Aluminum Market Report May 2015

Abstract 3
1 Company News 3
2 Chinese domestic market review 3
2.1 Primary aluminum prices move down step by step 3
2.2 Chinese origin alumina prices move down significantly 4
2.3 Fluoride prices hover at low levels 5
2.4 Secondary aluminum alloy market deals thin 6
3 International market review 7
3.1 Aluminum on LME moves down 7
3.2 Malaysian bauxite supply declines but prices unchanged 8
3.3 Australian alumina prices slide down 9
3.4 Chinese aluminum fluoride export orders decline 10
3.5 Secondary aluminum alloy export prices unchanged 11
4 Production & Stocks Data Analysis 12
4.1 Chinese alumina output down by 0.Asian Metal Copyright77% MOM 24 5.Asian Metal Copyright5% MOM to 4.53 million tones in May 12
4.2 China’s imported bauxite stocks hold stable at around 30 million tonnes in late May 14
4.3 Imported alumina stocks up by 7.7% MOM in late May in China 15
4.4 Chinese aluminum fluoride output down 1.91% MOM in May 16
4.5 Chinese primary aluminum output up by 0.9% MOM in May 17
5 Import & Export Data Analysis 18
5.1 Chinese bauxite imports from Malaysia exceed 2 million tonnes in April 18
5.2 Chinese alumina imports up by 44.8% MOM in April 21
5.3 Chinese aluminum fluoride exports down by 45.5% MOM in April 22
5.4 China’s aluminum scrap imports in April up by 11.77% MOM 24
5.5 Chinese aluminum alloy exports up by 20.89% MOM in April 2015 26
5.6 Chinese carbon exports down by 46% MOM in April 27
6 Market outlook 28
6.1 Primary aluminum prices continue to keep at low levels 28
6.2 Limited room for alumina prices to go down 28

Graph 1 Chinese primary aluminum prices movement 4
Graph 2 Chinese alumina monthly average prices by regions 4
Graph 3 Chinese alumina prices movement in May 5
Graph 4 Chinese aluminum fluoride prices movement 6
Graph 5 Chinese secondary aluminum alloy ingot prices movement 7
Graph 6 Aluminum settlement on LME 8
Graph 7 FOB Price movement for Malaysian bauxite Al 40-41% 9
Graph 8 Australian alumina prices CIF China 10
Graph 9 Chinese aluminum fluoride export price movement 11
Graph 10 Chinese secondary aluminum alloy ingot export price movement 12
Graph 11 Chinese alumina output by month 13
Graph 12 Chinese alumina output by provinces by month 13
Graph 13 Chinese alumina refineries’ stocks by month 14
Graph 14 China’s imported bauxite stocks by month 14
Graph 15 Chinese demand for imported bauxite by month 15
Graph 16 Imported alumina stocks in China by month 15
Graph 17 Chinese consumption for imported alumina 16
Graph 18 Chinese aluminum fluoride output by month 17
Graph 19 Chinese primary aluminum output by month 17
Graph 20 Primary aluminum output in Xinjiang by month 18
Graph 21 Chinese bauxite imports by month 18
Graph 22 Chinese bauxite imports from Australia, India and Malaysia 19
Graph 23 Chinese alumina imports by month 21
Graph 24 Chinese alumina imports from major countries by month 22
Graph 25 Chinese aluminum fluoride exports by month 23
Graph 26 Chinese aluminum fluoride exports by major countries by month 23
Graph 27 Imports statistics of aluminum scraps in China 24
Graph 28 Import statistics of China’s aluminum scraps by country 25
Graph 29 Long-term prices of aluminum scraps importing from the US 25
Graph 30 Aluminum alloy exports in China 26
Graph 31 Destinations of Chinese aluminum alloy exports 27

Table 1 Chinese bauxite imports in April 19
Table 2 Chinese bauxite importers in April 20
Table 3 Chinese alumina imports in April 21
Table 4 Major Chinese alumina importers in April 22
Table 5 Major Chinese aluminum fluoride exporters in April 23
Table 6 China’s top ten companies of importing aluminum scraps in April 26
Table 7 Chinese top 10 aluminum alloy exporters in April 27
Table 8 Major Chinese carbon exporters in April 27

.Asian Metal Copyright9% MOM in May 17 5 Import Export Data Analysis 18 5Asian Metal Copyright