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  • Monthly Fused Alumina Market Report Oct 2023

    2023-11-13 08:47:15   【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 4
    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 5
    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 Jiaozuo Dehang resumed white fused alumina production 5
    4.2 Xingyang Tenai resumed white fused alumina production 5
    4.3 Jiyuan Jieda resumed brown fused alumina production 5
    4.4 Luoyang Zhan'ao resumed brown fused alumina production 5
    4.5 Ruyang Ruilong resumed brown fused alumina production 6
    4.6 Luoyang Sansheng resumed brown fused alumina production 6
    4.7 Guxian Baige to resume brown fused alumina production 6
    4.8 Guizhou Jinyi resumes brown fused alumina production 6
    4.9 Xingyang Yongsheng to resume white fused alumina production 6
    5 Producer Statistics 6
    5.1 Chinese brown fused alumina producers' statistics 6
    5.1.Asian Metal Copyright The average price was USD858.Asian Metal Copyright2 Chinese brown fused alumina producers' output up by 6.07% MoM in October 7
    5.1.Asian Metal Copyright75%, up by 4.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 14.31% MoM in October 7
    5.2 Chinese white fused alumina producers' statistics 7
    5.2.Asian Metal Copyright2 Chinese Export Market 11 8.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate up by 2.97% MoM in October 7
    5.2.Asian Metal Copyright China exported 5,039.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 17.18% MoM in October 8
    6 Custom Statistics 8
    6.1 China's brown fused alumina export volume fell 37.46% YoY in Aug 2023 9
    6.2 China's white fused alumina export volume declined 15.43% MoM in Aug 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 11
    8.2 Chinese Export Market 11
    8.2.1 Brown fused alumina 95%min 1-3mm FOB China 11
    8.2.2 Brown fused alumina 95%min F36 FOB China 11
    8.2.3 White fused alumina 99%min 1-3mm FOB China 11
    8.2.4 White fused alumina 99%min F36 FOB China 11
    8.3 International Market 11
    8.3.1 Brown fused alumina 95%min 1-3mm EXW India 11
    8.3.2 Brown fused alumina 95%min F36 EXW India 11
    8.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam 11
    8.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 11













































    1 Market Highlights

    Brown fused alumina:
    Though the sluggish market demand, given the increased bauxite prices, most producers lift their prices this month.

    Though the weak market demand, given the raised domestic prices, most exporters lifted their prices.

    Considering the lower prices from Chinese competitors, though the good demand from local market, most Indian producers firmed their prices this month to maintain sales.

    Based on the increased prices from Chinese suppliers, despite the weak demand, most suppliers in European lifted 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 October 17. According to NDRC, new efforts will be put in place to stabilize and expand investment in manufacturing.Asian Metal Copyright60% YoY and up 5.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 Copyright1.Asian Metal Copyright1 trillion yuan (2.Asian Metal CopyrightS.Asian Metal Copyright81 trillion U.Asian Metal Copyright07% MoM in October 7 5.Asian Metal CopyrightS.Asian Metal Copyright65mt in the same period last year and 5,721.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 Copyright 4.Asian Metal Copyright In the first six months, China's exports hit 11.Asian Metal Copyright6 Luoyang Sansheng resumed brown fused alumina production 6 4.Asian Metal Copyright46 trillion yuan (1.Asian Metal Copyright "We suspended our production on 7th September due to the thin profit as our buyers refused higher prices.Asian Metal Copyright6 trillion U.Asian Metal Copyright70mt in the same period last year and 846.Asian Metal CopyrightS.Asian Metal Copyright But as the market prices increased, we resumed production on 10th October", a source from the company disclosed, noting that they plan to produce about 800t this month.Asian Metal Copyright dollars), up by 3.Asian Metal Copyright 2.Asian Metal Copyright7% YoY, while imports slightly declined by 0.Asian Metal Copyright9 Xingyang Yongsheng to resume white fused alumina production As a white fused alumina producer in Henan, Xingyang Yongsheng Abrasive Materials Co.Asian Metal Copyright1% YoY to 8.Asian Metal Copyright Having an annual production capacity of 30,000t, they produced about 10,000t in the previous year and produced about 5,000t so far in 2023.Asian Metal Copyright64 trillion yuan (1.Asian Metal Copyright1 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.Asian Metal Copyright21 trillion U.Asian Metal Copyright81 trillion U.Asian Metal CopyrightS.Asian Metal Copyright8 Guizhou Jinyi resumes brown fused alumina production As a major brown fused alumina producer in Guizhou, Guizhou Jinyi Abrasive Materials Co.Asian Metal Copyright dollars).

