Monthly Fused Alumina Market Report Aug 2023

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 resumed production of brown fused alumina 5
4.2 Zhengzhou Pingyuan suspended white fused alumina production 5
4.3 Guizhou Hongsheng to resume production of brown fused alumina 5
4.4 Gongyi Yuhai suspended brown fused alumina production 5
4.5 Zhengzhou Yuzhou resumed white fused alumina production 5
5 Producer Statistics 6
5.1 Chinese brown fused alumina producers' statistics 6
5.1.Asian Metal Copyright84% MoM and down by 2.Asian Metal Copyright2 Chinese brown fused alumina producers' output up by 1.38% MoM in August 6
5.1.Asian Metal Copyright32% MoM.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 0.26% MoM in August 6
5.2 Chinese white fused alumina producers' statistics 7
5.2.Asian Metal Copyright92% MoM.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate up by 0.55% MoM in August 7
5.2.Asian Metal Copyright51mt in the same period last year and 34,224.Asian Metal Copyright3 Chinese white fused alumina producers' inventory up by 3.09% MoM in August 8
6 Custom Statistics 8
6.1 China's brown fused alumina export volume declined 24.12% YoY in Jul 2023 8
7 Relevant Industry News 9
8 Market Outlook for Next Month 9
8.1 Chinese Market 9
8.1.1 Brown fused alumina 95%min 1-3mm EXW China 9
8.1.2 Brown fused alumina 95%min F36 EXW China 9
8.1.3 White fused alumina 99%min 1-3mm EXW China 9
8.1.4 White fused alumina 99%min F36 EXW China 9
8.2 Chinese Export Market 9
8.2.1 Brown fused alumina 95%min 1-3mm FOB China 9
8.2.2 Brown fused alumina 95%min F36 FOB China 9
8.2.3 White fused alumina 99%min 1-3mm FOB China 9
8.2.4 White fused alumina 99%min F36 FOB China 9
8.3 International Market 9
8.3.1 Brown fused alumina 95%min 1-3mm EXW India 9
8.3.2 Brown fused alumina 95%min F36 EXW India 9
8.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam 9
8.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 9






















































1 Market Highlights

Brown fused alumina:
Given the sluggish market demand, despite the firm production costs, most producers cut their prices this month.

Due to the weak market demand, plus the soft domestic prices, most exporters cut their prices.

Considering the low 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:
Given the increased alumina prices, most producers lift their prices this month.

Most exporters lift their prices on basis of the lifted domestic prices, though the weak market demand.

Based on the increased prices from Chinese suppliers, though the weak demand, most suppliers in European lift 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 August 17. According to NDRC, new efforts will be put in place to stabilize and expand investment in manufacturing.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 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 China H1 foreign trade exceeds 20 trillion yuan for first time
China's total goods imports and exports volume rose by 2.1% year-on-year to 20.Asian Metal Copyright Chinese brown fused alumina producers' inventory by province from August 2022 to August 2023t 5.Asian Metal Copyright1 trillion yuan (2.Asian Metal Copyright Though the weak market demand, given the lifted domestic prices, most exporters lift their prices.Asian Metal Copyright81 trillion U.Asian Metal Copyright, Ltd.Asian Metal CopyrightS.Asian Metal Copyright03% YoY.Asian Metal Copyright dollars) in the first half of 2023, and it is the first time the country's foreign trade volume exceeded the 20 trillion yuan mark in the January-June period, according to the General Administration of Customs.Asian Metal Copyright4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 9 1 Market Highlights Brown fused alumina: Given the sluggish market demand, despite the firm production costs, most producers cut their prices this month.Asian Metal Copyright In the first six months, China's exports hit 11.Asian Metal Copyright00% YoY; that in other area was 2,000t, unchanged MoM and down by 5% YoY.Asian Metal Copyright46 trillion yuan (1.Asian Metal Copyright1 Chinese Market 3 3.Asian Metal Copyright6 trillion U.Asian Metal Copyright59mt in the same period last year and USD824.Asian Metal CopyrightS.Asian Metal Copyright99mt in the previous month, down 53.Asian Metal Copyright dollars), up by 3.Asian Metal Copyright3 White fused alumina 99%min 1-3mm EXW China By the end of August, the mainstream prices of white fused alumina 99%min 1-3mm stood at RMB4,320-4,420t USD591-604t Inc-VAT EXW DP, up by RMB20t USD3t MoM.Asian Metal Copyright7% YoY, while imports slightly declined by 0.Asian Metal Copyright Given the firm production costs, we cannot lower our price further to compete for orders", an insider from the company disclosed, noting that they would not consider resuming until the demand turn better.Asian Metal Copyright1% YoY to 8.Asian Metal Copyright Owing to the weak market demand and the soft domestic prices, most exporters cut their prices.Asian Metal Copyright64 trillion yuan (1.Asian Metal Copyright The average price was USD770.Asian Metal Copyright21 trillion U.Asian Metal Copyright5 Zhengzhou Yuzhou resumed white fused alumina production As a primary white fused alumina producer from Henan, Zhengzhou Yuzhou New Materials Co.Asian Metal CopyrightS.Asian Metal Copyright Chinese brown fused alumina producers' inventory from August 2022 to August 2023t In August 2023, the brown fused alumina producers' inventory in Henan was 40,700t, down by 1.Asian Metal Copyright dollars).

