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  • Monthly Fused Alumina Market Report Feb 2023

    2023-03-13 18:11:40   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.


    Contents

    1 Market Highlights 3
    2 Economy and Policy 3
    2.1 Henan stops listing refractory materials as energy-intensive and high-emission projects 3
    2.2 MEE: Nearly 60% of rectification plan for second round of central environmental supervision completed 3
    3 Market Movement 3
    3.1 Chinese Market 3
    3.1.2 Brown fused alumina 95%min F36 EXW China 3
    3.1.3 White fused alumina 99%min 1-3mm EXW China 3
    3.1.4 White fused alumina 99%min F36 EXW China 3
    3.2 Chinese Export Market 4
    3.2.1 Brown fused alumina 95%min 1-3mm FOB China 4
    3.2.2 Brown fused alumina 95%min F36 FOB China 4
    3.2.3 White fused alumina 99%min 1-3mm FOB China 4
    3.2.4 White fused alumina 99%min F36 FOB China 4
    3.3 International Market 4
    3.3.1 Brown fused alumina 95%min 1-3mm EXW India 4
    3.3.2 Brown fused alumina 95%min F36 EXW India 4
    3.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam 5
    3.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 5
    4 Company news 5
    4.1 Dengfeng Hengxing resumed brown fused alumina production 5
    4.2 Dengfeng Mayi resumed white fused alumina production 5
    4.3 Luoyang Zhan'ao resumed brown fused alumina production 5
    4.3 Zhengzhou Hongxiang resumed white fused alumina production 5
    4.4 Xingyang Rongjin resumed white fused alumina production 5
    4.5 Jining Longteng resumed white fused alumina production 6
    4.6 Guizhou Sanshan plans to resume brown fused alumina production 6
    5 Producer Statistics 6
    5.1 Chinese brown fused alumina producers' statistics 6
    5.1.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China Considering the steady domestic prices, the export prices would move up next month.Asian Metal Copyright2 Chinese brown fused alumina producers' output up by 51.03% MoM in Feb 6
    5.1.Asian Metal Copyright 4.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 8.19% MoM in Feb 6
    5.2 Chinese white fused alumina producers' statistics 7
    5.2.Asian Metal Copyright1 Henan stops listing refractory materials as energy-intensive and high-emission projects On January 28th, the website of Henan Development and Reform Commission issued the Notice on Printing and Distributing the Management Catalog for High Energy-Consumption and High Emission Projects in Henan revised version in 2023.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate up by 25.52% MoM in Feb 7
    5.2.Asian Metal Copyright3 International Market 7.Asian Metal Copyright3 Chinese white fused alumina producers' inventory up by 8.8% MoM in Feb 8
    6 Relevant Industry News 8
    6.1 Calcined bauxite market 8
    6.2 Chinese alumina market 8
    7 Market Outlook for Next Month 8
    7.1 Chinese market 8
    7.1.1 Brown fused alumina 95%min 1-3mm EXW China 8
    7.1.2 Brown fused alumina 95%min F36 EXW China 8
    7.1.3 White fused alumina 99%min 1-3mm EXW China 8
    7.1.4 White fused alumina 99%min F36 EXW China 8
    7.2 Chinese Export Market 8
    7.2.1 Brown fused alumina 95%min 1-3mm FOB China 8
    7.2.2 Brown fused alumina 95%min F36 FOB China 9
    7.2.3 White fused alumina 99%min 1-3mm FOB China 9
    7.2.4 White fused alumina 99%min F36 FOB China 9
    7.3 International Market 9
    7.3.1 Brown fused alumina 95%min 1-3mm EXW India 9
    7.3.2 Brown fused alumina 95%min F36 EXW India 9
    7.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam 9
    7.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 9

















































    1 Market Highlights

    Brown fused alumina:
    Given the weak market demand but firm production costs, most producers firmed their prices this month.

    Considering the stable domestic prices but weak overseas demand, most exporters insisted on their prices this month.

    White fused alumina:
    Given the rising alumina prices, most producers lifted their prices this month.

    Most exporters lifted their prices on basis of the rising domestic prices.

    2 Economy and Policy

    2.1 Henan stops listing refractory materials as energy-intensive and high-emission projects
    On January 28th, the website of Henan Development and Reform Commission issued the Notice on Printing and Distributing the Management Catalog for High Energy-Consumption and High Emission Projects in Henan (revised version in 2023). The notice makes it clear that refractory materials are no longer listed as energy-intensive and high-emission projects.

