AM Statistics: Chinese secondary aluminum alloy ingot output up by 3.8% YOY Jan-Sep
2016-11-07 14:20:36 [Print]
BEIJING (Asian Metal) 7 Nov 16 - According to Asian Metal Database, China produced around 2.57 million tonnes of secondary aluminum alloy ingots in the first three quarters of 2016, up by 3.8% YOY. In September, the output climbed up by 4.9% MOM to around 278,000t.
Chinese secondary aluminum alloy ingot output by month (KT)
Guangdong remained the biggest secondary aluminum alloy ingot producing region in September, with a volume of around 74,800t, up by 2.2% MOM, followed by Shanghai, Chongqing and Jiangsu, with volumes at 33,500t, 33,000t and 31,900t respectively. The output in Chongqing moved up by 34.7% MOM in September.
Chinese secondary aluminum alloy ingot output by regions (KT)
According to the data, 13 producers witnessed output increase in September. The average operating rate for Chinese running secondary aluminum ingot plants was around 57.08% in September, up from 54.6% in August.
In September, a few of producers resumed normal production after the environmental protection inspection, leading to output increase. In addition, demand for the metal increased in late Q3. In early October, a few producers cut or halted production during the China’s National Day holiday, so the output may decline a bit in October. In addition, although both demand and prices increased, secondary aluminum alloy ingot producers faced difficulty in expanding production due to tight aluminum scraps supply.
Chinese secondary aluminum alloy ingot output by month (KT)
Guangdong remained the biggest secondary aluminum alloy ingot producing region in September, with a volume of around 74,800t, up by 2.2% MOM, followed by Shanghai, Chongqing and Jiangsu, with volumes at 33,500t, 33,000t and 31,900t respectively. The output in Chongqing moved up by 34.7% MOM in September.
Chinese secondary aluminum alloy ingot output by regions (KT)
According to the data, 13 producers witnessed output increase in September. The average operating rate for Chinese running secondary aluminum ingot plants was around 57.08% in September, up from 54.6% in August.
In September, a few of producers resumed normal production after the environmental protection inspection, leading to output increase. In addition, demand for the metal increased in late Q3. In early October, a few producers cut or halted production during the China’s National Day holiday, so the output may decline a bit in October. In addition, although both demand and prices increased, secondary aluminum alloy ingot producers faced difficulty in expanding production due to tight aluminum scraps supply.
Aluminum Alloy ADC12 Delivered China
Unit:RMB/mt
China secondary aluminum alloy producers' output statistics by province by month
Unit: mt