    2.2 China reports reserve increase in 40% of minerals in 2022
    Reserves of almost 40% of minerals in China increased in 2022, according to the latest version of national mineral resources report issued by the Ministry of Natural Resources. The report noted that substantial growth in reserves was registered for copper, lead, zinc, nickel, cobalt, lithium and other minerals in 2022.Asian Metal Copyright64 trillion yuan 1.Asian Metal Copyright A total of 132 mineral deposits were newly discovered last year.Asian Metal Copyright11mt of brown fused alumina to Japan, 5,836.Asian Metal Copyright As of the end of 2022, a total of 173 kinds of minerals had been found in China, including 13 energy minerals, 59 metallic minerals, 95 nonmetallic minerals and 6 groundwater and gas minerals, according to the report.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW India 4 3.Asian Metal Copyright In 2022, China's investment in the geological exploration of oil and gas and non-oil and gas minerals both increased, and important progresses were made in the exploration of strategic minerals such as gold, lithium and fluorite.Asian Metal Copyright Price trend of white fused alumina 99%min F36 FOB China from 2023-09-01 to 2023-10-31 USDt 3.Asian Metal Copyright In 2022, fixed asset investment in China's mining sector continued to grow by 4.Asian Metal Copyright1% MoM and up by 0.Asian Metal Copyright5% over the previous year, and the output of main mineral products maintained growth.

    3 Market Movement

    3.1 Chinese Market

    By the end of October, the mainstream prices of Chinese brown fused alumina 95%min 1-3mm stood at RMB4,550-4750/t (USD608-636/t) Inc-VAT EXW D/A 180 days, up by RMB50/t (USD7/t) MoM. Though the sluggish market demand, given the increased bauxite prices, most producers lift their prices this month.

    Prices of brown fused alumina 95%min 1-3mm EXW China from 2023-09-01 to 2023-10-31 (RMB/t)


    3.1.2 Brown fused alumina 95%min F36 EXW China
    In late October, the mainstream prices of Chinese brown fused alumina 95%min F36 stood at RMB4,950-5,150/t (USD670-697/t) Inc-VAT EXW D/P, up by RMB50/t (USD7/t) MoM. Though the sluggish market demand, given the increased bauxite prices, most producers lift their prices this month.

    Prices of brown fused alumina 95%min F36 EXW China from 2023-09-01 to 2023-10-31 (RMB/t)


    3.1.3 White fused alumina 99%min 1-3mm EXW China
    By the end of October, the mainstream prices of white fused alumina 99%min 1-3mm stood at RMB4,350-4,450/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 2023-09-01 to 2023-10-31 (RMB/t)


    3.1.4 White fused alumina 99%min F36 EXW China
    In late October, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,750-4,950/t (USD645-673/t) Inc-VAT EXW D/P, unchanged MoM. Given the firm production costs, though the sluggish Market demand, most producers firmed their prices this month.

    Prices of white fused alumina 99%min F36 EXW China from 2023-09-01 to 2023-10-31 (RMB/t)


    3.2 Chinese Export Market

    3.2.1 Brown fused alumina 95%min 1-3mm FOB China
    By the end of October, the mainstream export prices of Chinese brown fused alumina 95%min 1-3mm stood at USD640-660/t Ex-VAT FOB China, unchanged MoM. Though the raised domestic prices, given the weak market demand, most exporters stabilized their prices.

    Price trend of brown fused alumina 95%min 1-3mm FOB China from 2023-09-01 to 2023-10-31 (USD/t)


    3.2.2 Brown fused alumina 95%min F36 FOB China
    In late October, the mainstream export prices of Chinese brown fused alumina F36 stayed at USD690-710/t FOB China, unchanged MoM. Though the raised domestic prices, given the weak market demand, most exporters stabilized their prices.


    Price trend of brown fused alumina 95%min F36 FOB China from 2023-09-01 to 2023-10-31 (USD/t)


    3.2.3 White fused alumina 99%min 1-3mm FOB China
    By the end of October, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD610-630/t FOB China, unchanged MoM. Though the raised domestic prices, given the weak market demand, most exporters stabilized their prices.

    Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-09-01 to 2023-10-31 (USD/t)


    3.2.4 White fused alumina 99%min F36 FOB China

    In late October, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD665-685/t FOB China, unchanged MoM. Though the raised domestic prices, given the weak market demand, most exporters stabilized their prices.