    This policy would encourage more investment into fused alumina market and more producers back to market.

    2.2 MEE: Nearly 60% of rectification plan for second round of central environmental supervision completed
    According to the Ministry of Ecology and Environment (MEE), on February 9, 2023, Jiangsu, Inner Mongolia and Tibet announced their rectification plans. So far, the second round of the rectification plan of the central ecological and environmental protection supervision are all made public.Asian Metal Copyright2.Asian Metal Copyright A total of 2,164 rectification tasks were specified in the second round of the rectification plan, and 1,275 tasks were completed by the end of 2022 according to the dispatching situation, with a completion rate of nearly 60%.Asian Metal Copyright3.Asian Metal Copyright The remaining rectification tasks are being actively and orderly promoted.

    The temporary completion of environmental supervision activity would boost the operating rate of fused alumina companies.

    3 Market Movement

    3.1 Chinese Market

    By the end of February, the mainstream prices of Chinese brown fused alumina 95%min 1-3mm stood at RMB4,900-5,100/t (USD723-752/t) Inc-VAT EXW D/A 180 days, unchanged MoM. Despite the weak market demand, supported by the firm production costs, most producers stuck to their prices this month.

    Prices of brown fused alumina 95%min 1-3mm EXW China from 2023-01-01 to 2023-02-28 (RMB/t)


    3.1.2 Brown fused alumina 95%min F36 EXW China
    In late February, the mainstream prices of Chinese brown fused alumina 95%min F36 stood at RMB5,400-5,600/t (USD796-825/t) Inc-VAT EXW D/P, unchanged MoM. In spite of the weak market demand, based on the firm production costs, most producers firmed their prices this month.

    Prices of brown fused alumina 95%min F36 EXW China from 2023-01-01 to 2023-02-28 (RMB/t)


    3.1.3 White fused alumina 99%min 1-3mm EXW China
    By the end of February, the mainstream prices of white fused alumina 99%min 1-3mm stood at RMB4,550-4,650/t (USD671-686/t) Inc-VAT EXW D/P, unchanged MoM. In spite of the weak market demand, based on the firm production costs, most producers firmed their prices this month.

    Prices of white fused alumina 99%min 1-3mm EXW China from 2023-01-01 to 2023-02-28 (RMB/t)


    3.1.4 White fused alumina 99%min F36 EXW China
    In late February, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,950-5,150/t (USD730-759/t) Inc-VAT EXW D/P, unchanged MoM. In spite of the weak market demand, based on the firm production costs, most producers firmed their prices this month.

    Prices of white fused alumina 99%min F36 EXW China from 2023-01-01 to 2023-02-28 (RMB/t)


    3.2 Chinese Export Market

    3.2.1 Brown fused alumina 95%min 1-3mm FOB China
    By the end of February, the mainstream export prices of Chinese brown fused alumina 95%min 1-3mm stood at USD720-740/t Ex-VAT FOB China, unchanged MoM. Owing to the stable domestic prices, most exporters firmed their prices.

    Price trend of brown fused alumina 95%min 1-3mm FOB China from 2023-01-01 to 2023-02-28 (USD/t)


    3.2.2 Brown fused alumina 95%min F36 FOB China
    In late February, the mainstream export prices of Chinese brown fused alumina F36 stayed at USD790-810/t FOB China, down by USD10/t MoM. Due to the weak market demand, most exporters cut their prices to boost sales.

    Price trend of brown fused alumina 95%min F36 FOB China from 2023-01-01 to 2023-02-28 (USD/t)


    3.2.3 White fused alumina 99%min 1-3mm FOB China
    By the end of February, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD650-670/t FOB China, unchanged MoM. Supported by the stable domestic prices and, most exporters firmed their prices this month.

    Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-01-01 to 2023-02-28 (USD/t)


    3.2.4 White fused alumina 99%min F36 FOB China

    In late February, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD730-750/t FOB China, unchanged MoM. Supported by the stable domestic prices, most exporters firmed their prices in the past month.

