Monthly Aluminum Market Report Feb 2023
2023-03-17 17:05:24 【Print】
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1 Market Highlights 6
1.1 Chinese origin bauxite 6
1.2 Imported bauxite 6
1.3 Alumina 6
1.4 Aluminum fluoride 6
1.5 Primary aluminum 6
1.6 Secondary aluminum alloy ingot 6
1.7 Aluminum bar 6
2 Economy and Policy 6
2.1 Shanxi to release 20 bauxite exploration permits 6
2.2 Vietnam makes final ruling on second mid-term review of anti-dumping against aluminum extrusions from China 6
2.3 Inner Mongolia coal mine collapse leaves more than 50 missing 6
2.4 US detains Chinese aluminum, suspected products of forced labor 6
2.5 U.S. considering 200% tariff on Russian aluminum 6
2.6 China again extends tariff exemptions on some U.S. imported products 6
3 Market Movements 6
3.1.1 Chinese origin bauxite price keeps stable 6
3.1.2 Chinese origin alumina price moves down 6
3.1.3 Australian alumina price moves down 7
3.1.4 Chinese aluminum fluoride price moves down 7
3.1.5 Aluminum hydroxide price edges down 7
3.1.6 Aluminum ingot 99.7%min price declines 7
3.1.7 Chinese aluminum alloy ingot ADC12 market sees weak demand 8
3.1.8 Chinese aluminum alloy ingot A356.2 market sees weak demand 8
3.1.9 Chinese cast aluminum scrap market quiet 8
3.1.10 Chinese aluminum bar 6063 market sees active dealing activities 8
3.2 International Market 9
3.2.1 Guinean bauxite price declines 9
3.2.2 Indonesian bauxite price moves down 9
3.2.3 Australian alumina export price soars 9
3.2.4 Chinese aluminum fluoride export price goes down 10
3.2.5 Import price of cast aluminum alloy ingot declines 10
3.2.6 Chinese aluminum alloy ingot ADC12 export market sees increasing deals 10
3.2.7 Chinese market of imported Zorba aluminum scrap sees rare deals 10
4 Company News 10
4.1 GIG starts construction of ecological aluminum project in Beihai 10
4.2 Sierra Mineral restarts bauxite production 10
4.3 Shaoxing Industrial restarts aluminum fluoride production 11
4.4 Gansu Jiatang starts construction of 6Mtpy alumina project 11
4.5 SOREX secures financing USD300 million for Guinean bauxite project 11
4.6 Tianshan Aluminum acquires mining right of three bauxite mines in Indonesia 11
4.7 Huafeng Group to start aluminum production in Indonesia 11
4.8 Yunnan Qiya Aluminum reduces primary aluminum production 11
4.9 Yuanhao Aluminum to restart remaining primary aluminum capacity 11
4.10 Yongchuang Aluminum resumes secondary aluminum alloy ingot production 11
4.11 Zhongqiang Nonferrous Metals resumes secondary aluminum alloy ingot production 11
4.12 Shuntai Aluminum to increase aluminum bar production 11
4.13 Lizhong Jinshan maintains secondary aluminum alloy ingot production lines 11
4.14 Yinhai Jiahao to see increase in aluminum bar production 12
4.15 Suxi Aluminum to increase aluminum bar production 12
4.16 Zhengyuan New Material formally begins producing secondary aluminum alloy ingot 12
4.17 Hengjingyuan Aluminum to see increase in aluminum bar production 12
4.18 Xinhao Aluminum resumes production at full capacity 12
4.19 Baijin Aluminum to increase aluminum bar production 12
5 Producers' Statistics 12
5.1 Chinese alumina producers' operating rate up by 23.89% YOY in Feb 12
5.2 China's alumina output up by 34.83% YOY in Feb 12
5.3 Chinese aluminum fluoride producers' operating rate up by 93.38% YOY in Feb 13
5.4 China's aluminum fluoride output up by 117.63% YOY in Feb 13
5.5 China's aluminum fluoride inventory up by 82.86% MOM in late Feb 14
5.6 Chinese bauxite producers' operating rate down by 8.35% MOM in Feb 14
5.7 Chinese bauxite producers' output up by 82.01% YOY in Feb 15
5.8 Guinean bauxite producers' operating rate up by 2.13% YOY in Feb 15
5.9 Guinean bauxite producers' output up by 19.79% YOY in Feb 16
5.10 Chinese primary aluminum producers' operating rate records 73.8% in late Feb 16
5.11 China's primary aluminum output up by 6.2% YOY in Feb 16
5.12 China's primary aluminum inventory down by 67.68% MOM in late Feb 17
5.13 Chinese secondary aluminum alloy producers' operating rate records 35.21% in Feb 17
5.14 China's secondary aluminum alloy output up by 48.96% MOM in Feb 18
