Monthly Fused Alumina Market Report May 2019

Contents

1. Market Highlights 3
2. Economy and Policy 3
2.1 Escalating trade conflict leads to continuous depreciation of RMB in the future 3
2.2 Iron & Steel and other industries in Zhengzhou to be exempted from production suspension when meeting the standard ultra-low emission before the end of October 3
2.3 Office of the Security Committee of the State Council: 1,000 non-coal mines without safe production conditions to be closed in 2019 3
2.4 Explosion accident at Dengfeng-based abrasive material plant 3
3 Market Movement 3
3.1 Chinese brown fused alumina prices remain firm at high levels 3
3.1.1 Brown fused alumina producers' operating rate down in Henan 3
3.1.2 Brown fused alumina supply tight in Guizhou with stable price 3
3.2 Spot supply of white fused alumina tight 4
3.3 Chinese brown fused alumina export prices down slightly 4
3.4 Export prices for Chinese white fused alumina up slightly 5
4. Company News 5
4.1 Ruiyuan Fused Alumina to build ten new furnaces for producing white fused alumina 5
4.2 Shenbao Refractory to add annual production capacity of 30,000t of white fused alumina 5
4.3 Jiaxing Technology carries out technical transformation of brown fused alumina smelting furnaces 6
4.4 Kaifa Abrasives halts brown fused alumina production 6
4.5 Henan Xincheng Group launches listing plan 6
4.6 Jinshan Abrasive suspends brown fused alumina smelting furnace production 6
5．Producers Statistics 6
5.1 China's brown fused alumina producers' output down by 10.73% YOY in May 6
5.2 China's white fused alumina producers' output up by 31.07% YOY in May 7
5.3 China's brown fused alumina producers' inventory down by 56.7% YOY in late May 7
5.4 China's white fused alumina producers' inventory up by 18.3 times MOM in late May 8
6. Relevant Industry News 8
6.1 Graphite electrode prices down 8
6.2 Chinese alumina prices rebound greatly 8
7.1 Market Outlook for June 9

Graph content

Graph 1 Prices for brown fused alumina 95%min segment sand 1-3mm in China from Apr to May 2019 (RMB/t) 4
Graph 2 Prices for brown fused alumina 95%min F36 in China from Apr to May 2019 (RMB/t) 4
Graph 3 Prices for white fused alumina 99%min segment sand 1-3mm in China from Apr to May 2019 (RMB/t) 4
Graph 4 Prices for white fused alumina 99%min F36 in China from Apr to May (RMB/t) 4
Graph 5 FOB prices for Chinese brown fused alumina 95%min segment sand 1-3mm from Apr to May 2019 (USD/t) 5
Graph 6 FOB prices for Chinese brown fused alumina 95%min F36 from Apr to May 2019 (USD/t) 5
Graph 7 FOB prices for Chinese white fused alumina 99%min segment sand 1-3mm from Apr to May 2019 (USD/t) 5
Graph 8 FOB prices for Chinese white fused alumina 99%min F36 from Apr to May 2019 (USD/t) 5
Graph 9 China's brown fused alumina producers' output from May 2018 to May 2019 (kt) 6
Graph 10 China's brown fused alumina producers' output by major province from May 2018 to May 2019 (kt) 7
Graph 11 China's white fused alumina output by month from May 2018 to May 2019 (kt) 7
Graph 12 China's white fused alumina operating rate by province from May 2018 to May 2019 (kt) 7
Graph 13 Chinese brown fused alumina producers' inventory by month from 5/2018 to 5/2019 (t) 7
Graph 14 Chinese brown fused alumina producers' inventory by province by month from 5/2018 to 5/2019 (t) 7
Graph 15 Chinese white fused alumina producers' inventory from May 2018 to May 2019 (t) 8
Graph 16 Chinese white fused alumina producers' inventory by province from May 2018 to May 2019 (t) 8
Graph 17 Chinese RP graphite electrode 400mm price trend from Apr to May 2019 (RMB/t) 8
Graph 18 Chinese HP graphite electrode 500mm price trend from Apr to May 2019 (RMB/t) 8
Graph 19 Alumina price trend in China from Apr to May 2019 (RMB/t) 8
Graph 20 Alumina price trend in Henan from Apr to May 2019 (RMB/t) 9
Graph 21 Alumina price trend in Shandong from Apr to May 2019 (RMB/t) 9


.Asian Metal Copyright73% YOY in May 6 5Asian Metal Copyright