    Price trend of white fused alumina 99%min F36 FOB China from 2023-01-01 to 2023-02-28 (USD/t)


    3.3 International Market

    3.3.1 Brown fused alumina 95%min 1-3mm EXW India
    By the end of February, the mainstream prices of brown fused alumina 95%min 1-3mm in Indian market stayed at INR88,500-89,500/t Inc-VAT EXW T/T 45 days, unchanged MoM. Despite the weak market demand, most Indian producers kept their prices stable supported by the firm raw material prices.

    Price trend of brown fused alumina 95%min 1-3mm EXW India from 2023-01-01 to 2023-02-28 (INR/t)


    3.3.2 Brown fused alumina 95%min F36 EXW India
    By the end of February, the mainstream prices of brown fused alumina 95%min F36 in Indian market stood at INR94,500-95,500/t Inc-VAT EXW T/T 45 days, unchanged MoM. Despite the weak market demand, most Indian producers firmed their prices supported by the high production costs.

    Price trend of brown fused alumina 95%min F36 EXW India from 2023-01-01 to 2023-02-28 (INR/t)


    3.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam
    In late February, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR850-900/t T/T 30 days in Warehouses Rotterdam, unchanged MoM. Based on the stable prices from Chinese suppliers, most suppliers in European stuck to their prices this month.

    Price trend of brown fused alumina 95%min 1-3mm in Warehouse Rotterdam from 2023-01-01 to 2023-02-28 (EUR/t)


    3.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam
    By the end of February, the mainstream prices of white fused alumina 99%min 1-3mm hovered at EUR770-820/t in Warehouse Rotterdam, unchanged MoM. Given the weak local market demand but stable prices from Chinese suppliers, most suppliers in European firmed their prices this month.

    Price trend of white fused alumina 95%min 1-3mm in warehouse Rotterdam from 2023-01-01 to 2023-02-28 (EUR/t)


    4 Company news

    4.1 Dengfeng Hengxing resumed brown fused alumina production
    Dengfeng Hengxing Abrasive Materials Co., Ltd.Asian Metal Copyright1.Asian Metal Copyright, a major brown fused alumina producer in China, resumed their production on 1st February due after Spring Festival holiday and plan to produce about 1,000t in February.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm FOB China Considering the stabilized domestic prices, the export prices would increase next month.Asian Metal Copyright They suspended production on 14th January due to the impact of environmental protection inspection and we resumed production yesterday after the Spring Festival vacation", a source from the company revealed, noting that given the influence of environmental protection inspection, they would produce about 1,000t in February.Asian Metal Copyright2 Dengfeng Mayi resumed white fused alumina production Dengfeng Mayi Abrasive Materials Co.Asian Metal Copyright With a production capacity of 110,000tpy, the company produced about 10,000t in 2022, while they produced nearly 12,000t in 2021.Asian Metal Copyright Most exporters lifted their prices on basis of the rising domestic prices.Asian Metal Copyright Currently they keep around 2,000t in stock.

    4.2 Dengfeng Mayi resumed white fused alumina production
    Dengfeng Mayi Abrasive Materials Co., Ltd.Asian Metal Copyright93% and up by 117.Asian Metal Copyright, a major white fused alumina producer in China, resumed production on 31st January after the Spring Festival vacation and predict an output of nearly 2,000t in February.Asian Metal Copyright With a production capacity of 48,000tpy, the company produced about 11,000t in 2022, and they plan to produce around 20,000t in 2023.Asian Metal Copyright They halted production on 16th January to begin our Spring Festival vacation and resumed production 31st January", a source from the company claimed, noting that they expected to produce about 2,000t in February.Asian Metal Copyright In spite of the weak market demand, based on the firm production costs, most producers firmed their prices this month.Asian Metal Copyright With a production capacity of 48,000tpy, the company produced about 11,000t in 2022, and they plan to produce around 20,000t in 2023.Asian Metal Copyright Chinese brown fused alumina producers' inventory from Feb 2022 to Feb 2023t In February 2023, the brown fused alumina producers' inventory in Guizhou was 14,600t, down by 16.Asian Metal Copyright Currently they hold a stock of nearly 3,000t.

