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  • Monthly Fused Alumina Market Report Jun 2023

    2023-07-12 08:47:42   【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
    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 Guangxi Pingguo halted brown fused alumina production 5
    4.2 Gongyi Sanxing suspended white fused alumina production 5
    4.3 Xingyang Tenai suspended white fused alumina production 5
    4.4 Gongyi Yuhai resumed brown fused alumina production 5
    4.5 Jiaozuo Dehang suspended white fused alumina production 5
    4.6 Guizhou Yinxing stopped brown fused alumina production 6
    4.7 Luoyang Zhanao halts brown fused alumina production 6
    5 Producer Statistics 6
    5.1 Chinese brown fused alumina producers' statistics 6
    5.1.Asian Metal Copyright1.Asian Metal Copyright2 Chinese brown fused alumina producers' output down by 11.86% MoM in June 6
    5.1.Asian Metal Copyright3 Chinese white fused alumina producers' inventory up by 10.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory up by 6.17% MoM in June 7
    5.2 Chinese white fused alumina producers' statistics 7
    5.2.Asian Metal Copyright85% YoY; that in other area was 38.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate down by 2.27% MoM in June 7
    5.2.Asian Metal Copyright07mt in the same period last year and USD1,139.Asian Metal Copyright3 Chinese white fused alumina producers' inventory up by 10.74% MoM in June 8
    6 Custom Statistics 8
    6.1 China's brown fused alumina export volume fell 20.76% YoY in May 2023 8
    6.2 China's white fused alumina export volume rose 46.01% MoM in May 2023 9
    7 Relevant Industry News 10
    8 Market Outlook for Next Month 10
    8.1 Chinese Market 10
    8.1.1 Brown fused alumina 95%min 1-3mm EXW China 10
    8.1.2 Brown fused alumina 95%min F36 EXW China 10
    8.1.3 White fused alumina 99%min 1-3mm EXW China 10
    8.1.4 White fused alumina 99%min F36 EXW China 10
    8.2 Chinese Export Market 10
    8.2.1 Brown fused alumina 95%min 1-3mm FOB China 10
    8.2.2 Brown fused alumina 95%min F36 FOB China 10
    8.2.3 White fused alumina 99%min 1-3mm FOB China 10
    8.2.4 White fused alumina 99%min F36 FOB China 10
    8.3 International Market 10
    8.3.1 Brown fused alumina 95%min 1-3mm EXW India 10
    8.3.2 Brown fused alumina 95%min F36 EXW India 10
    8.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam 10
    8.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 10



























    1 Market Highlights

    Brown fused alumina:
    Despite the sluggish market demand, given the firm production costs, most producers firm their prices this month.

    Though the weak market demand, owing to the firm domestic prices, most exporters firm their prices.

    Considering the stable prices from Chinese competitors, most Indian producers cut their prices this week to maintain sales.

    Based on the declined prices from Chinese suppliers and weak demand, most suppliers in European lower their prices this month.

    White fused alumina:
    Despite the stable alumina prices, given the sluggish demand, most producers cut their prices this month to compete for orders.

    Most exporters cut their prices to boost sales on basis of the reduced domestic prices and weak Market demand.

    Based on the declined prices from Chinese suppliers and weak demand, most suppliers in European lower their prices this month.





    2 Economy and Policy

    2.1 China to scale up medium and long-term lending toward manufacturing sector
    China is ready to unleash the potential of consumption further and create a consumption supply system of high-quality, said an official from the National Development and Reform Commission (NDRC) at a news conference held on June 17. According to NDRC, new efforts will be put in place to stabilize and expand investment in manufacturing.Asian Metal Copyright2.Asian Metal Copyright Efforts will also be made in providing more medium- and long-term loans towards manufacturing to realize high-quality growth of the sector.

    2.2 Ministry of Commerce: China's outward non-financial direct investment up by 26.6% YOY in Jan-Apr
    On June 22, the Ministry of Commerce released the data showing that from January to April 2023, China's outward investment continued to grow, with outward non-financial direct investment reaching RMB289.29 billion, a year-on-year increase of 26.Asian Metal Copyright07% YoY and up 8.Asian Metal Copyright6% (equivalent to USD42.Asian Metal Copyright92mt in the same period last year, down 6.Asian Metal Copyright19 billion, a year-on-year increase of 17.Asian Metal Copyright08% MoM.Asian Metal Copyright6%).Asian Metal Copyright3.Asian Metal Copyright The non-financial direct investment of Chinese enterprises in the countries along the "Belt and Road" recorded USD7.Asian Metal Copyright1.Asian Metal Copyright53 billion, up bu 9% YOY, accounting for 17.Asian Metal Copyright3.Asian Metal Copyright8% of the total amount in the same period.



