Monthly Aluminum Market Report Oct 2017

Content
1 Market Highlights 3
2 Company News 3
3 Chinese Market 3
3.1 Economy and Policy 3
3.2 Market Movements 3
3.2.1 Henan aluminum plant to use imported bauxite 3
3.2.2 Domestic alumina demand weakens 4
3.2.3 Alumina plants in Lvliang, Shanxi sees no reduction 4
3.2.4 Alumina plants in Henan prepares for reduction 4
3.2.5 Alumina sales slip in Guangxi 4
3.2.6 Aluminum hydroxide prices high but deals sparse 5
3.2.7 Aluminum fluoride prices surge 5
3.2.8 Primary aluminum prices edge down 5
3.2.9 ADC12 aluminum alloy ingot prices drop slightly 5
4 International Market 6
4.1 Economy and Policy 6
4.2 Market movements 6
4.2.1 Export ban in Kuantan unwinds 6
4.2.2 China’s demand for Indonesian bauxite increases 6
4.2.3 Demand for imported bauxite rise in Henan 6
4.2.4 Indian bauxite offers rise but demand weak 7
4.2.5 Imported alumina transactions shrink 7
4.2.6 Chinese aluminum fluoride producers raise offers substantially 7
4.2.7 LME aluminum prices rose with stock declining 8
4.2.8 ADC12 aluminum alloy ingot export prices dip 8
4.2.9 Aluminum scrap import prices stable 8
5 Producers Statistics 8
5.1 Global alumina output up by 14.2% YOY Q1-3, 2017 8
5.2 Chinese alumina output up by 10.7% YOY in October 9
5.3 Chinese October aluminum fluoride output down by 17.8% MOM 9
5.4 Imported alumina stocks in China up by 21.7% MOM late October 10
5.5 China’s primary aluminum output down by 1.92% MOM in October 10
5.6 Chinese secondary aluminum alloy output down by 2.1% MOM in Oct 2017 11
6 Consumers Statistics 12
6.1 Chinese demand for local bauxite up by 2.33% MOM in October 12
6.2 Imported bauxite stocks in China up by 3.4% MOM in late October 12
6.3 Chinese demand for aluminum fluoride down by 1.92% MOM in October 13
7 Customs Statistics 13
7.1 Chinese September bauxite imports from Australia up by 22.7% MOM 13
7.2 Chinese September alumina imports down by 4.1% MOM 14
7.3 Chinese aluminum fluoride exports down by 38.9% YOY Q1-3 15
7.4 China’s aluminum alloy exports down by 9.6% MOM in September 2017 16
7.5 China’s aluminum scrap imports up by 6.9% MOM in September 2017 17
8 Relevant Industry News 18
8.1 Fluorspar prices soar 18
8.2 Liquid caustic soda prices surge 18
9 Market Outlook for Next Month 18
9.1 Alumina prices under downward pressure 18
9.2 Aluminum fluoride prices hold high 18
9.3 Primary aluminum prices fluctuate down 18
9.4 ADC12 aluminum alloy ingot prices edge down 18



Graph 1 Chinese bauxite (Al:Si=5.5) VAT-excluded delivered price trend 4
Graph 2 Chinese alumina 98.5% ex-work price trend 4
Graph 3 Alumina 98.5% price trend in Shanxi 4
Graph 4 Alumina 98.5% price trend in Henan 4
Graph 5 Alumina 98.5% price trend in Guangxi 5
Graph 6 Chinese aluminum hydroxide 64.5% ex-work price trend 5
Graph 7 Chinese aluminum fluoride 61% ex-work price trend 5
Graph 8 Chinese primary aluminum price trend 5
Graph 9 Chinese secondary aluminum alloy ingot price trend 6
Graph 10 Malaysian bauxite 40% FOB price trend 6
Graph 11 Australian bauxite 52% CIF China price trend 6
Graph 12 Indian bauxite 43% CIF China price trend 7
Graph 13 Chinese imported alumina 98.5% CIF China price trend 7
Graph 14 Chinese imported alumina 98.5% delivered-to-port price trend 7
Graph 15 Chinese aluminum fluoride 61% FOB price trend 7
Graph 16 LME aluminum spot settlement price trend 8
Graph 17 LME aluminum stock trend 8
Graph 18 Chinese secondary aluminum alloy ingot FOB price trend 8
Graph 19 Chinese imported Zobra aluminum scrap CIF price trend 8
Graph 20 Global alumina output by month 8
Graph 21 Global alumina output by major regions by month 9
Graph 22 Chinese alumina output by month 9
Graph 23 Chinese alumina output by major regions by month 9
Graph 24 Chinese aluminum fluoride output by month 9
Graph 25 Chinese aluminum fluoride output by major regions by month 10
Graph 26 Imported alumina stocks by month 10
Graph 27 China’s monthly output of primary aluminum in 2016-2017 10
Graph 28 China’s monthly output of primary aluminum by province 11
Graph 29 Chinese secondary aluminum alloy outputs by month 11
Graph 30 Chinese secondary aluminum alloy outputs by month and region 11
Graph 31 Chinese demand for local bauxite by month 12
Graph 32 Chinese demand for local bauxite by region by month 12
Graph 33 Imported bauxite stocks in China by month 12
Graph 34 Chinese consumption for imported bauxite by month 12
Graph 35 Chinese demand for aluminum fluoride by month 13
Graph 36 Chinese demand for aluminum fluoride by major regions 13
Graph 37 Chinese bauxite imports from Australia by month 13
Graph 38 Chinese total bauxite imports by month 13
Graph 39 Chinese bauxite imports by major countries 13
Graph 40 Chinese alumina imports by month 14
Graph 41 Chinese alumina imports by major countries by month 15
Graph 42 Chinese aluminum fluoride exports by month 15
Graph 43 Chinese aluminum fluoride exports by major countries by month 15
Graph 44 China’s aluminum alloy exports by month from Jan 2016 to Sep 2017 16
Graph 45 China’s aluminum alloy exports by destination from Jan 2016 to Sep 2017 16
Graph 46 China’s aluminum scrap imports by month 17
Graph 47 China’s month aluminum scrap imports by origin country/region 17
Graph 48 Chinese fluorspar 97% delivered price trend 18

Table 1 China’s imported bauxite prices by region on 31 Oct 6
Table 2 China’s primary aluminum outputs by region in October 11
Table 3 Major importers in September 14
Table 4 Chinese bauxite imports by major countries in September 14
Table 5 Chinese bauxite importers in September 14
Table 6 Chinese alumina imports by major countries in September 15
Table 7 Major Chinese alumina importers in September 15
Table 8 Major Chinese aluminum fluoride exporters in September 15
Table 9 China’s aluminum alloy exports by destination in September 16
Table 10 Chinese aluminum alloy exporters in September 16
Table 11 China’s aluminum scrap imports by origin 17
Table 12 Chinese aluminum scraps importers in September 17


.Asian Metal Copyright1 Economy and Policy 3 3Asian Metal Copyright