5.15 China's secondary aluminum alloy inventory down by 8.24% MOM in late Feb 18
5.16 Chinese aluminum bar producers' operating rate records 45.34% in Feb 19
5.17 China's aluminum bar output up by 23.25% MOM in Feb 19
5.18 China's aluminum bar inventory down by 69.87% MOM in late Feb 19
6 Consumers' Statistics 20
6.1 China's consumption of imported bauxite up by 20.60% YOY in Feb 20
6.2 China's inventory of imported bauxite up by 5.48% YOY in late Feb 20
6.3 China's consumption of domestic bauxite up by 21.07% YOY in Feb 21
6.4 China's inventory of domestic bauxite down by 16.94% YOY in late Feb 21
6.5 Chinese primary aluminum producers' alumina consumption up by 6.06% YOY in Feb 22
6.6 Chinese primary aluminum producers' alumina inventory down by 7.74% MOM in late Feb 22
6.7 Chinese secondary aluminum alloy producers' aluminum scrap consumption up by 52.16% MOM in Feb 23
6.8 Chinese secondary aluminum alloy producers' aluminum scrap inventory down by 0.54% MOM in late Feb 23
7. Customs Statistics 24
8 Relevant Industry News 24
8.1 Fluorspar price falls 24
8.2 Liquid caustic soda price moves down sharply 24
9 Market Outlook for Next Month 24
9.1 Chinese market 24
9.1.1 Bauxite Al/Si=5.0 delivered China 24
9.1.2 Alumina 98.5%min EXW China 24
9.1.3 Australian alumina 98.5%min delivered at Chinese ports 24
9.1.4 Aluminum fluoride 61%min EXW China 24
9.1.5 Aluminum hydroxide 64.5%min EXW China 24
9.1.6 Fluorspar dry powder 97%min delivered China 24
9.1.7 Liquid caustic soda 32%min delivered China 25
9.1.8 Aluminum ingot 99.7%min 25
9.1.9 Cast aluminum alloy ingot ADC12 EXW China 25
9.1.10 Aluminum bar 6063 φ120mm EXW in warehouse 25
9.1.11 Aluminum scrap aluminum foundry scrap Al 91%min delivered China 25
9.2 International Market 25
9.2.1 Guinean bauxite Al2O3 45%min SiO2 3%max CIF China 25
9.2.2 Indonesian bauxite Al2O3 47%min ReSiO2 5% CIF China 25
9.2.3 Alumina 98.5%min FOB Australia 25
9.2.4 Aluminum fluoride 61%min FOB China 25
9.2.5 Cast aluminum alloy ingot ADC12 FOB China 25
9.2.6 Aluminum alloy ingot ADC12 FOB China 25
9.2.7 Zorba aluminum scrap 98-1 CIF China 25
1.1 Chinese origin bauxite 6
1.2 Imported bauxite 6
1.3 Alumina 6
1.4 Aluminum fluoride 6
1.5 Primary aluminum 6
1.6 Secondary aluminum alloy ingot 6
1.7 Aluminum bar 6
2 Economy and Policy 6
2.1 Shanxi to release 20 bauxite exploration permits 6
2.2 Vietnam makes final ruling on second mid-term review of anti-dumping against aluminum extrusions from China 6
2.3 Inner Mongolia coal mine collapse leaves more than 50 missing 6
2.4 US detains Chinese aluminum, suspected products of forced labor 6
2.5 U.S. considering 200% tariff on Russian aluminum 6
2.6 China again extends tariff exemptions on some U.S. imported products 6
3 Market Movements 6
3.1.1 Chinese origin bauxite price keeps stable 6
3.1.2 Chinese origin alumina price moves down 6
3.1.3 Australian alumina price moves down 7
3.1.4 Chinese aluminum fluoride price moves down 7
3.1.5 Aluminum hydroxide price edges down 7
3.1.6 Aluminum ingot 99.7%min price declines 7
3.1.7 Chinese aluminum alloy ingot ADC12 market sees weak demand 8
3.1.8 Chinese aluminum alloy ingot A356.2 market sees weak demand 8
3.1.9 Chinese cast aluminum scrap market quiet 8
3.1.10 Chinese aluminum bar 6063 market sees active dealing activities 8
3.2 International Market 9
3.2.1 Guinean bauxite price declines 9
3.2.2 Indonesian bauxite price moves down 9
3.2.3 Australian alumina export price soars 9
3.2.4 Chinese aluminum fluoride export price goes down 10
3.2.5 Import price of cast aluminum alloy ingot declines 10
3.2.6 Chinese aluminum alloy ingot ADC12 export market sees increasing deals 10
3.2.7 Chinese market of imported Zorba aluminum scrap sees rare deals 10
4 Company News 10
4.1 GIG starts construction of ecological aluminum project in Beihai 10
4.2 Sierra Mineral restarts bauxite production 10
4.3 Shaoxing Industrial restarts aluminum fluoride production 11
4.4 Gansu Jiatang starts construction of 6Mtpy alumina project 11
4.5 SOREX secures financing USD300 million for Guinean bauxite project 11