    3 Market Movement

    3.1 Chinese Market

    By the end of June, the mainstream prices of Chinese brown fused alumina 95%min 1-3mm stood at RMB4,500-4,700/t (USD622-649/t) Inc-VAT EXW D/A 180 days, unchanged MoM. Despite the sluggish market demand, given the firm production costs, most producers firm their prices this month.

    Prices of brown fused alumina 95%min 1-3mm EXW China from 2023-05-01 to 2023-06-30 (RMB/t)


    3.1.2 Brown fused alumina 95%min F36 EXW China
    In late June, the mainstream prices of Chinese brown fused alumina 95%min F36 stood at RMB5,000-5,200/t (USD691-719/t) Inc-VAT EXW D/P, unchanged MoM. Despite the sluggish market demand, given the firm production costs, most producers firm their prices this month.

    Prices of brown fused alumina 95%min F36 EXW China from 2023-05-01 to 2023-06-30 (RMB/t)


    3.1.3 White fused alumina 99%min 1-3mm EXW China
    By the end of June, the mainstream prices of white fused alumina 99%min 1-3mm stood at RMB4,280-4,380/t (USD591-605/t) Inc-VAT EXW D/P, down by RMB50/t (USD7/t) MoM. Despite the high production costs, most producers, given the sluggish Market demand, cut their prices this month to compete for orders.


    Prices of white fused alumina 99%min 1-3mm EXW China from 2023-05-01 to 2023-06-30 (RMB/t)


    3.1.4 White fused alumina 99%min F36 EXW China
    In late June, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,600-4,800/t (USD636-663/t) Inc-VAT EXW D/P, down by RMB50/t (USD7/t) MoM. Despite the firm production costs, considering the sluggish Market demand, most producers cut their prices this month to compete for orders.

    Prices of white fused alumina 99%min F36 EXW China from 2023-05-01 to 2023-06-30 (RMB/t)


    3.2 Chinese Export Market

    3.2.1 Brown fused alumina 95%min 1-3mm FOB China
    By the end of June, the mainstream export prices of Chinese brown fused alumina 95%min 1-3mm stood at USD650-670/t Ex-VAT FOB China, unchanged MoM. Though the weak market demand, owing to the firm domestic prices, most exporters firm their prices.

    Price trend of brown fused alumina 95%min 1-3mm FOB China from 2023-05-01 to 2023-06-30 (USD/t)


    3.2.2 Brown fused alumina 95%min F36 FOB China
    In late June, the mainstream export prices of Chinese brown fused alumina F36 stayed at USD720-740/t FOB China, unchanged MoM. Though the weak market demand, owing to the firm domestic prices, most exporters firm their prices.

    Price trend of brown fused alumina 95%min F36 FOB China from 2023-05-01 to 2023-06-30 (USD/t)


    3.2.3 White fused alumina 99%min 1-3mm FOB China
    By the end of June, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD600-620/t FOB China, down by USD15/t MoM. Due to the weak Market demand, most exporters cut their prices to boost sales.

    Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-05-01 to 2023-06-30 (USD/t)


    3.2.4 White fused alumina 99%min F36 FOB China

    In late June, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD650-670/t FOB China, down by USD10/t MoM. Owing to the reduced domestic prices and the weak Market demand, most exporters cut their prices.

    Price trend of white fused alumina 99%min F36 FOB China from 2023-05-01 to 2023-06-30 (USD/t)


    3.3 International Market

    3.3.1 Brown fused alumina 95%min 1-3mm EXW India
    By the end of June, the mainstream prices of brown fused alumina 95%min 1-3mm in Indian Market stayed at INR78,000-79,000/t Inc-VAT EXW T/T 45 days, unchanged from late last week. Considering the stable prices from Chinese competitors, most Indian producers firm their prices this week to maintain sales.

    Price trend of brown fused alumina 95%min 1-3mm EXW India from 2023-05-01 to 2023-06-30 (INR/t)


    3.3.2 Brown fused alumina 95%min F36 EXW India
    By the end of June, the mainstream prices of brown fused alumina 95%min F36 in Indian Market stood at INR79,000-80,000/t Inc-VAT EXW T/T 45 days, unchanged from late last week. Considering the low prices pressure from Chinese competitors, most Indian producers cut their prices this week to maintain sales.

    Price trend of brown fused alumina 95%min F36 EXW India from 2023-05-01 to 2023-06-30 (INR/t)


    3.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam
    In late June, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR690-740/t T/T 30 days in Warehouses Rotterdam, down by EUR15/t MoM. Based on the declined prices from Chinese suppliers and weak demand, most suppliers in European lower their prices this month.