    4.3 Luoyang Zhan'ao resumed brown fused alumina production
    Luoyang Zhan'ao New Materials Co., Ltd.Asian Metal Copyright In spite of the weak market demand, based on the firm production costs, most producers firmed their prices this month.Asian Metal Copyright, a major brown fused alumina producer in China, resumed production on 31st January after the Spring Festival holiday and expecting an output of nearly 800t in February.Asian Metal Copyright Chinese brown fused alumina producers' inventory from Feb 2022 to Feb 2023t In February 2023, the brown fused alumina producers' inventory in Guizhou was 14,600t, down by 16.Asian Metal CopyrightThey halted production in on 10th January owing to environmental protection inspection and resumed on 31st January", a source from the company disclosed, noting that in consideration of the environmental protection inspection, they expect to produce about only 800t this month.Asian Metal Copyright2.Asian Metal Copyright With a production capacity of 30,000tpy, the company produced about 10,000t in 2022 compared to about 12,000t in 2021.Asian Metal Copyright2 Chinese alumina market In late February, the mainstream prices of Chinese metallurgy grade alumina stood at RMB2,870t-2,970t USD411-426t EXW DP, down by RMB10t USD1.Asian Metal Copyright Currently they hold an inventory of nearly 300t.

    4.3 Zhengzhou Hongxiang resumed white fused alumina production
    A major white fused alumina producer in China, Zhengzhou Hongxiang Refractory Materials Co., Ltd.Asian Metal Copyright2 Brown fused alumina 95%min F36 FOB China Given the flattened domestic prices, the export prices would rise next month.Asian Metal Copyright resumed production on 2nd February after the Spring Festival holiday and they plan to produce about 1,200t in February.Asian Metal Copyright3.Asian Metal Copyright They suspended production on 4th January due to environmental protection inspection and resumed production 2nd February after the Spring Festival holiday", a source from the company revealed, noting that they would produce about 1,200t this month.Asian Metal Copyright2.Asian Metal Copyright With a production capacity of 25,000tpy, the company produced around 20,000t in 2022, on par with 2021.Asian Metal Copyright20% YoY; that in Shanxi was 15,700t, down by 4.Asian Metal Copyright They hold an inventory of nearly 300t at present.

    4.4 Xingyang Rongjin resumed white fused alumina production
    Xingyang Rongjin White Fused Alumina Co., Ltd.Asian Metal Copyright Price trend of alumina 97.Asian Metal Copyright, a major white fused alumina producer in China, resumed production on 6th February after Spring Festival vacation and predict an output of nearly 1,800t in February.Asian Metal Copyright2.Asian Metal Copyright They halted production on 16th January for Spring Festival vacation and resumed production since 6th February", a source from the company claimed, noting that they expect to produce about 1,800t in February.Asian Metal Copyright 7.Asian Metal Copyright With a production capacity of 55,000tpy, the company produced about 18,000t in 2022, while they produced around 17,000t in 2021.Asian Metal Copyright3.Asian Metal Copyright Currently they hold a stock of nearly 300t.

    4.5 Jining Longteng resumed white fused alumina production
    Jining Longteng Abrasive Materials Co., Ltd.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 8.Asian Metal Copyright, a major white fused alumina producer in China, resumed production on 6th February after Spring Festival vacation and expect to produce nearly 1,500t in February.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China In late February, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,950-5,150t USD730-759t Inc-VAT EXW DP, unchanged MoM.Asian Metal Copyright They halted production on 15th January for the Spring Festival holiday and resumed production on 6th February after the holiday", a source from the company claimed, noting that they expect an output of nearly 1,500t this month.Asian Metal Copyright They suspended production on 14th January due to the impact of environmental protection inspection and we resumed production yesterday after the Spring Festival vacation", a source from the company revealed, noting that given the influence of environmental protection inspection, they would produce about 1,000t in February.Asian Metal Copyright With a production capacity of 27,000tpy, the company produced around 14,000t in 2022, while they produced almost 10,000t in 2021.Asian Metal Copyright This policy would encourage more investment into fused alumina market and more producers back to market.Asian Metal Copyright Right now they hold a stock of about 500t.

