Aluminum Market Report May 2017

Abstract 3
1 Company news 3
2 Chinese market review 4
2.1 Aluminum fluoride prices fall back after increases 4
2.2 Alumina prices rebound from the bottom 4
2.3 Alumina output decreases significantly in Shanxi 5
2.4 Alumina prices rise in Henan 5
2.5 Alumina prices rebound sharply in Southwestern China 6
2.6 Aluminum hydroxide prices wait for rebounding after hitting the bottom 6
2.7 Electrolytic aluminum prices changed slightly 6
2.8 ADC12 aluminum alloy ingot prices edge down 7
3 International market review 8
3.1 Malaysian bauxite supply continues to decline 8
3.2 Tight supply pushes up bauxite prices in Australia, Brazil, etc. 8
3.3 Aluminum fluoride export market sees more enquires 9
3.4 Imported alumina prices rise after decreases 9
3.5 LME aluminum prices move up 10
3.6 ADC12 aluminum alloy ingot export prices down 10
3.7 Prices for imported aluminum scraps down 11
4 Supply and demand analysis 11
4.1 Chinese imported bauxite stocks became stable late May 11
4.2 Chinese aluminum fluoride output down by 11% MOM in May 12
4.3 Global alumina outputs down by 1.8% MOM in April 2017 13
4.4 China’s alumina output down by 4% MOM in May 13
4.5 Chinese alumina producers’ stocks down by 59.5% MOM in late May 14
4.6 China’s imported alumina stocks down by 35.1% 15
4.7 Chinese primary aluminum output touches new highest point 15
4.8 Global primary aluminum output down by 0.3% MOM in April 2017 16
4.9 Chinese secondary aluminum alloy plants’ operating rate moves down in May 17
4.10 Chinese automobile output down by 2.42% MOM in May 18
5 Import & Export Analysis 19
5.1 China’s alumina imports down by 40% MOM in April 19
5.2 Chinese aluminum fluoride exports up by 39.6% MOM in April 20
5.3 Guinea became the biggest bauxite supplier to China in April 21
5.4 Chinese aluminum alloy export volume down by 0.31% YOY in the first four months of 2017 22
5.5 Chinese aluminum scrap import volume down by 7% MOM in April 25
5.6 Japan’s aluminum alloy import volume up by 15.58% MOM in March 26
6 Market Outlook 27
6.1 Aluminum fluoride prices to fall back 27
6.2 Alumina prices to move up further 27
6.3 Primary prices to fluctuate down 27
6.4 ADC12 aluminum alloy ingot prices to decline 28

Graph 1 Aluminum fluoride price trend in China 5
Graph 2 Wet powder of fluorspar price trend in China 5
Graph 3 Alumina price trend in China 6
Graph 4 Alumina price trend in Shanxi 6
Graph 5 Alumina price trend in Henan 7
Graph 6 Aluminum hydroxide 80-100 mesh price trend 7
Graph 7 Chinese primary aluminum price trend 8
Graph 8 Secondary aluminum alloy ingot price trend in China 9
Graph 9 Malaysian bauxite Al 40% price trend 9
Graph 10 Australian bauxite Al 49% price trend 10
Graph 11 Brazilian bauxite Al 50% price trend 10
Graph 12 Chinese aluminum fluoride FOB price trend 10
Graph 13 Imported alumina price trend 11
Graph 14 Spot aluminum settlement on LME 11
Graph 15 Aluminum stocks on LME 11
Graph 16 Chinese secondary aluminum alloy ingot FOB price 12
Graph 17 Zorba aluminum scrap price trend 12
Graph 18 Chinese imported bauxite stocks by month 12
Graph 19 Chinese demand for imported bauxite by month 13
Graph 20 Chinese aluminum fluoride output by month 13
Graph 21 Chinese aluminum fluoride plants’ operating rate 13
Graph 22 Chinese aluminum fluoride producers’ stocks by month 14
Graph 23 Global alumina outputs by month 14
Graph 24 Global monthly alumina outputs by region 14
Graph 25 China’s alumina output by month 15
Graph 26 China’s monthly alumina output by province 15
Graph 27 Chinese alumina producers’ stocks by month 15
Graph 28 China’s imported alumina stocks by month 16
Graph 29 China’s primary aluminum output statistics by month 16
Graph 30 China’s primary aluminum output statistics by province by month 17
Graph 31 Global primary aluminum output by year 17
Graph 32 Chinese secondary aluminum alloy production by month 18
Graph 33 Chinese secondary aluminum alloy production by province by month 19
Graph 34 Chinese automobile output by month 19
Graph 35 Chinese automobile sales volume by month 19
Graph 36 China’s imports of alumina by month 20
Graph 37 China’s monthly alumina imports by major countries 20
Graph 38 Chinese aluminum fluoride exports by month 21
Graph 39 Chinese aluminum fluoride exports by major countries 22
Graph 40 Chinese bauxite imports by month 22
Graph 41 Chinese bauxite imports by major countries by month 23
Graph 42 Chinese aluminum alloy export volume by month 23
Graph 43 Chinese aluminum alloy export volume by countries by month 24
Graph 44 Chinese aluminum scraps import volume by month 26
Graph 45 Chinese aluminum scrap import volume by major countries by month 26
Graph 46 Japanese aluminum alloy import volume by month 28
Graph 47 Japanese aluminum alloy import volume by major countries by month 28

Table 1 Alumina outputs in April by region: 15
Table 2 China’s monthly alumina output by key province 16
Table 3 China’s primary aluminum output statistics by province in May 18
Table 4 The below table demonstrated the details of primary aluminum output by region in April 19
Table 5 China’s alumina imports in April 21
Table 6 China’s major alumina importers in April 21
Table 7 Chinese aluminum fluoride exporters in April 23
Table 8 Chinese bauxite imports in April 24
Table 9 Chinese aluminum alloy export by major countries in April 2017 25
Table 10 Chinese top ten secondary aluminum alloy exporters in April 2017 25
Table 11 Chinese major aluminum alloy exporters by destinations in April 25
Table 12 Chinese aluminum scraps import by countries in April 2017 27
Table 13 Chinese top ten aluminum scrap importers in April 2017 27
Table 14 Chinese major aluminum scrap importers in May 28
.Asian Metal Copyright5 Alumina prices rebound sharply in Southwestern China 6 2Asian Metal Copyright