    Price trend of brown fused alumina 95%min 1-3mm in Warehouse Rotterdam from 2023-05-01 to 2023-06-30 (EUR/t)


    3.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam
    By the end of June, the mainstream prices of white fused alumina 99%min 1-3mm hovered at EUR640-690/t in Warehouse Rotterdam, down by EUR30/t MoM. Based on the declined prices from Chinese suppliers and weak demand, most suppliers in European lower their prices this month.

    Price trend of white fused alumina 95%min 1-3mm in warehouse Rotterdam from 2023-05-01 to 2023-06-30 (EUR/t)


    4 Company news

    4.1 Guangxi Pingguo halted brown fused alumina production
    A major brown fused alumina producer in Guangxi, Pingguo Minerals Co., Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright suspended their production in late May due to the sluggish end market demand, produced about 2,000t in May.Asian Metal Copyright04% YoY.Asian Metal Copyright "We resumed production in early April and only produced for two month.Asian Metal Copyright The average price was USD870.Asian Metal Copyright Now we have to stop production again due to the extremely dormant demand", a source from the company stated, adding that they produced about 2,000t a month in the past two month.Asian Metal Copyright Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-05-01 to 2023-06-30 USDt 3.Asian Metal Copyright With a production capacity of 78,000tpy, they produced about 14,000t in 2022 and they expect to produce only 10,000t this year in light of the terrible market demand.Asian Metal Copyright76mt in the same period last year and 2,748.Asian Metal Copyright They keep an inventory of almost 2,000t at present.

    4.2 Gongyi Sanxing suspended white fused alumina production
    Gongyi Sanxing Abrasive Materials Co., Ltd.Asian Metal Copyright87mt in the previous month, up 297.Asian Metal Copyright, a white fused alumina producer in China, halted white fused alumina production in late May due to the slack market demand, producing about 800t in the past month.Asian Metal Copyright China's export volume of white fused alumina in previous 13 months China's export price of white fused alumina in previous 13 months In May 2023, the top three export destinations of white fused alumina for China were United States, India and Japan.Asian Metal Copyright "Due to the sluggish market demand, we had to stop production in the end of May.Asian Metal Copyright48mt of white fused alumina to United States, 1,992.Asian Metal Copyright We could not lower our price further facing the fierce competition", an insider from the company revealed, noting that they had an output of nearly 800t in May.Asian Metal Copyright 8.Asian Metal Copyright With an annual production capacity of 13,500t, they produced about 3,000t in the year of 2022, and they expected to produce same volume in 2023 due to the sluggish demand.Asian Metal Copyright Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-05-01 to 2023-06-30 USDt 3.Asian Metal Copyright Currently they hold around 1,000t in stock.

    4.3 Xingyang Tenai suspended white fused alumina production
    Xingyang Tenai Abrasive Materials Co., Ltd.Asian Metal Copyright 8.Asian Metal Copyright, a major white fused alumina supplier in China, suspended their white fused alumina production this Monday, produced about only 100t this month.Asian Metal Copyright87mt in the previous month, up 297.Asian Metal Copyright "Due to the sluggish market demand, we had terrible sales and barely closed any deals in the past month, so we had to halt production this Monday to avoid stocks accumulation", an insider from the company revealed, noting that they produced about only 100t in June, compared to about 500t in May.Asian Metal Copyright82%, down by 1.Asian Metal Copyright With a production capacity of 36,000tpy, the company produced about 7,000t in the previous year and expected to keep same production scale in 2023.Asian Metal Copyright 5 Producer Statistics 5.Asian Metal Copyright Currently they hold an inventory of nearly 800t.

    4.4 Gongyi Yuhai resumed brown fused alumina production
    A brown fused alumina grain sand producer from Henan, Gongyi Yuhai Fused alumina Co., Ltd.Asian Metal Copyright34% MoM and up by 0.Asian Metal Copyright resumed their production a week ago, planning to produce about 900t in June.Asian Metal Copyright Chinese white fused alumina producers' operating rate from June 2022 to June 2023 % In June 2023, the operating rate of white fused alumina producers in Henan was 38.Asian Metal Copyright "We resumed production about a week ago after we suspended production from mid-April when we had terrible sales and high inventory volume", a source from the company revealed, adding that now they put into production again due to increasing orders and plan to produce about 900t this month.Asian Metal Copyright4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 5 4 Company news 5 4.Asian Metal Copyright With a production capacity of 20,000tpy, they produced about 9,000t in the previous year and they produced about 3,300t this year so far, expecting to produce about 8,000t this year in light of the slack sales in this year so far.Asian Metal Copyright1.Asian Metal Copyright They keep an inventory of almost 1,000t at the moment.