    4.6 Guizhou Sanshan plans to resume brown fused alumina production
    Guizhou Sanshan Grinding Materials Co., Ltd.Asian Metal Copyright 4.Asian Metal Copyright, a major brown fused alumina producer in China, plans to resume their production on 27th February and plan to produce about 1,500t next month.Asian Metal Copyright2 Brown fused alumina 95%min F36 EXW India 4 3.Asian Metal Copyright They suspended production on 14th January due to the power supply shortage and consider to resume production next Monday after the power supply recovered", a source from the company revealed, noting that they plan to produce about 1,500t in March after production resumption.Asian Metal Copyright2 Dengfeng Mayi resumed white fused alumina production Dengfeng Mayi Abrasive Materials Co.Asian Metal Copyright With a production capacity of 160,000tpy, the company produced about 28,000t in 2022, and they expect to keep same production volume in 2023.Asian Metal Copyright2 MEE: Nearly 60% of rectification plan for second round of central environmental supervision completed 3 3 Market Movement 3 3.Asian Metal Copyright Currently they keep around 1,200t in stock.

    5 Producer Statistics

    5.1 Chinese brown fused alumina producers' statistics

    5.1.Asian Metal Copyright08% YoY.Asian Metal Copyright1 Chinese brown fused alumina producers' operating rate up by 8.33% MoM in Feb
    In February 2023, China's operating rate of brown fused alumina producers was 24.66%, up by 8.Asian Metal Copyright00% YoY.Asian Metal Copyright33% MoM and up by 0.Asian Metal Copyright52% MoM in Feb In February 2023, Chinese white fused alumina producers' operating rate was 40.Asian Metal Copyright89% YoY.

    Chinese brown fused alumina producers' operating rate from Feb 2022 to Feb 2023 (t)


    In February 2023, the operation rate of producers in Guizhou was 16.57%, up by 5.Asian Metal Copyright66% YoY; that in other area was 50.Asian Metal Copyright09% MoM and down by 14.Asian Metal Copyright Price trend of brown fused alumina 95%min 1-3mm in Warehouse Rotterdam from 2023-01-01 to 2023-02-28 EURt 3.Asian Metal Copyright86% YoY; that in Henan was 20.Asian Metal Copyright4 Xingyang Rongjin resumed white fused alumina production 5 4.Asian Metal Copyright2%, up by 9.Asian Metal Copyright, Ltd.Asian Metal Copyright65% MoM and down by 6.Asian Metal Copyright2 MEE: Nearly 60% of rectification plan for second round of central environmental supervision completed According to the Ministry of Ecology and Environment MEE, on February 9, 2023, Jiangsu, Inner Mongolia and Tibet announced their rectification plans.Asian Metal Copyright56% YoY; that in Shanxi was 44.Asian Metal Copyright8% YoY.Asian Metal Copyright58%, up by 2.Asian Metal Copyright03% MoM and up by 1.Asian Metal Copyright6% MoM and down by 7.Asian Metal Copyright Currently they hold an inventory of nearly 300t.Asian Metal Copyright66% YoY; that in other area was 50.Asian Metal Copyright33% MoM and up by 0.Asian Metal Copyright45%, unchanged MoM and up by 0.Asian Metal Copyright1 Calcined bauxite market In late February, the mainstream prices of Chinese dead-burnt calcined bauxite by rotary kilns 85%min 1-3mm stood at RMB2,750-2,850t USD397-411t Inc-VAT EXW TT 100% done on Friday, up by RMB100t USD14t from late last month.Asian Metal Copyright86% YoY.

    Chinese brown fused alumina producers' operating rate from Feb 2022 to Feb 2023 (t)


    5.1.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China By the end of February, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD650-670t FOB China, unchanged MoM.Asian Metal Copyright2 Chinese brown fused alumina producers' output up by 51.03% MoM in Feb
    In February 2023, Chinese brown fused alumina producers' output was 67,360t, up by 51.03% MoM and up by 1.Asian Metal Copyright1.Asian Metal Copyright6% YoY.

    Chinese brown fused alumina producers' output from Feb 2022 to Feb 2023


    Chinese brown fused alumina producers' output by province from
    Feb 2022 to Feb 2023


    In February 2023, in Guizhou was 12,700t, up by 44.31% MoM and down by 47.Asian Metal Copyright1.Asian Metal Copyright30% YoY; that in Shanxi was 12,000t, up by 6.Asian Metal Copyright1.Asian Metal Copyright19% MoM and down by 7.Asian Metal Copyright14% YoY.Asian Metal Copyright69% YoY; that in Henan was 28,660t, up by 172.Asian Metal Copyright Currently they hold an inventory of nearly 300t.Asian Metal Copyright95% MoM and up by 101.Asian Metal Copyright 4.Asian Metal Copyright83% YoY; that in other area was 14,000t, unchanged MoM and down by 6.Asian Metal Copyright Chinese brown fused alumina producers' inventory from Feb 2022 to Feb 2023t In February 2023, the brown fused alumina producers' inventory in Guizhou was 14,600t, down by 16.Asian Metal Copyright67% YoY.

