Monthly Aluminum Market Report Jan 2022
2022-02-25 17:37:44 【Print】
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1 Market Highlights
1.1 Chinese origin bauxite
In January, prices for Chinese origin bauxite rebounded slowly. The coal mine disaster in Shanxi led to an increase in security levels, bauxite mines suspended production, and the stocking demand of downstream consumers kept stable.
1.2 Imported bauxite
In January, the price of imported Indonesian bauxite rose because the supply of bauxite in Indonesia decreased during the rainy season. The freight in Guinea fell and the CIF price of bauxite fell.
1.3 Alumina
In January, the price of Chinese origin alumina rebounded rapidly. Due to concerns about the production reduction of alumina plants during the Winter Olympic Games, the stocking demand in the downstream market rebounded rapidly and the price was supported. The price of imported alumina rebounded accordingly.
1.4 Aluminum fluoride
In January, the price of domestic aluminum fluoride fell and the inventory increased, while the downstream demand did not increase. European electrolytic aluminum plants cut production, leading to weakening demand in Europe.
1.5 Primary aluminum
In January, downstream primary aluminum consumers began to stop production one after another for the Spring Festival holiday.
1.6 Secondary aluminum alloy ingot
In early-to-mid January, downstream secondary aluminum alloy ingot consumers were actively for post-festival production, and the market transaction was strong. After the end of stocking of consumers in late January, secondary aluminum alloy ingot producers began to prepare inventory for post-festival production, and had no intention to lower prices.
1.7 Alumina bar
In late January, almost all the downstream building profile enterprises had halted production for the holiday, so the aluminum bar market witnessed a sharp decrease in deals and treatment charges (TCs) for the material kept falling.
1.1 Chinese origin bauxite
In January, prices for Chinese origin bauxite rebounded slowly. The coal mine disaster in Shanxi led to an increase in security levels, bauxite mines suspended production, and the stocking demand of downstream consumers kept stable.
1.2 Imported bauxite
In January, the price of imported Indonesian bauxite rose because the supply of bauxite in Indonesia decreased during the rainy season. The freight in Guinea fell and the CIF price of bauxite fell.
1.3 Alumina
In January, the price of Chinese origin alumina rebounded rapidly. Due to concerns about the production reduction of alumina plants during the Winter Olympic Games, the stocking demand in the downstream market rebounded rapidly and the price was supported. The price of imported alumina rebounded accordingly.
1.4 Aluminum fluoride
In January, the price of domestic aluminum fluoride fell and the inventory increased, while the downstream demand did not increase. European electrolytic aluminum plants cut production, leading to weakening demand in Europe.
1.5 Primary aluminum
In January, downstream primary aluminum consumers began to stop production one after another for the Spring Festival holiday.
1.6 Secondary aluminum alloy ingot
In early-to-mid January, downstream secondary aluminum alloy ingot consumers were actively for post-festival production, and the market transaction was strong. After the end of stocking of consumers in late January, secondary aluminum alloy ingot producers began to prepare inventory for post-festival production, and had no intention to lower prices.
1.7 Alumina bar
In late January, almost all the downstream building profile enterprises had halted production for the holiday, so the aluminum bar market witnessed a sharp decrease in deals and treatment charges (TCs) for the material kept falling.
