aluminum hydroxide declined accordingly this month. The operating rate of downstream consumers was not enough and the demand was weak, so the spot market kept quiet.
1.6 Primary aluminum
Early this month, some domestic primary aluminum plants focused on cell maintenance, and the operating rate declined; downstream consumers resumed production one after another, and the demand improved. Prices for primary aluminum rebounded from the bottom this month.
1.7 secondary aluminum alloy ingot
In April, the consumption in automotive market remained low, and prices for secondary aluminum alloy ingot dell further in early April. In late April, as prices for raw material aluminum scrap continued to go up, prices for aluminum alloy ingot began to rebound.