    5.1.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 8.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 8.19% MoM in Feb
    In February2023, Chinese brown fused alumina producers' inventory was 82,900t, down by 8.19% MoM and up by 28.Asian Metal Copyright Owing to the stable domestic prices, most exporters firmed their prices.Asian Metal Copyright13% YoY.

    Chinese brown fused alumina producers' inventory from Feb 2022 to Feb 2023(t)


    In February 2023, the brown fused alumina producers' inventory in Guizhou was 14,600t, down by 16.09% MoM and down by 53.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate up by 25.Asian Metal Copyright20% YoY; that in Shanxi was 15,700t, down by 4.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China In late February, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,950-5,150t USD730-759t Inc-VAT EXW DP, unchanged MoM.Asian Metal Copyright84% MoM and up by 14.Asian Metal Copyright1 Henan stops listing refractory materials as energy-intensive and high-emission projects 3 2.Asian Metal Copyright60% YoY; that in Henan was 35,600t, down by 9.Asian Metal Copyright3.Asian Metal Copyright64% MoM and up by 356.Asian Metal Copyright .Asian Metal Copyright41% YoY; that in other area was 17,000t, unchanged MoM, up by 41.Asian Metal Copyright89% YoY.Asian Metal Copyright66% YoY.

    Chinese brown fused alumina producers' inventory by province from
    Feb 2022 to Feb 2023(t)


    5.2 Chinese white fused alumina producers' statistics

    5.2.Asian Metal Copyright2.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate up by 25.52% MoM in Feb
    In February 2023, Chinese white fused alumina producers' operating rate was 40.18%, up by 25.Asian Metal Copyright 4.Asian Metal Copyright52% MoM and up by 20.Asian Metal Copyright In spite of the weak market demand, based on the firm production costs, most producers firmed their prices this month.Asian Metal Copyright08% YoY.

    Chinese white fused alumina producers' operating rate from Feb 2022 to Feb 2023 (%)


    In February 2023, the operating rate of white fused alumina producers in Henan was 42.86%, up by 18.Asian Metal Copyright Price trend of white fused alumina 95%min 1-3mm in warehouse Rotterdam from 2023-01-01 to 2023-02-28 EURt 4 Company news 4.Asian Metal Copyright74% MoM and up by 20.Asian Metal Copyright In spite of the weak market demand, based on the firm production costs, most producers firmed their prices this month.Asian Metal Copyright54% YoY; that in Shandong was 35.Asian Metal Copyright Chinese white fused alumina producers' output by province from Feb 2022 to Feb 2023 t 5.Asian Metal Copyright64%, up by 11.Asian Metal Copyright2 Chinese white fused alumina producers' statistics 7 5.Asian Metal Copyright71% MoM and up by 19.Asian Metal Copyright54% YoY; that in Shandong was 35.Asian Metal Copyright04% YoY; that in other area was 48%, unchanged MoM, up by 28.Asian Metal Copyright Prices of brown fused alumina 95%min F36 EXW China from 2023-01-01 to 2023-02-28 RMBt 3.Asian Metal Copyright8% YoY.

    Chinese white fused alumina producers' operating rates by province from Feb 2022 to Feb 2023


    5.2.Asian Metal Copyright 6 Relevant Industry News 6.Asian Metal Copyright2 Chinese white fused alumina producers' output up by 62.95% MoM in Feb
    In February 2023, Chinese white fused alumina producers' output was 81,150t, up by 62.95% MoM and up by 102.Asian Metal Copyright1 Chinese brown fused alumina producers' statistics 6 5.Asian Metal Copyright87% YoY.

    Chinese white fused alumina producers' output from Feb 2022 to Feb 2023


    In February 2023, the white fused alumina producers' output in Henan was 50,650t, up by 77.71% MoM and up by 94.Asian Metal Copyright3.Asian Metal Copyright06% YoY; that in Shandong was 28,000t, up by 48.Asian Metal Copyright3 Zhengzhou Hongxiang resumed white fused alumina production 5 4.Asian Metal Copyright93% and up by 117.Asian Metal Copyright1.Asian Metal Copyright05% YoY; that in other area was 2,500t, unchanged MoM and up by 150% YoY.