    4.5 Jiaozuo Dehang suspended white fused alumina production
    A major white fused alumina supplier from Henan, Jiaozuo Dehang Abrasive Materials Co., Ltd.Asian Metal Copyright Having a production capacity of 68,000tpy, the company produced about 10,000t last year and produced about 4,000t so far in the first half of 2023.Asian Metal Copyright, stopped their white fused alumina production on 5th June, producing about 1,000t last month.Asian Metal Copyright1 Chinese Market By the end of June, the mainstream prices of Chinese brown fused alumina 95%min 1-3mm stood at RMB4,500-4,700t USD622-649t Inc-VAT EXW DA 180 days, unchanged MoM.Asian Metal Copyright "Because of the sluggish market demand, we experienced fierce prices competition in the past.Asian Metal Copyright, a white fused alumina producer in China, halted white fused alumina production in late May due to the slack market demand, producing about 800t in the past month.Asian Metal Copyright But due to our high production costs, it's impossible to lower prices further down, so we had to halt production to avoid inventory accumulation", a source from the company disclosed, noting that they produced about 1,000t in May.Asian Metal Copyright2.Asian Metal Copyright Having a production capacity of 68,000tpy, the company produced about 10,000t last year and produced about 4,000t so far in the first half of 2023.Asian Metal Copyright Chinese white fused alumina producers' output by province from June 2022 to June 2023 t 5.Asian Metal Copyright Currently they keep an inventory of nearly 800t.

    4.6 Guizhou Yinxing stopped brown fused alumina production
    Guizhou Yinxing New Materials Co., Ltd.Asian Metal Copyright03mt in the same period last year and 31,181.Asian Metal Copyright, a primary brown fused alumina producer from Guizhou, stopped their brown fused alumina production on 15th June due to sluggish downstream demand, with an output of nearly 600t in June.Asian Metal Copyright3.Asian Metal Copyright "We resumed production in early March this year and only produced for three and a half months.Asian Metal Copyright According to NDRC, new efforts will be put in place to stabilize and expand investment in manufacturing.Asian Metal Copyright But due to the extremely sluggish market demand, we had to stop production to avoid inventory accumulation", a source from the company stated, noting that they had almost no orders this month, produced about 600t this month.Asian Metal Copyright41% MoM and down by 22.Asian Metal Copyright With a production capacity of 45,000tpy, the company produced about 15,000t in 2022 while they only produced about 3,600t so far in 2023.Asian Metal Copyright The average price was USD896.Asian Metal Copyright Currently they hold inventory of nearly 1,500t.

    4.7 Luoyang Zhanao halts brown fused alumina production
    A primary brown fused alumina producer in Henan, Luoyang Zhan'ao New Materials Co., Ltd.Asian Metal Copyright60% MoM.Asian Metal Copyright, halted their brown fused alumina production on 15th June given the sluggish market demand and slack sales, with an output of nearly 500t this month.Asian Metal Copyright2 Chinese Export Market 3.Asian Metal Copyright "We only have one furnace in operation this year due to the sluggish market demand.Asian Metal Copyright86mt, USD1,111.Asian Metal Copyright However, given the worse and worse sales, they had to close their only left furnace to avoid inventory accumulation", a source from the company revealed, noting that in light of the high production costs, they now buy lumps to process instead of smelting by themselves.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW China 10 8.Asian Metal Copyright They produced about 500t in June.Asian Metal Copyright34% MoM in June In June 2023, China's operating rate of brown fused alumina producers was 24.Asian Metal Copyright With a production capacity of 30,000tpy, the company produced about 10,000t in 2022 and produced about 4,000t so far this year.Asian Metal Copyright41% YoY; that in Shanxi was 13,200t, down by 8.Asian Metal Copyright Currently they hold an inventory of nearly 400t.


    5 Producer Statistics

    5.1 Chinese brown fused alumina producers' statistics

    5.1.Asian Metal Copyright4 White fused alumina 99%min F36 FOB China Considering the stable domestic prices, the export prices would go up next month.Asian Metal Copyright1 Chinese brown fused alumina producers' operating rate down by 3.34% MoM in June
    In June 2023, China's operating rate of brown fused alumina producers was 24.82%, down by 3.Asian Metal Copyright29% MoM.Asian Metal Copyright34% MoM and up by 0.Asian Metal Copyright1.Asian Metal Copyright01% YoY.

