Aluminum Market Report February 2016

Content
1 Abstract 1
2 Company News 1
3 Chinese domestic market review 2
3.1 Aluminum fluoride prices stable 2
3.2 Prebaked anode prices stay at low levels 2
3.3 Chinese alumina price rebounds after hitting bottom 2
3.4 Shanxi alumina price continues to rise 2
3.5 Shandong alumina market almost has no spot stocks 3
3.7 Alumina in Southwest China favored in the market 3
3.8 Aluminium hydrate price shows signs of improvement 5
3.9 Primary aluminum prices up 4
3.10 Chinese secondary aluminum alloy ingot prices up further 5
4 International market review 6
4.1 Malaysian bauxite imports slow down 6
4.2 Australian bauxite prices continue to decline 6
4.3 Demand for Indian bauxite becomes weak 6
4.4 Aluminum fluoride export prices steady 6
4.5 Prebaked anode export prices drop further 7
4.6 Imported alumina market bleak 7
4.7 LME aluminum prices move up 7
4.8 Chinese secondary aluminum alloy ingot export prices down 8
4.9 Zorba aluminum scrap import market sluggish 8
5 Output & Inventory Analysis 8
5.1 Chinese alumina output down 3% MOM in February 8
5.2 China’s alumina stocks up by 188% YOY in February 9
5.3 Stocks for imported alumina drop 7% MOM in China in late February 9
5.4 Chinese primary aluminum output down by 0.8% MOM in February 10
5.5 Chinese commercial carbon anode output down by 1.8% MOM in February 11
5.6 China’s aluminum fluoride output down by 7.7% YOY in February 11
5.7 China’s imported bauxite inventories reached 36 million tonnes in late February 12
6 Imp & Exp Analysis 12
6.1 Chinese alumina imports up by 31.76% YOY in January 13
6.2 Chinese aluminum alloys export volume down by about 9.85% MOM in January 14
6.3 Chinese aluminum scraps import volume down by 19.52% MOM in January 15
6.4 Chinese prebaked anode exports down by 30.6% YOY in January 2016 17
6.5 China’s aluminum fluoride exports down by 56.3% YOY in January 18
6.6 Chinese bauxite imports from Malaysia down by 38.2% MOM in January 19
7 Market outlook for March 20
7.1 Malaysian bauxite deals may stop 20
7.2 Aluminum fluoride export prices may go down further 20
7.3 Alumina price continues to shoot up 20
7.4 Primary aluminum prices up 20
7.5 Chinese secondary aluminum alloy ingot prices up 20

Graph 1 Chinese aluminum fluoride prices movement 4
Graph 2 Chinese prebaked anode prices movement 4
Graph 3 Chinese alumina prices movements 4
Graph 4 Shanxi alumina prices movements 5
Graph 5 Shandong alumina prices on average by month 5
Graph 6 Henan alumina prices movements 5
Graph 7 Guangdong alumina prices movements 5
Graph 8 Chinese 80-100 mesh aluminium hydrate price movements 6
Graph 9 Aluminum ingot price on Chinese market 6
Graph 10 Chinese secondary aluminum alloy ingot prices movement 7
Graph 11 Price movement for low grade Malaysian bauxite 7
Graph 12 Price movement for Australian bauxite 50% 7
Graph 13 Price movement for Indian bauxite Al 42-43% 7
Graph 14 Chinese aluminum fluoride export prices movement 8
Graph 15 Chinese prebaked anode export prices 8
Graph 16 Imported alumina prices movements in China 8
Graph 17 Spot prices movements of imported alumina China 8
Graph 18 Aluminum settlement on LME 9
Graph 19 Aluminum warehouse on LME 9
Graph 20 Chinese secondary aluminum alloy ingot export price movement 9
Graph 21 Chinese Zorba aluminum scrap import price movement 9
Graph 22 Chinese alumina output by month 10
Graph 23 China’s monthly alumina output by province 10
Graph 24 Monthly statistics of Chinese alumina refineries’ stocks 10
Graph 25 Stocks for imported alumina in China 11
Graph 26 Consumption for imported alumina by month in China 11
Graph 27 Chinese primary aluminum output by month 11
Graph 28 Chinese primary aluminum output by province by month 12
Graph 29 Chinese commerical carbon anode output by regions 12
Graph 30 Chinese aluminum fluoride outputs by month 13
Graph 31 China’s imported bauxite inventories by month 13
Graph 32 Chinese demand for imported bauxite by month 13
Graph 33 Chinese alumina imports by month 14
Graph 34 Chinese alumina imports by country in January 14
Graph 35 Chinese aluminum alloy export volume by month 15
Graph 36 Chinese aluminum alloy export volume by major country by month 15
Graph 37 Chinese aluminum scraps import volume by month 17
Graph 38 Chinese aluminum scrap import volume by major country by month 17
Graph 39 Chinese prebaked anode exports by month 18
Graph 40 China’s prebaked anode exports to major countries 18
Graph 41 China’s aluminum fluoride exports by month 19
Graph 42 Chinese aluminum fluoride exports by major countries 20
Graph 43 China’s bauxite imports by month 20
Graph 44 Chinese bauxite imports from major countries 21

Table 1 Alumina imports in January in China 14
Table 2 Chinese major alumina importers in February 15
Table 3 Chinese top ten secondary aluminum alloy exporters in January 2016 16
Table 4 Major Chinese aluminum alloy export companies in January 16
Table 5 Chinese top ten aluminum scrap importers in January 2016 17
Table 6 Chinese major aluminum scrap importers in January 18
Table 7 China’s prebaked anode exports in January 19
Table 8 Chinese prebaked anode exporters in January 19
Table 9 Chinese aluminum fluoride exporters in January 20
Table 10 Chinese bauxite imports in January 21
Table 11 Chinese bauxite importers in January 21

.Asian Metal Copyright2 Aluminum fluoride export prices may go down further 20 7Asian Metal Copyright