    Chinese white fused alumina producers' output by province from Feb 2022 to Feb 2023 (t)


    5.2.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China By the end of February, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD650-670t FOB China, unchanged MoM.Asian Metal Copyright3 Chinese white fused alumina producers' inventory up by 8.8% MoM in Feb
    In February 2023, Chinese white fused alumina producers' inventory was 48,200t, up by 8.8% MoM and up by 123.Asian Metal Copyright2 Brown fused alumina 95%min F36 EXW China 3 3.Asian Metal Copyright14% YoY.

    Chinese white fused alumina producers' inventory from Feb 2022 to Feb 2023 (t)


    Chinese white fused alumina producers' inventory by province from
    Feb 2022 to Feb 2023 (t)


    In February 2023, the white fused alumina producers' inventory in Henan was 30,800t, up by 4.76% MoM and up by 156.Asian Metal Copyright, Ltd.Asian Metal Copyright67% YoY; that in Shandong was 16,300t, up by 18.Asian Metal Copyright1.Asian Metal Copyright12% MoM and up by 79.Asian Metal Copyright3.Asian Metal Copyright12% YoY; that in other area was 1,100t, unchanged MoM and up by 120.Asian Metal Copyright19% MoM and up by 28.Asian Metal Copyright00% YoY.

    6 Relevant Industry News

    6.1 Calcined bauxite market
    In late February, the mainstream prices of Chinese dead-burnt calcined bauxite by rotary kilns 85%min 1-3mm stood at RMB2,750-2,850/t (USD397-411/t) Inc-VAT EXW T/T 100% done on Friday, up by RMB100/t (USD14/t) from late last month. The high prices of calcined bauxite led to firm production cost of brown fused alumina

    Calcined bauxite -rotary kilns 85%min 1-3mm EXW price trend from 2023-01-01 to 2023-02-28(RMB/t)


    6.2 Chinese alumina market
    In late February, the mainstream prices of Chinese metallurgy grade alumina stood at RMB2,870/t-2,970/t (USD411-426/t) EXW D/P, down by RMB10/t (USD1.4/t) MoM.Asian Metal Copyright 4.Asian Metal Copyright The high alumina prices lead to the firm production cost of white fused alumina.

    Price trend of alumina 97.5%min EXW China from 2023-01-01 to 2023-02-28 (RMB/t)


    7 Market Outlook for Next Month

    7.1 Chinese market

    7.1.1 Brown fused alumina 95%min 1-3mm EXW China
    As the market prices already decreased close to production cost line, most producers already cut or even halted production rather than lowering their prices further next month.

    7.1.2 Brown fused alumina 95%min F36 EXW China
    As the market prices already dropped close to production cost line, most producers already decreased or even suspended production instead of cutting their prices further.

    7.1.3 White fused alumina 99%min 1-3mm EXW China
    As the alumina price keep stable, most producers would firm their prices next month.

    7.1.4 White fused alumina 99%min F36 EXW China
    As the alumina price keep steady, most producers would hold their prices firm next month.

    7.2 Chinese Export Market

    7.2.1 Brown fused alumina 95%min 1-3mm FOB China
    Considering the stabilized domestic prices, the export prices would increase next month.

    7.2.2 Brown fused alumina 95%min F36 FOB China
    Given the flattened domestic prices, the export prices would rise next month.

    7.2.3 White fused alumina 99%min 1-3mm FOB China
    Considering the steady domestic prices, the export prices would move up next month.

    7.2.4 White fused alumina 99%min F36 FOB China
    Considering the stable domestic prices, the export prices would go up next month.

    7.3 International Market

    7.3.1 Brown fused alumina 95%min 1-3mm EXW India
    Though the prices in Chinese market decreased, most Indian producers still intend to keep their prices firm based on firm production cost and no inventory pressure.

    7.3.2 Brown fused alumina 95%min F36 EXW India
    Though the prices in Chinese market decreased, most Indian producers still intend to keep their prices firm based on firm production cost and no inventory pressure.

    7.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam
    Based on the decreasing prices in Chinese export market, the prices in Europe would move down next month.

    7.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam
    Based on reducing prices in Chinese export market, the prices in Europe would decrease next month.



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