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


    In June 2023, the operation rate of producers in Henan was 20.64%, down by 1.Asian Metal Copyright2 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.Asian Metal Copyright36% MoM and up by 2.Asian Metal Copyright90mt in the previous month, up 16.Asian Metal Copyright27% YoY; that in Guizhou was 19.Asian Metal Copyright In May 2023, China exported USD38,635,680.Asian Metal Copyright96%, down by 5.Asian Metal Copyright00 in the previous month, down 29.Asian Metal Copyright47% MoM and down by 11.Asian Metal Copyright62% YoY; that in other area was 2,000t, unchanged MoM and down by 15% YoY.Asian Metal Copyright34% YoY; that in Shanxi was 37.Asian Metal Copyright82% MoM.Asian Metal Copyright77%, down by 3.Asian Metal Copyright41% YoY.Asian Metal Copyright49% MoM and down by 8.Asian Metal Copyright1 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.Asian Metal Copyright29% YoY; that in other area was 34.Asian Metal Copyright62% YoY; that in other area was 2,000t, unchanged MoM and down by 15% YoY.Asian Metal Copyright04%, down by 16.Asian Metal Copyright White fused alumina: Despite the stable alumina prices, given the sluggish demand, most producers cut their prices this month to compete for orders.Asian Metal Copyright41% MoM and down by 22.Asian Metal Copyright04mt in the previous month, down 63.Asian Metal Copyright16% YoY.

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


    5.1.Asian Metal Copyright07mt in the same period last year and USD1,139.Asian Metal Copyright2 Chinese brown fused alumina producers' output down by 11.86% MoM in June
    In June 2023, Chinese brown fused alumina producers' output was 69,100t, down by 11.86% MoM and down by 17.Asian Metal Copyright4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam By the end of June, the mainstream prices of white fused alumina 99%min 1-3mm hovered at EUR640-690t in Warehouse Rotterdam, down by EUR30t MoM.Asian Metal Copyright04% YoY.

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


    In June 2023, the output in Henan was 28,800t, down by 6.18% MoM and up by 4.Asian Metal Copyright Price trend of brown fused alumina 95%min F36 FOB China from 2023-05-01 to 2023-06-30 USDt 3.Asian Metal Copyright34% YoY; that in Guizhou was 15,300t, down by 21.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China By the end of June, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD600-620t FOB China, down by USD15t MoM.Asian Metal Copyright53% MoM and down by 36.Asian Metal Copyright With a production capacity of 20,000tpy, they produced about 9,000t in the previous year and they produced about 3,300t this year so far, expecting to produce about 8,000t this year in light of the slack sales in this year so far.Asian Metal Copyright25% YoY; that in other area was 13,000t, down by 14.Asian Metal Copyright Currently they keep an inventory of nearly 800t.Asian Metal Copyright28% MoM and down by 29.Asian Metal Copyright2.Asian Metal Copyright41% YoY; that in Shanxi was 13,200t, down by 8.Asian Metal Copyright1.Asian Metal Copyright45% MoM and down by 11.Asian Metal Copyright89% YoY.Asian Metal Copyright56% YoY.

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

    5.1.Asian Metal Copyright1.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory up by 6.17% MoM in June
    In June2023, Chinese brown fused alumina producers' inventory was 113,500t, up by 6.17% MoM and up by 13.Asian Metal Copyright3.Asian Metal Copyright84% YoY.

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


    In June 2023, the brown fused alumina producers' inventory in Henan was 39,200t, down by 4.85% MoM and up by 30.Asian Metal Copyright03% MoM.Asian Metal Copyright23% YoY; that in Guizhou was 35,300t, up by 18.Asian Metal Copyright But due to the extremely sluggish market demand, we had to stop production to avoid inventory accumulation", a source from the company stated, noting that they had almost no orders this month, produced about 600t this month.Asian Metal Copyright85% MoM and up by 9.Asian Metal Copyright In Jan-May 2023, China exported a total of 163,317.Asian Metal Copyright62% YoY; that in Shanxi was 17,000t, up by 6.Asian Metal Copyright Based on the declined prices from Chinese suppliers and weak demand, most suppliers in European lower their prices this month.Asian Metal Copyright25% MoM and down by 16.Asian Metal Copyright1 Chinese brown fused alumina producers' statistics 5.Asian Metal Copyright67% YoY; that in other area was 22,000t, up by 10.Asian Metal Copyright3 International Market 8.Asian Metal Copyright00% MoM, up by 29.Asian Metal Copyright00 in the previous month, down 56.Asian Metal Copyright41% YoY.

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


    5.2 Chinese white fused alumina producers' statistics

    5.2.Asian Metal Copyright04mt in the previous month, down 63.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate down by 2.27% MoM in June
    In June 2023, Chinese white fused alumina producers' operating rate was 36.51%, down by 2.Asian Metal Copyright84mt of brown fused alumina to Japan, 6,003.Asian Metal Copyright27% MoM and down by 3.Asian Metal Copyright04%, down by 16.Asian Metal Copyright89% YoY.