3 Market Movement

3.1 Chinese Market

By the end of August, the mainstream prices of Chinese brown fused alumina 95%min 1-3mm stood at RMB4,450-4650/t (USD608-636/t) Inc-VAT EXW D/A 180 days, down by RMB50/t (USD7/t) MoM. Given the sluggish market demand, despite the firm production costs, most producers cut their prices this month.

Prices of brown fused alumina 95%min 1-3mm EXW China from 2023-07-01 to 2023-08-30 (RMB/t)


3.1.2 Brown fused alumina 95%min F36 EXW China
In late August, the mainstream prices of Chinese brown fused alumina 95%min F36 stood at RMB4,900-5,100/t (USD670-697/t) Inc-VAT EXW D/P, down by RMB100/t (USD14/t) MoM. Given the sluggish market demand, despite the firm production costs, most producers cut their prices this month.

Prices of brown fused alumina 95%min F36 EXW China from 2023-07-01 to 2023-08-30 (RMB/t)


3.1.3 White fused alumina 99%min 1-3mm EXW China
By the end of August, the mainstream prices of white fused alumina 99%min 1-3mm stood at RMB4,320-4,420/t (USD591-604/t) Inc-VAT EXW D/P, up by RMB20/t (USD3/t) MoM. Given the high production costs, most producers, despite the sluggish market demand, most producers lift their prices this month.


Prices of white fused alumina 99%min 1-3mm EXW China from 2023-07-01 to 2023-08-30 (RMB/t)


3.1.4 White fused alumina 99%min F36 EXW China
In late August, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,720-4,920/t (USD645-673/t) Inc-VAT EXW D/P, up by RMB20/t (USD3/t) MoM. Given the firm production costs, though the sluggish Market demand, most producers lift their prices this month.

Prices of white fused alumina 99%min F36 EXW China from 2023-07-01 to 2023-08-30 (RMB/t)


3.2 Chinese Export Market

3.2.1 Brown fused alumina 95%min 1-3mm FOB China
By the end of August, the mainstream export prices of Chinese brown fused alumina 95%min 1-3mm stood at USD635-655/t Ex-VAT FOB China, down by USD5/t MoM. Owing to the weak market demand and the soft domestic prices, most exporters cut their prices.

Price trend of brown fused alumina 95%min 1-3mm FOB China from 2023-07-01 to 2023-08-30 (USD/t)


3.2.2 Brown fused alumina 95%min F36 FOB China
In late August, the mainstream export prices of Chinese brown fused alumina F36 stayed at USD690-710/t FOB China, down by USD10/t MoM. Owing to the weak market demand and the soft domestic prices, most exporters cut their prices.

Price trend of brown fused alumina 95%min F36 FOB China from 2023-07-01 to 2023-08-30 (USD/t)


3.2.3 White fused alumina 99%min 1-3mm FOB China
By the end of August, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD610-630/t FOB China, up by USD5/t MoM. Though the weak market demand, given the lifted domestic prices, most exporters lift their prices.

Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-07-01 to 2023-08-30 (USD/t)


3.2.4 White fused alumina 99%min F36 FOB China

In late August, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD665-685/t FOB China, up by USD5/t MoM. Though the weak market demand, given the lifted domestic prices, most exporters lift their prices.

Price trend of white fused alumina 99%min F36 FOB China from 2023-07-01 to 2023-08-30 (USD/t)


3.3 International Market

3.3.1 Brown fused alumina 95%min 1-3mm EXW India
By the end of August, the mainstream prices of brown fused alumina 95%min 1-3mm in Indian Market stayed at INR72,000-73,000/t Inc-VAT EXW T/T 45 days, down by INR2,000/t from late last week. Considering the lower prices from Chinese competitors, most Indian producers cut their prices this month to maintain sales.

Price trend of brown fused alumina 95%min 1-3mm EXW India from 2023-07-01 to 2023-08-30 (INR/t)


3.3.2 Brown fused alumina 95%min F36 EXW India
By the end of August, the mainstream prices of brown fused alumina 95%min F36 in Indian Market stood at INR73,000-74,000/t Inc-VAT EXW T/T 45 days, down by INR2,000/t from late last week. Considering the lower prices from Chinese competitors, most Indian producers cut their prices this month to maintain sales.

Price trend of brown fused alumina 95%min F36 EXW India from 2023-07-01 to 2023-08-30 (INR/t)


3.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam
In late August, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR675-725/t T/T 30 days in Warehouses Rotterdam, down by EUR5/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 2023-07-01 to 2023-08-30 (EUR/t)


3.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam
By the end of August, the mainstream prices of white fused alumina 99%min 1-3mm hovered at EUR650-700/t in Warehouse Rotterdam, up EUR5/t MoM. Based on the increased prices from Chinese suppliers, most suppliers in European lift their prices this month.

Price trend of white fused alumina 95%min 1-3mm in warehouse Rotterdam from 2023-07-01 to 2023-08-30 (EUR/t)


4 Company news

4.1 Guangxi Pingguo resumed production of brown fused alumina
As a primary brown fused alumina producer in Guangxi, Pingguo Minerals Co., Ltd.Asian Metal Copyright99% YoY; that in other area was 50.Asian Metal Copyright resumed brown fused alumina production about a week ago, expecting to produce about 2,000t in August.Asian Metal Copyright They hold an inventory of nearly 600t at present.Asian Metal Copyright "We suspended production in late May due to extremely sluggish market demand.Asian Metal Copyright96% YoY.Asian Metal Copyright Though the market demand stay sluggish, after we cut down on our inventory pressure, we resumed production about a week ago", a source from the company revealed, adding that they plan to produce about 2,000t this month.Asian Metal Copyright1 China's brown fused alumina export volume declined 24.Asian Metal Copyright With a production capacity of 78,000tpy, they produced about 14,000t in 2022 and produced about 5,000t so far this year given the sluggish end market demand.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 Copyright They hold an inventory of nearly 2,000t at present.

4.2 Zhengzhou Pingyuan suspended white fused alumina production
Zhengzhou Pingyuan Abrasive Materials Co., Ltd.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 0.Asian Metal Copyright, a white fused alumina producer in Henan, suspended their white fused alumina production since 1st August because of the sluggish market demand and high inventory volume.Asian Metal Copyright68% YoY.Asian Metal Copyright They produced about 1,000t last month.Asian Metal Copyright Most exporters lift their prices on basis of the lifted domestic prices, though the weak market demand.Asian Metal Copyright "Because of the slack sales and thin profit, we decided to halt production to control costs and prevent inventory accumulation.Asian Metal Copyright Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-07-01 to 2023-08-30 USDt 3.Asian Metal Copyright Given the firm production costs, we cannot lower our price further to compete for orders", an insider from the company disclosed, noting that they would not consider resuming until the demand turn better.Asian Metal Copyright12% YoY in Jul 2023 In Jul 2023, China exported 33,923.Asian Metal Copyright They produced about 1,000t last month.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China 9 8.Asian Metal Copyright With an annual production capacity of 30,000t, they produced about 19,000t last year, and due to the weak demand they only produced about 6,000t so far this year.Asian Metal Copyright63mt in the previous month, down 47.Asian Metal Copyright They hold an inventory of nearly 5,200t at the moment.

