Monthly Aluminum Market Report Jan 2018

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 Chinese origin bauxite continue to decrease 3
3.2.2 Chinese alumina transactions shrink 4
3.2.3 Some alumina plants in Shanxi cut production 4
3.2.4 Alumina prices hold high in Henan 4
3.2.5 Alumina prices move down before up in Guangxi 4
3.2.6 Aluminum hydroxide transactions increase 4
3.2.7 Primary aluminum plants to add aluminum fluoride stocks 5
3.2.8 Primary aluminum prices decline in Jan 5
3.2.9 ADC12 aluminum alloy ingot prices edge up 5
4 International Market 6
4.1 Economy and Policy 6
4.2 Market Movements 6
4.2.1 Malaysia bauxite suppliers continue to watch market 6
4.2.2 Indonesian bauxite exports soften 6
4.2.3 Demand for Australian bauxite increases 6
4.2.4 Indian bauxite export market sees minimal deals 6
4.2.5 Chinese imported alumina transactions limited 6
4.2.6 Export prices for Chinese aluminum fluoride unlikely to rise 7
4.2.7 LME aluminum prices edge down 7
4.2.8 LME aluminum stocks trend downward 7
4.2.9 Export prices for Chinese ADC12 aluminum alloy ingot surge 7
4.2.10 Chinese imported Zorba aluminum scrap prices soar 8
5 Producers Statistics 8
5.2 Chinese aluminum fluoride output in January up by 10.2% MOM 9
6 Customs Statistics 10
6.2 Chinese alumina imports down by 5.3% YOY in 2017 11
6.3 Chinese aluminum fluoride exports down by 45.4% YOY in 2017 12
7 Consumers Statistics 15
8 Market Outlook for Next Month 15
8.1 Alumina prices to hold stable 15
8.2 Aluminum fluoride prices to stand still 15
8.3 Primary aluminum prices to fluctuate down slightly 15
8.4 ADC12 aluminum alloy ingot prices to stay unchanged 15

Graph 1 Chinese bauxite (Al:Si=5.5) VAT-excluded delivered price trend (RMB/t) 3
Graph 2 Chinese alumina 98.5% EXW price trend (RMB/t) 4
Graph 3 Alumina 98.5% EXW price trend in Shanxi (RMB/t) 4
Graph 4 Alumina 98.5% EXW price trend in Henan (RMB/t) 4
Graph 5 Alumina 98.5% EXW price trend in Guangxi (RMB/t) 4
Graph 6 Chinese aluminum hydroxide 64.5% EXW price trend (RMB/t) 5
Graph 7 Chinese aluminum fluoride 61% EXW price trend (RMB/t) 5
Graph 8 Chinese primary aluminum price trend (RMB/t) 5
Graph 9 Chinese secondary aluminum alloy ingot price trend (RMB/t) 5
Graph 10 Indonesia bauxite 46% CIF China price trend (USD/t) 6
Graph 11 Australian bauxite CIF China price trend (USD/t) 6
Graph 12 Indian bauxite 43% CIF China price trend (USD/t) 6
Graph 13 Chinese imported alumina 98.5% CIF China price trend (USD/t) 6
Graph 14 Chinese imported alumina 98.5% delivered-to-port price trend (RMB/t) 7
Graph 15 Chinese aluminum fluoride FOB price trend (USD/t) 7
Graph 16 LME aluminum spot settlement price trend (USD/t) 7
Graph 17 LME aluminum stocks trend (ton) 7
Graph 18 Chinese secondary aluminum alloy ingot FOB price trend (USD/t) 7
Graph 19 Chinese imported Zorba aluminum scrap (Metal 93% Cu 3%) CIF price trend (USD/t) 8
Graph 20 Chinese alumina output by month (KT) 8
Graph 21 Chinese alumina output by major provinces by month (KT) 8
Graph 22 Chinese average alumina operation rate by month (%) 8
Graph 23 Chinese aluminum fluoride output by month (Tonne) 9
Graph 24 Chinese aluminum fluoride output by major regions by month (Tonne) 9
Graph 25 Chinese primary aluminum outputs by month (kt) 9
Graph 26 Chinese primary aluminum outputs by region and month (kt) 9
Graph 27 Chinese secondary aluminum alloy output by month (unit: kt) 10
Graph 28 Chinese secondary aluminum alloy outputs by month and region (unit: kt) 10
Graph 29 Chinese bauxite imports by month (KT) 10
Graph 30 Chinese bauxite imports by year (KT) 10
Graph 31 Chinese bauxite imports by major countries by year (KT) 11
Graph 32 Chinese alumina imports by month (KT) 11
Graph 33 Chinese alumina imports by major countries by month (KT) 11
Graph 34 Chinese aluminum fluoride exports by month (Tonne) 12
Graph 35 Chinese aluminum fluoride exports by major countries by month (Tonne) 12
Graph 36 Chinese aluminum alloy exports by month (unit: ton) 13
Graph 37 Chinese aluminum alloy exports by region and month (unit: ton) 13
Graph 38 China's aluminum scrap imports by month (kt) 14
Graph 39 China's monthly aluminum scrap imports by country/region (kt): 14
Graph 40 Chinese imported bauxite stocks by month (KT) 15
Graph 41 Chinese demand for imported bauxite by month (KT) 15

Table 1 Chinese primary aluminum outputs by month in Jan (ton): 9
Table 2 Chinese bauxite imports in December (Tonne) 11
Table 3 Major bauxite importers in December 2017 11
Table 4 Chinese alumina imports in December (Tonne) 12
Table 5 Major Chinese alumina importers in December of 2017 12
Table 6 Chinese aluminum fluoride exporters in December 2017 13
Table 7 Chinese top ten secondary aluminum alloy exporters in Dec 2017 13
Table 8 Chinese secondary aluminum alloy exporters in Dec 2017 13
Table 9 Statistics on China's aluminum scrap imports by country/region: 14
Table 10 Chinese top ten aluminum scrap importers in Dec 2017 14
Table 11 Chinese aluminum scrap importers in Dec 2017 14

.Asian Metal Copyright5% EXW price trend in Shanxi RMBt 4 Graph 4 Alumina 98Asian Metal Copyright