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


    In June 2023, the operating rate of white fused alumina producers in Henan was 38.26%, down by 3.Asian Metal Copyright5 Jiaozuo Dehang suspended white fused alumina production A major white fused alumina supplier from Henan, Jiaozuo Dehang Abrasive Materials Co.Asian Metal Copyright05% MoM and down by 8.Asian Metal Copyright00 in the same period last year and USD35,544,080.Asian Metal Copyright14% YoY; that in Shandong was 33.Asian Metal Copyright3.Asian Metal Copyright82%, down by 1.Asian Metal Copyright According to NDRC, new efforts will be put in place to stabilize and expand investment in manufacturing.Asian Metal Copyright31% MoM and up by 2.Asian Metal Copyright 8.Asian Metal Copyright85% YoY; that in other area was 38.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China 10 8.Asian Metal Copyright4%, unchanged MoM, down by 5.Asian Metal Copyright3.Asian Metal Copyright76% YoY.

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


    5.2.Asian Metal Copyright92mt in the same period last year, down 6.Asian Metal Copyright2 Chinese white fused alumina producers' output down by 5.86% MoM in June
    In June 2023, Chinese white fused alumina producers' output was 70,600t, down by 5.86% MoM and down by 6.Asian Metal Copyright04% YoY.Asian Metal Copyright98% YoY.

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


    In June 2023, the white fused alumina producers' output in Henan was 42,700t, down by 7.37% MoM and down by 16.Asian Metal Copyright16% YoY.Asian Metal Copyright60% YoY; that in Shandong was 25,900t, down by 3.Asian Metal Copyright2 Ministry of Commerce: China's outward non-financial direct investment up by 26.Asian Metal Copyright71% MoM and up by 15.Asian Metal Copyright2.Asian Metal Copyright62% YoY; that in other area was 2,000t, unchanged MoM and down by 15% YoY.

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


    5.2.Asian Metal Copyright2 Chinese white fused alumina producers' output down by 5.Asian Metal Copyright3 Chinese white fused alumina producers' inventory up by 10.74% MoM in June
    In June 2023, Chinese white fused alumina producers' inventory was 59,800t, up by 10.74% MoM and up by 51.Asian Metal Copyright93mt in the same period last year and USD902.Asian Metal Copyright39% YoY.

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


    In June 2023, the white fused alumina producers' inventory in Henan was 38,500t, up by 11.91% MoM and up by 45.Asian Metal Copyright2.Asian Metal Copyright28% YoY; that in Shandong was 19,700t, up by 10.Asian Metal Copyright 4.Asian Metal Copyright67% MoM and up by 64.Asian Metal Copyright Despite the high production costs, most producers, given the sluggish Market demand, cut their prices this month to compete for orders.Asian Metal Copyright16% YoY; that in other area was 1,600t, down by 11.Asian Metal Copyright4 Gongyi Yuhai resumed brown fused alumina production A brown fused alumina grain sand producer from Henan, Gongyi Yuhai Fused alumina Co.Asian Metal Copyright11% MoM and up by 60% YoY.

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


    6 Custom Statistics

    6.1 China's brown fused alumina export volume fell 20.76% YoY in May 2023
    In May 2023, China exported 35,792.28mt of brown fused alumina, 45,170.Asian Metal Copyright12% MoM.Asian Metal Copyright67mt in the same period last year and 41,137.Asian Metal Copyright1.Asian Metal Copyright06mt in the previous month, down 20.Asian Metal Copyright00 in the same period last year and USD42,558,321.Asian Metal Copyright76% YoY and down 12.Asian Metal Copyright20% MoM.Asian Metal Copyright99% MoM.
    In May 2023, China exported USD31,143,391.00 worth of brown fused alumina, USD70,998,245.Asian Metal Copyright76% YoY in May 2023 In May 2023, China exported 35,792.Asian Metal Copyright00 in the same period last year and USD42,558,321.Asian Metal Copyright3.Asian Metal Copyright00 in the previous month, down 56.Asian Metal Copyright Chinese brown fused alumina producers' output by province from June 2022 to June 2023 5.Asian Metal Copyright13% YoY and down 26.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China 10 8.Asian Metal Copyright82% MoM.Asian Metal Copyright4 Gongyi Yuhai resumed brown fused alumina production 5 4.Asian Metal Copyright The average price was USD870.11/mt, USD1,571.78/mt in the same period last year and USD1,034.55/mt in the previous month.
    In Jan-May 2023, China exported a total of 172,215.13mt of brown fused alumina, 185,107.Asian Metal Copyright 5 Producer Statistics 5.Asian Metal Copyright92mt in the same period last year, down 6.Asian Metal Copyright34mt in the previous month, up 33.Asian Metal Copyright97% YoY.

    China's export volume of brown fused alumina in previous 13 months

    China's export price of brown fused alumina in previous 13 months


    In May 2023, the top three export destinations of brown fused alumina for China were Japan, United States and South Korea.