4.3 Guizhou Hongsheng to resume production of brown fused alumina
As a new brown fused alumina producer in Guizhoui, Hongsheng Abrasive Materials Co., Ltd.Asian Metal Copyright85% YoY; that in Guizhou was 34,100t, down by 2.Asian Metal Copyright plans to resume their brown fused alumina production within two weeks, expecting to produce about 1,000t in September.Asian Metal Copyright03%, up by 1.Asian Metal Copyright "We started production in March this year and suspended production in early June in order to upgrade our furnaces.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China 9 8.Asian Metal Copyright We expect to finish construction in late August and resume production within two weeks", a source from the company stated, adding that they plan to produce about 1,000t next month.Asian Metal Copyright2.Asian Metal Copyright With a production capacity of 45,000tpy, they have two tilting furnaces of 7500kVA and plan to produce about 10,000t in 2023.Asian Metal Copyright2.Asian Metal Copyright They hold an inventory of nearly 600t at present.

4.4 Gongyi Yuhai suspended brown fused alumina production
As a major brown fused alumina producer in Henan, Gongyi Yuhai Fused alumina Co., Ltd.Asian Metal Copyright As market prices lifted since early August, we resumed production on 15th August after we received orders from our clients", a source from the company revealed, noting that they estimate to produce about 700t in this month.Asian Metal Copyright suspended the production of brown fused alumina about two weeks ago, with an output of nearly 900t in July.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW India 9 8.Asian Metal Copyright "We stopped our brown fused alumina production in early August due to thin profit and fierce competition. Our electricity costs increased by RMB85/t (USD12/t) but our buyers refused to accept higher prices because of the weak demand", a source from the company revealed, adding that they produced about 900t last month.Asian Metal Copyright They hold an inventory of nearly 2,000t at present.Asian Metal Copyright With a production capacity of 20,000tpy, they produced about 9,000t in the year of 2022 and they produced about 4,800t so far this year in light of the slack sales.Asian Metal Copyright 4.Asian Metal Copyright They keep an inventory of almost 800t at present.

4.5 Zhengzhou Yuzhou resumed white fused alumina production
As a primary white fused alumina producer from Henan, Zhengzhou Yuzhou New Materials Co., Ltd.Asian Metal Copyright4 White fused alumina 99%min F36 FOB China In late August, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD665-685t FOB China, up by USD5t MoM.Asian Metal Copyright, resumed their white fused alumina production on 15th August, expecting to produce about 700t in August.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm FOB China 4 3.Asian Metal Copyright "We suspended production in late June to avoid inventory accumulation due to the sluggish market demand.Asian Metal Copyright1% year-on-year to 20.Asian Metal Copyright As market prices lifted since early August, we resumed production on 15th August after we received orders from our clients", a source from the company revealed, noting that they estimate to produce about 700t in this month.Asian Metal Copyright2 Brown fused alumina 95%min F36 EXW China In late August, the mainstream prices of Chinese brown fused alumina 95%min F36 stood at RMB4,900-5,100t USD670-697t Inc-VAT EXW DP, down by RMB100t USD14t MoM.Asian Metal Copyright With a production capacity of 30,000tpy, they produced about 5,000t in the previous year and produced about 4,000t so far in the year of 2023.Asian Metal Copyright1 Chinese brown fused alumina producers' statistics 5.Asian Metal Copyright Currently they keep an inventory of almost 900t.

5 Producer Statistics

5.1 Chinese brown fused alumina producers' statistics

5.1.Asian Metal Copyright With a production capacity of 45,000tpy, they have two tilting furnaces of 7500kVA and plan to produce about 10,000t in 2023.Asian Metal Copyright1 Chinese brown fused alumina producers' operating rate up by 0.31% MoM in August
In August 2023, China's operating rate of brown fused alumina producers was 23.19%, up by 0.Asian Metal Copyright 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 Jul 2023, the top three export destinations of brown fused alumina for China were United States, India and Japan.Asian Metal Copyright31% MoM and down by 1.Asian Metal Copyright21 trillion U.Asian Metal Copyright68% YoY.