4.6 Tianshan Aluminum acquires mining right of three bauxite mines in Indonesia 11
4.7 Huafeng Group to start aluminum production in Indonesia 11
4.8 Yunnan Qiya Aluminum reduces primary aluminum production 11
4.9 Yuanhao Aluminum to restart remaining primary aluminum capacity 11
4.10 Yongchuang Aluminum resumes secondary aluminum alloy ingot production 11
4.11 Zhongqiang Nonferrous Metals resumes secondary aluminum alloy ingot production 11
4.12 Shuntai Aluminum to increase aluminum bar production 11
4.13 Lizhong Jinshan maintains secondary aluminum alloy ingot production lines 11
4.14 Yinhai Jiahao to see increase in aluminum bar production 12
4.15 Suxi Aluminum to increase aluminum bar production 12
4.16 Zhengyuan New Material formally begins producing secondary aluminum alloy ingot 12
4.17 Hengjingyuan Aluminum to see increase in aluminum bar production 12
4.18 Xinhao Aluminum resumes production at full capacity 12
4.19 Baijin Aluminum to increase aluminum bar production 12
5 Producers' Statistics 12
5.1 Chinese alumina producers' operating rate up by 23.89% YOY in Feb 12
5.2 China's alumina output up by 34.83% YOY in Feb 12
5.3 Chinese aluminum fluoride producers' operating rate up by 93.38% YOY in Feb 13
5.4 China's aluminum fluoride output up by 117.63% YOY in Feb 13
5.5 China's aluminum fluoride inventory up by 82.86% MOM in late Feb 14
5.6 Chinese bauxite producers' operating rate down by 8.35% MOM in Feb 14
5.7 Chinese bauxite producers' output up by 82.01% YOY in Feb 15
5.8 Guinean bauxite producers' operating rate up by 2.13% YOY in Feb 15
5.9 Guinean bauxite producers' output up by 19.79% YOY in Feb 16
5.10 Chinese primary aluminum producers' operating rate records 73.8% in late Feb 16
5.11 China's primary aluminum output up by 6.2% YOY in Feb 16
5.12 China's primary aluminum inventory down by 67.68% MOM in late Feb 17
5.13 Chinese secondary aluminum alloy producers' operating rate records 35.21% in Feb 17
5.14 China's secondary aluminum alloy output up by 48.96% MOM in Feb 18
5.15 China's secondary aluminum alloy inventory down by 8.24% MOM in late Feb 18
5.16 Chinese aluminum bar producers' operating rate records 45.34% in Feb 19
5.17 China's aluminum bar output up by 23.25% MOM in Feb 19
5.18 China's aluminum bar inventory down by 69.87% MOM in late Feb 19
6 Consumers' Statistics 20
6.1 China's consumption of imported bauxite up by 20.60% YOY in Feb 20
6.2 China's inventory of imported bauxite up by 5.48% YOY in late Feb 20
6.3 China's consumption of domestic bauxite up by 21.07% YOY in Feb 21
6.4 China's inventory of domestic bauxite down by 16.94% YOY in late Feb 21
6.5 Chinese primary aluminum producers' alumina consumption up by 6.06% YOY in Feb 22
6.6 Chinese primary aluminum producers' alumina inventory down by 7.74% MOM in late Feb 22
6.7 Chinese secondary aluminum alloy producers' aluminum scrap consumption up by 52.16% MOM in Feb 23
6.8 Chinese secondary aluminum alloy producers' aluminum scrap inventory down by 0.54% MOM in late Feb 23
7. Customs Statistics 24
8 Relevant Industry News 24
8.1 Fluorspar price falls 24
8.2 Liquid caustic soda price moves down sharply 24
9 Market Outlook for Next Month 24
9.1 Chinese market 24
9.1.1 Bauxite Al/Si=5.0 delivered China 24
9.1.2 Alumina 98.5%min EXW China 24
9.1.3 Australian alumina 98.5%min delivered at Chinese ports 24
9.1.4 Aluminum fluoride 61%min EXW China 24
9.1.5 Aluminum hydroxide 64.5%min EXW China 24
9.1.6 Fluorspar dry powder 97%min delivered China 24
9.1.7 Liquid caustic soda 32%min delivered China 25
9.1.8 Aluminum ingot 99.7%min 25
9.1.9 Cast aluminum alloy ingot ADC12 EXW China 25
9.1.10 Aluminum bar 6063 φ120mm EXW in warehouse 25
9.1.11 Aluminum scrap aluminum foundry scrap Al 91%min delivered China 25
9.2 International Market 25
9.2.1 Guinean bauxite Al2O3 45%min SiO2 3%max CIF China 25
9.2.2 Indonesian bauxite Al2O3 47%min ReSiO2 5% CIF China 25
9.2.3 Alumina 98.5%min FOB Australia 25
9.2.4 Aluminum fluoride 61%min FOB China 25
9.2.5 Cast aluminum alloy ingot ADC12 FOB China 25
9.2.6 Aluminum alloy ingot ADC12 FOB China 25
9.2.7 Zorba aluminum scrap 98-1 CIF China 25