    China exported 6,513.84mt of brown fused alumina to Japan, 6,003.Asian Metal Copyright1 Caustic calcined bauxite The light burn calcined bauxite Al2O3 85%min prices stood firm in the past month, which lead to the stable production costs of brown fused alumina.Asian Metal Copyright76mt in the same period last year and 4,618.Asian Metal Copyright18% MoM.Asian Metal Copyright89mt in the previous month, up 8.Asian Metal Copyright, Ltd.Asian Metal Copyright50% YoY and up 41.Asian Metal Copyright01% MoM.Asian Metal Copyright03% MoM.Asian Metal Copyright3.Asian Metal Copyright The average price was USD896.94/mt, USD2,472.75/mt in the same period last year and USD1,152.04/mt in the previous month, down 63.Asian Metal Copyright "Due to the sluggish market demand, we had to stop production in the end of May.Asian Metal Copyright73% YoY and down 22.Asian Metal Copyright4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 5 4 Company news 5 4.Asian Metal Copyright14% MoM.

    China exported 4,373.95mt of brown fused alumina to United States, 14,037.Asian Metal Copyright76% YoY in May 2023 8 6.Asian Metal Copyright24mt in the same period last year and 12,538.Asian Metal Copyright, halted their brown fused alumina production on 15th June given the sluggish market demand and slack sales, with an output of nearly 500t this month.Asian Metal Copyright70mt in the previous month, down 68.Asian Metal Copyright3 White fused alumina 99%min 1-3mm EXW China 3 3.Asian Metal Copyright84% YoY and down 65.Asian Metal Copyright67mt in the same period last year and 41,137.Asian Metal Copyright12% MoM.Asian Metal Copyright4 White fused alumina 99%min F36 FOB China 10 8.Asian Metal Copyright The average price was USD707.89/mt, USD740.08/mt in the same period last year and USD736.17/mt in the previous month, down 4.Asian Metal Copyright82% MoM.Asian Metal Copyright32% YoY and down 3.Asian Metal Copyright2 Gongyi Sanxing suspended white fused alumina production Gongyi Sanxing Abrasive Materials Co.Asian Metal Copyright80% MoM.

    China exported 3,688.55mt of brown fused alumina to South Korea, 3,238.Asian Metal Copyright70% MoM.Asian Metal Copyright76mt in the same period last year and 2,748.Asian Metal Copyright95mt of brown fused alumina to United States, 14,037.Asian Metal Copyright90mt in the previous month, up 13.Asian Metal Copyright39% YoY.Asian Metal Copyright89% YoY and up 34.Asian Metal Copyright1.Asian Metal Copyright18% MoM.Asian Metal Copyright4%, unchanged MoM, down by 5.Asian Metal Copyright The average price was USD928.69/mt, USD1,669.96/mt in the same period last year and USD1,170.25/mt in the previous month, down 44.Asian Metal Copyright73% YoY and down 22.Asian Metal Copyright37% YoY and down 20.Asian Metal Copyright2.Asian Metal Copyright60% MoM.

    China's export volume of brown fused alumina to top three countries in previous 13 months


    China's export price of brown fused alumina to top three countries in previous 13 months


    6.2 China's white fused alumina export volume rose 46.01% MoM in May 2023
    In May 2023, China exported 45,526.68mt of white fused alumina, 34,019.Asian Metal Copyright27% MoM in June 7 5.Asian Metal Copyright03mt in the same period last year and 31,181.Asian Metal Copyright03mt in the same period last year and 31,181.Asian Metal Copyright34mt in the previous month, up 33.Asian Metal Copyright 2 Economy and Policy 2.Asian Metal Copyright83% YoY and up 46.Asian Metal Copyright64%, down by 1.Asian Metal Copyright01% MoM.
    In May 2023, China exported USD38,635,680.00 worth of white fused alumina, USD54,466,698.Asian Metal Copyright32% YoY and down 3.Asian Metal Copyright00 in the same period last year and USD35,544,080.Asian Metal Copyright1 China to scale up medium and long-term lending toward manufacturing sector China is ready to unleash the potential of consumption further and create a consumption supply system of high-quality, said an official from the National Development and Reform Commission NDRC at a news conference held on June 17.Asian Metal Copyright00 in the previous month, down 29.Asian Metal Copyright92mt in the same period last year, down 6.Asian Metal Copyright07% YoY and up 8.Asian Metal Copyright1.Asian Metal Copyright70% MoM.Asian Metal Copyright 7.Asian Metal Copyright The average price was USD848.64/mt, USD1,601.07/mt in the same period last year and USD1,139.92/mt in the previous month.
    In Jan-May 2023, China exported a total of 163,317.50mt of white fused alumina, 167,674.Asian Metal Copyright2 Chinese Export Market 10 8.Asian Metal Copyright68mt in the same period last year, down 2.Asian Metal Copyright2 Chinese Export Market 10 8.Asian Metal Copyright60% YoY.