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


In August 2023, the operation rate of producers in Henan was 17.24%, down by 1.Asian Metal Copyright2.Asian Metal Copyright27% MoM and up by 0.Asian Metal Copyright12% YoY in Jul 2023 In Jul 2023, China exported 33,923.Asian Metal Copyright10% YoY; that in Guizhou was 19.Asian Metal Copyright3.Asian Metal Copyright03%, up by 1.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW China 9 8.Asian Metal Copyright25% MoM and down by 4.Asian Metal Copyright4 Gongyi Yuhai suspended brown fused alumina production 5 4.Asian Metal Copyright84% YoY; that in Shanxi was 35.Asian Metal Copyright, Ltd.Asian Metal Copyright45%, down by 0.Asian Metal Copyright 8.Asian Metal Copyright87% MoM and up by 0.Asian Metal Copyright46 trillion yuan 1.Asian Metal Copyright99% YoY; that in other area was 50.Asian Metal Copyright55% MoM in August In August 2023, Chinese white fused alumina producers' operating rate was 39.Asian Metal Copyright45%, up by 7.Asian Metal Copyright Given the high production costs, most producers, despite the sluggish market demand, most producers lift their prices this month.Asian Metal Copyright21% MoM and down by 5.Asian Metal Copyright3.Asian Metal Copyright75% YoY.

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


5.1.Asian Metal Copyright2.Asian Metal Copyright2 Chinese brown fused alumina producers' output up by 1.38% MoM in August
In August 2023, Chinese brown fused alumina producers' output was 65,900t, up by 1.38% MoM and down by 8.Asian Metal Copyright09% MoM in August 8 6 Custom Statistics 8 6.Asian Metal Copyright97% YoY.

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


In August 2023, the output in Henan was 24,400t, down by 6.87% MoM and down by 6.Asian Metal Copyright4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 5 4 Company news 5 4.Asian Metal Copyright51% YoY; that in Guizhou was 15,300t, up by 6.Asian Metal Copyright2.Asian Metal Copyright99% MoM and down by 16.Asian Metal Copyright4 White fused alumina 99%min F36 FOB China In late August, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD665-685t FOB China, up by USD5t MoM.Asian Metal Copyright39% YoY; that in other area was 14,000t, up by 16.Asian Metal Copyright 8.Asian Metal Copyright67% MoM and down by 17.Asian Metal Copyright Chinese white fused alumina producers' inventory from August 2022 to August 2023 t In August 2023, the white fused alumina producers' inventory in Henan was 40,200t, up by 3.Asian Metal Copyright64% YoY; that in Shanxi was 12,200t, down by 2.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China 9 8.Asian Metal Copyright40% MoM and up by 10.Asian Metal Copyright90% YoY.Asian Metal Copyright90% YoY.

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

5.1.Asian Metal Copyright Our electricity costs increased by RMB85t USD12t but our buyers refused to accept higher prices because of the weak demand", a source from the company revealed, adding that they produced about 900t last month.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 0.26% MoM in August
In August2023, Chinese brown fused alumina producers' inventory was 114,000t, down by 0.26% MoM and up by 17.Asian Metal Copyright3.Asian Metal Copyright64% YoY.

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


In August 2023, the brown fused alumina producers' inventory in Henan was 40,700t, down by 1.69% MoM and up by 21.Asian Metal Copyright Currently they keep an inventory of almost 900t.Asian Metal Copyright85% YoY; that in Guizhou was 34,100t, down by 2.Asian Metal Copyright31% MoM.Asian Metal Copyright84% MoM and down by 2.Asian Metal Copyright55% MoM in August In August 2023, Chinese white fused alumina producers' operating rate was 39.Asian Metal Copyright29% YoY; that in Shanxi was 17,000t, unchanged MoM and down by 15% YoY; that in other area was 22,000t, up by 2.Asian Metal Copyright dollars.Asian Metal Copyright32% MoM, up by 29.Asian Metal Copyright Given the firm production costs, we cannot lower our price further to compete for orders", an insider from the company disclosed, noting that they would not consider resuming until the demand turn better.Asian Metal Copyright41% YoY.

