Aluminum Market Report March 2016

Content
1 Abstract 4
2 Company News 4
3 Chinese domestic market review 4
3.1 Aluminum fluoride prices under pressure 4
3.2 Prebaked anode price hard to move up 5
3.3 Prices for alumina still have room to climb 5
3.4 Alumina prices witnesses unstoppable growth in Shanxi province 5
3.5 Alumina supply tight in Shandong 5
3.6 Chalco drives alumina price to grow in Henan 6
3.7 Alumina prices in Southwest China rise steadily 6
3.8 Aluminum hydroxide prices increase 6
3.9 Primary aluminum prices up 7
3.10 Chinese secondary aluminum alloy ingot prices up further 7
4 International market review 7
4.1 Malaysian bauxite deals remain thin 7
4.2 Australian bauxite price continues to drop 8
4.3 Indian bauxite price moves down further 8
4.4 Aluminum fluoride export price at low levels 8
4.5 Limited room for prebaked anode export price to go down 8
4.6 Imported alumina market sees higher prices but few activities 9
4.7 LME aluminum prices down 9
4.8 Chinese secondary aluminum alloy ingot export market dim 9
4.9 Import Zorba aluminum scrap suppliers unwilling to sell 10
5 Output & Inventory Analysis 10
5.1 China’s imported bauxite stocks down by 8.1% MOM late March 10
5.2 China’s aluminum fluoride output down by 8.2% YOY in Q1 11
5.3 Chinese commercial carbon anode production up by 1.4% MOM in March 11
5.4 Chinese primary aluminum output down by 3% YOY in Q1 12
5.5 China's alumina output up 2.8% MOM in March 12
5.6 Chinese alumina stocks unchanged in March 13
5.7 Chinese consumption of imported alumina down by 7% MOM in March 2016 13
5.8 China’s imported alumina stocks down by 7.5% MOM in late March 13
5.9 Chinese secondary aluminum alloy plants’ operating rate climbs to 64.9% in March 14
6 Imp & Exp Analysis 14
6.1 Chinese bauxite imports from Malaysia down by 54.3% MOM in February 14
6.2 Chinese aluminum fluoride exports up by 15.7% MOM in February 15
6.3 Chinese prebaked anode exports down by 8.2% MOM in February 16
6.4 China February imports of alumina shrink 26.8% MOM 18
6.5 Chinese aluminum alloy export volume down by 47.38% MOM in February 19
6.6 Chinese aluminum scrap import volume down by 30.67% MOM in February 20
7 Market outlook for April 21
7.1 Alumina prices to fluctuate in small scale 21
7.2 Primary aluminum prices up 21
7.3 Chinese secondary aluminum alloy ingot prices up 21

Graph 1 Chinese aluminum fluoride prices 5
Graph 2 Chinese prebaked anode price 5
Graph 3 Alumina price trend in China 5
Graph 4 Alumina price trend in Shanxi 5
Graph 5 Average monthly price for alumina in Shandong 6
Graph 6 Alumina price trend in Henan 6
Graph 7 Alumina price trend in Guangxi 6
Graph 8 Price trend of 80-100 mesh aluminum hydroxide 6
Graph 9 Aluminum ingot price on Chinese market 7
Graph 10 Chinese secondary aluminum alloy ingot prices movement 7
Graph 11 Price for bauxite Al 40% FOB Malaysia 7
Graph 12 50% Australian bauxite price CIF China 8
Graph 13 42% Indian bauxite price CIF China 8
Graph 14 Chinese aluminum fluoride export price 8
Graph 15 Chinese prebaked anode export price FOB China 8
Graph 16 Price trend of imported alumina 9
Graph 17 Price trend of imported alumina in the ports 9
Graph 18 Aluminum settlement on LME 9
Graph 19 Aluminum warehouse on LME 9
Graph 20 Chinese secondary aluminum alloy ingot export price movement 10
Graph 21 Chinese Zorba aluminum scrap import price movement 10
Graph 22 China’s imported bauxite stocks by month 10
Graph 23 Chinese consumption for imported bauxite by month 11
Graph 24 Chinese aluminum fluoride output by month 11
Graph 25 Chinese commercial carbon andoe output by month 11
Graph 26 Chinese primary aluminum output by month 12
Graph 27 Chinese primary aluminum output by province by month 12
Graph 28 China’s alumina output by month 12
Graph 29 China’s monthly alumina output by province 12
Graph 30 Monthly statistics of Chinese alumina refineries’ stocks 13
Graph 31 China’s imported alumina stocks by month 13
Graph 32 Chinese imported alumina stocks by month 14
Graph 33 Chinese secondary aluminum alloy ingot output by month 14
Graph 34 Chinese secondary aluminum alloy ingot plants’ operating rate by major province by month 14
Graph 35 Chinese bauxite imports by month 14
Graph 36 Chinese bauxite imports by major country by month 15
Graph 37 Chinese aluminum fluoride exports by month 15
Graph 38 Chinese aluminum fluoride exports to major countries by month 16
Graph 39 Chinese prebaked anode exports by month 16
Graph 40 Chinese prebaked anode exports by major countries by month 17
Graph 41 China imports of alumina by month 18
Graph 42 China February imports of alumina by country and month 18
Graph 43 Chinese aluminum alloy export volume by month 19
Graph 44 Chinese aluminum alloy export volume by major country by month 19
Graph 45 Chinese aluminum scraps import volume by month 20
Graph 46 Chinese aluminum scrap import volume by major country by month 20

Table 1 Chinese bauxite import details in February 15
Table 2 Chinese bauxite importers in February 15
Table 3 Major Chinese exporters in February 16
Table 4 Chinese aluminum fluoride exporters in Feb 16
Table 5 Chinese prebaked anode exports by major countries in February 17
Table 6 Chinese prebaked anode export prices by major countries 17
Table 7 Chinese prebaked anode exports by companies in February 17
Table 8 Chinese prebaked anode exporters in Feb 17
Table 9 Imports of alumina in China during February 18
Table 10 Major Chinese importers for alumina in February 18
Table 11 Chinese top ten secondary aluminum alloy exporters in February 2016 19
Table 12 Major Chinese aluminum alloy export companies in February 19
Table 13 Chinese top ten aluminum scrap importers in February 2016 21
Table 14 Chinese major aluminum scrap importers in February 21

.Asian Metal Copyright2 Australian bauxite price continues to drop 8 4Asian Metal Copyright