    China's export volume of white fused alumina in previous 13 months


    China's export price of white fused alumina in previous 13 months


    In May 2023, the top three export destinations of white fused alumina for China were United States, India and Japan.
    China exported 7,919.48mt of white fused alumina to United States, 1,992.Asian Metal Copyright6%.Asian Metal Copyright19mt in the same period last year and 506.Asian Metal Copyright 8.Asian Metal Copyright87mt in the previous month, up 297.Asian Metal Copyright, Ltd.Asian Metal Copyright53% YoY and up 1,462.Asian Metal Copyright62% YoY; that in other area was 2,000t, unchanged MoM and down by 15% YoY.Asian Metal Copyright42% MoM.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China As the alumina price keep steady, most producers would hold their prices firm next month.Asian Metal Copyright The average price was USD713.47/mt, USD1,439.40/mt in the same period last year and USD2,434.67/mt in the previous month, down 50.Asian Metal Copyright, a primary brown fused alumina producer from Guizhou, stopped their brown fused alumina production on 15th June due to sluggish downstream demand, with an output of nearly 600t in June.Asian Metal Copyright45% YoY and down 70.Asian Metal Copyright12% MoM.Asian Metal Copyright72% MoM.
    China exported 7,202.21mt of white fused alumina to India, 3,643.Asian Metal Copyright White fused alumina: Despite the stable alumina prices, given the sluggish demand, most producers cut their prices this month to compete for orders.Asian Metal Copyright76mt in the same period last year and 3,581.Asian Metal Copyright82% MoM.Asian Metal Copyright80mt in the previous month, up 97.Asian Metal Copyright, stopped their white fused alumina production on 5th June, producing about 1,000t last month.Asian Metal Copyright66% YoY and up 101.Asian Metal Copyright 8.Asian Metal Copyright08% MoM.Asian Metal Copyright But due to our high production costs, it's impossible to lower prices further down, so we had to halt production to avoid inventory accumulation", a source from the company disclosed, noting that they produced about 1,000t in May.Asian Metal Copyright The average price was USD727.86/mt, USD1,111.93/mt in the same period last year and USD902.19/mt in the previous month, down 34.Asian Metal Copyright76mt in the same period last year and 2,748.Asian Metal Copyright53% YoY and down 19.Asian Metal Copyright27% MoM and down by 3.Asian Metal Copyright29% MoM.
    China exported 4,396.09mt of white fused alumina to Japan, 3,789.Asian Metal Copyright25mt in the previous month, down 44.Asian Metal Copyright14mt in the same period last year and 3,180.Asian Metal Copyright25% YoY; that in other area was 13,000t, down by 14.Asian Metal Copyright90mt in the previous month, up 16.Asian Metal Copyright07mt in the same period last year and USD1,139.Asian Metal Copyright02% YoY and up 38.Asian Metal Copyright76mt in the same period last year and 3,581.Asian Metal Copyright20% MoM.Asian Metal Copyright2 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.Asian Metal Copyright The average price was USD922.24/mt, USD1,646.34/mt in the same period last year and USD1,248.85/mt in the previous month, down 43.Asian Metal Copyright95mt of brown fused alumina to United States, 14,037.Asian Metal Copyright99% YoY and down 26.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate down by 2.Asian Metal Copyright18% MoM.

    China's export volume of white fused alumina to top three countries in previous 13 months


    China's export price of white fused alumina to top three countries in previous 13 months



    7 Relevant Industry News

    7.1 Caustic calcined bauxite
    The light burn calcined bauxite Al2O3 85%min prices stood firm in the past month, which lead to the stable production costs of brown fused alumina.

    7.2 Alumina Powder
    The price of alumina Al2O3 98.5%min Na2O 0.Asian Metal Copyright45% MoM and down by 11.Asian Metal Copyright3%max stood stable in the past month, which supported the firm prices of white fused alumina.

    7.3 Carbon electrode
    Discouraged by the prices decline of petroleum coke, the mainstream prices moved down in the past month.

    8 Market Outlook for Next Month

    8.1 Chinese Market

    8.1.1 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.

    8.1.2 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.

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

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

    8.2 Chinese Export Market

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

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

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

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

    8.3 International Market

    8.3.1 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.

    8.3.2 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.

    8.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam
    Based on the stable prices in Chinese export Market, the prices in Europe would keep stable next month.

    8.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam
    Based on firm prices in Chinese export Market, the prices in Europe would stay steady next month.



    .Asian Metal Copyright Chinese brown fused alumina producers' operating rate from June 2022 to June 2023 t 5Asian Metal Copyright
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