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


5.2 Chinese white fused alumina producers' statistics

5.2.Asian Metal Copyright3 International Market 9 8.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate up by 0.55% MoM in August
In August 2023, Chinese white fused alumina producers' operating rate was 39.13%, up by 0.Asian Metal Copyright09% MoM and down by 11.Asian Metal Copyright55% MoM and down by 4.Asian Metal Copyright With a production capacity of 20,000tpy, they produced about 9,000t in the year of 2022 and they produced about 4,800t so far this year in light of the slack sales.Asian Metal Copyright96% YoY.

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


In August 2023, the operating rate of white fused alumina producers in Henan was 37.29%, down by 0.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 Copyright09% MoM and down by 11.Asian Metal Copyright, Ltd.Asian Metal Copyright54% YoY; that in Shandong was 41.Asian Metal Copyright99% MoM and down by 16.Asian Metal Copyright84%, up by 1.Asian Metal CopyrightS.Asian Metal Copyright51% MoM and up by 4.Asian Metal Copyright2 Chinese white fused alumina producers' statistics 7 5.Asian Metal Copyright91% YoY; that in other area was 38.Asian Metal Copyright2.Asian Metal Copyright4%, unchanged MoM, down by 5.Asian Metal Copyright97% YoY.Asian Metal Copyright76% YoY.

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


5.2.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 August 17.Asian Metal Copyright2 Chinese white fused alumina producers' output up by 1.42% MoM in August
In August 2023, Chinese white fused alumina producers' output was 74,700t, up by 1.42% MoM and down by 10.Asian Metal Copyright 8.Asian Metal Copyright53% YoY.

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


In August 2023, the white fused alumina producers' output in Henan was 40,900t, down by 0.24% MoM and down by 25.Asian Metal Copyright29%, down by 0.Asian Metal Copyright50% YoY; that in Shandong was 31,800t, up by 3.Asian Metal Copyright 8.Asian Metal Copyright75% MoM and up by 20.Asian Metal Copyright2.Asian Metal Copyright00% YoY; that in other area was 2,000t, unchanged MoM and down by 5% YoY.

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


5.2.Asian Metal Copyright They keep an inventory of almost 800t at present.Asian Metal Copyright3 Chinese white fused alumina producers' inventory up by 3.09% MoM in August
In August 2023, Chinese white fused alumina producers' inventory was 66,600t, up by 3.09% MoM and up by 19.Asian Metal Copyright2.Asian Metal Copyright78% YoY.

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


In August 2023, the white fused alumina producers' inventory in Henan was 40,200t, up by 3.60% MoM and up by 12.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW China 9 8.Asian Metal Copyright92% YoY; that in Shandong was 24,800t, up by 2.Asian Metal Copyright1 Guangxi Pingguo resumed production of brown fused alumina 5 4.Asian Metal Copyright47% MoM and up by 30.Asian Metal Copyright75% YoY.Asian Metal Copyright52% YoY; that in other area was 1,600t, unchanged MoM and up by 60.Asian Metal Copyright 4.Asian Metal Copyright00% YoY.

