Monthly Aluminum Market Report Sep 2020
2020-10-15 18:37:24 【Print】
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1 Market Highlights
1.1 Chinese origin bauxite
In September, prices for Chinese origin bauxite edged up and the demand was strong, but the supply was still tight.
1.2 Imported bauxite
In September, bauxite transactions were limited, the sea freight continued to be high and the price increased as a whole.
1.3 Aluminum fluoride
In September, prices for aluminum fluoride in China went up slightly, but the inventory increased with the rise of operating rate late this month.
1.4 Alumina
This month, the alumina market in China kept quiet, most primary aluminum plants held sufficient raw material stocks and had less demand, resulting in limited transactions in the market.
Due to the sluggish domestic market, prices for Australian alumina in the international market edged down this month.
1.5 Aluminum hydroxide
The price of aluminum hydroxide remained stable this month, most consumers still purchased from hand to mouth, and the spot market remained quiet.
1.6 Primary aluminum
This month, the price of primary aluminum was still at a high level. Entering the peak season, downstream consumers are active in purchasing and the spot market sees active transactions. The operating rate of primary aluminum plants continued to rise, while the social inventory of aluminum ingot kept stable.
1.7 Secondary aluminum alloy ingot
In September, the demand for secondary aluminum alloy ingot increased and downstream customers were active in purchasing. The supply of Chinese origin cast aluminum scrap was tight, leading to a sharp increase in the price of secondary aluminum alloy ingot.
1.1 Chinese origin bauxite
In September, prices for Chinese origin bauxite edged up and the demand was strong, but the supply was still tight.
1.2 Imported bauxite
In September, bauxite transactions were limited, the sea freight continued to be high and the price increased as a whole.
1.3 Aluminum fluoride
In September, prices for aluminum fluoride in China went up slightly, but the inventory increased with the rise of operating rate late this month.
1.4 Alumina
This month, the alumina market in China kept quiet, most primary aluminum plants held sufficient raw material stocks and had less demand, resulting in limited transactions in the market.
Due to the sluggish domestic market, prices for Australian alumina in the international market edged down this month.
1.5 Aluminum hydroxide
The price of aluminum hydroxide remained stable this month, most consumers still purchased from hand to mouth, and the spot market remained quiet.
1.6 Primary aluminum
This month, the price of primary aluminum was still at a high level. Entering the peak season, downstream consumers are active in purchasing and the spot market sees active transactions. The operating rate of primary aluminum plants continued to rise, while the social inventory of aluminum ingot kept stable.
1.7 Secondary aluminum alloy ingot
In September, the demand for secondary aluminum alloy ingot increased and downstream customers were active in purchasing. The supply of Chinese origin cast aluminum scrap was tight, leading to a sharp increase in the price of secondary aluminum alloy ingot.