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


6 Custom Statistics

6.1 China's brown fused alumina export volume declined 24.12% YoY in Jul 2023
In Jul 2023, China exported 33,923.06mt of brown fused alumina, 44,706.Asian Metal Copyright They keep an inventory of almost 800t at present.Asian Metal Copyright51mt in the same period last year and 34,224.Asian Metal Copyright2 Chinese Export Market 8.Asian Metal Copyright21mt in the previous month, down 24.Asian Metal Copyright 2.Asian Metal Copyright12% YoY and down 0.Asian Metal Copyright2.Asian Metal Copyright88% MoM.
In Jul 2023, China exported USD26,148,518.00 worth of brown fused alumina, USD80,766,400.Asian Metal Copyright40% YoY and down 14.Asian Metal Copyright00 in the same period last year and USD28,210,136.Asian Metal Copyright Price trend of brown fused alumina 95%min 1-3mm EXW India from 2023-07-01 to 2023-08-30 INRt 3.Asian Metal Copyright00 in the previous month, down 67.Asian Metal Copyright1% year-on-year to 20.Asian Metal Copyright62% YoY and down 7.Asian Metal Copyright2 Zhengzhou Pingyuan suspended white fused alumina production 5 4.Asian Metal Copyright31% MoM.Asian Metal Copyright2.Asian Metal Copyright The average price was USD770.82/mt, USD1,806.59/mt in the same period last year and USD824.27/mt in the previous month.
In Jan-Jul 2023, China exported a total of 240,362.40mt of brown fused alumina, 279,578.Asian Metal Copyright82mt, USD1,806.Asian Metal Copyright26mt in the same period last year, down 14.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 August 17.Asian Metal Copyright03% 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 Jul 2023, the top three export destinations of brown fused alumina for China were United States, India and Japan.
China exported 4,630.40mt of brown fused alumina to United States, 13,151.Asian Metal Copyright1 Chinese brown fused alumina producers' statistics 6 5.Asian Metal Copyright71mt in the same period last year and 543.Asian Metal CopyrightS.Asian Metal Copyright55mt in the previous month, down 64.Asian Metal Copyright40mt of brown fused alumina, 279,578.Asian Metal Copyright79% YoY and up 751.Asian Metal Copyright88% MoM.Asian Metal Copyright88% MoM.Asian Metal Copyright White fused alumina: Given the increased alumina prices, most producers lift their prices this month.Asian Metal Copyright The average price was USD586.85/mt, USD1,407.63/mt in the same period last year and USD723.65/mt in the previous month, down 58.Asian Metal Copyright45%, down by 0.Asian Metal Copyright31% YoY and down 18.Asian Metal Copyright2.Asian Metal Copyright92% MoM.
China exported 4,613.16mt of brown fused alumina to India, 3,857.Asian Metal Copyright2 Brown fused alumina 95%min F36 EXW China 3 3.Asian Metal Copyright79mt in the same period last year and 4,578.Asian Metal Copyright 4.Asian Metal Copyright46mt in the previous month, up 19.Asian Metal Copyright87% MoM and down by 6.Asian Metal Copyright58% YoY and up 0.Asian Metal Copyright24% MoM and down by 25.Asian Metal Copyright76% MoM.Asian Metal Copyright, Ltd.Asian Metal Copyright The average price was USD796.21/mt, USD1,708.04/mt in the same period last year and USD928.99/mt in the previous month, down 53.Asian Metal Copyright With a production capacity of 45,000tpy, they have two tilting furnaces of 7500kVA and plan to produce about 10,000t in 2023.Asian Metal Copyright40% YoY and down 14.Asian Metal Copyright85mt, USD1,407.Asian Metal Copyright32% MoM.
China exported 4,018.79mt of brown fused alumina to Japan, 7,689.Asian Metal Copyright40% YoY and down 14.Asian Metal Copyright37mt in the same period last year and 7,678.Asian Metal Copyright Chinese white fused alumina producers' output by province from August 2022 to August 2023 t 5.Asian Metal Copyright63mt in the previous month, down 47.Asian Metal Copyright As market prices lifted since early August, we resumed production on 15th August after we received orders from our clients", a source from the company revealed, noting that they estimate to produce about 700t in this month.Asian Metal Copyright74% YoY and down 47.Asian Metal Copyright2 Alumina Powder The price of alumina Al2O3 98.Asian Metal Copyright66% MoM.Asian Metal Copyright 8.Asian Metal Copyright The average price was USD850.07/mt, USD2,112.85/mt in the same period last year and USD798.05/mt in the previous month, down 59.Asian Metal Copyright09% MoM in August 8 6 Custom Statistics 8 6.Asian Metal Copyright77% YoY and up 6.Asian Metal Copyright 3 Market Movement 3.Asian Metal Copyright52% 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



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 Copyright09% 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.