    Price trend of white fused alumina 99%min F36 FOB China from 2023-09-01 to 2023-10-31 (USD/t)


    3.3 International Market

    3.3.1 Brown fused alumina 95%min 1-3mm EXW India
    By the end of October, the mainstream prices of brown fused alumina 95%min 1-3mm in Indian Market stayed at INR71,000-72,000/t Inc-VAT EXW T/T 45 days, unchanged from late last week. Considering the lower prices from Chinese competitors, though the good demand from local market, most Indian producers firmed their prices this month to maintain sales.

    Price trend of brown fused alumina 95%min 1-3mm EXW India from 2023-09-01 to 2023-10-31 (INR/t)


    3.3.2 Brown fused alumina 95%min F36 EXW India
    By the end of October, the mainstream prices of brown fused alumina 95%min F36 in Indian Market stood at INR72,000-73,000/t Inc-VAT EXW T/T 45 days, unchanged from late last week. Considering the lower prices from Chinese competitors, though the good demand from local market, most Indian producers firmed their prices this month to maintain sales.

    Price trend of brown fused alumina 95%min F36 EXW India from 2023-09-01 to 2023-10-31 (INR/t)


    3.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam
    In late October, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR680-730/t T/T 30 days in Warehouses Rotterdam, up by EUR5/t MoM. Based on the increased prices from Chinese suppliers, despite the weak demand, most suppliers in European lifted their prices this month.

    Price trend of brown fused alumina 95%min 1-3mm in Warehouse Rotterdam from 2023-09-01 to 2023-10-31 (EUR/t)


    3.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam
    By the end of October, 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 2023-09-01 to 2023-10-31 (EUR/t)


    4 Company news

    4.1 Jiaozuo Dehang resumed white fused alumina production
    Jiaozuo Dehang Abrasive Materials Co., Ltd.Asian Metal Copyright As the market demand turn better in September, we resumed production on early October", a source from the company disclosed, noting that they expect to produce about 1,000t this month.Asian Metal Copyright, a primary white fused alumina supplier from Henan, resumed their white fused alumina production since 1st October, expecting to produce about 1,000t this month.Asian Metal Copyright1 Chinese brown fused alumina producers' operating rate up by 1.Asian Metal Copyright "We halted production in late May as we have to avoid inventory accumulation because of the sluggish market demand and we resumed production since early October as the market demand turn better this month", a source from the company disclosed, noting that they expect to produce about 1,000t in October.Asian Metal Copyright And we resumed production in early October as the market demand turn better", a source from the company disclosed, noting that they plan to produce about 1,000t this month.Asian Metal Copyright With a production capacity of 68,000tpy, they produced about 10,000t in 2022 and produced about 4,000t so far in the year of 2023.Asian Metal Copyright 4.Asian Metal Copyright Currently they keep an inventory of only 200t.

    4.2 Xingyang Tenai resumed white fused alumina production
    A primary white fused alumina producer from Henan, Xingyang Tenai Abrasive Materials Co., Ltd.Asian Metal Copyright The average price was USD585.Asian Metal Copyright, resumed their white fused alumina production on 3rd October, predicting to produce about 1,000t this month.Asian Metal Copyright69% YoY.Asian Metal Copyright "Due to the sluggish market demand, we halted production in early June to avoid stocks accumulation.Asian Metal Copyright3.Asian Metal Copyright As the market demand recovered, we resumed production in early October", an insider from the company disclosed, noting that they plan to produce about 1,000t in October.Asian Metal Copyright35mt in the previous month, down 60.Asian Metal Copyright Having a yearly production capacity of 36,000t, they held an output of about 7,000t in the previous year and only produced about 2,000t so far in 2023 due to the sluggish demand.Asian Metal Copyright39% YoY and up 4.Asian Metal Copyright Currently they hold an inventory of nearly 300t.

    4.3 Jiyuan Jieda resumed brown fused alumina production
    Jiyuan Jieda Abrasive Materials Co., Ltd.Asian Metal Copyright35mt in the previous month, down 60.Asian Metal Copyright, a brown fused alumina producer from Henan, resumed their production on 3rd October after suspension for over 5 months, expecting an output of almost 1,000t this month.Asian Metal Copyright China exported 4,946.Asian Metal Copyright "We halted production in mid April due to the weak market demand and high stocks pressure.Asian Metal Copyright41% YoY; that in other area was 1,000t, down by 9.Asian Metal Copyright And we resumed production in early October as the market demand turn better", a source from the company disclosed, noting that they plan to produce about 1,000t this month.Asian Metal Copyright50mt in the previous month, up 110.Asian Metal Copyright Having an annual production capacity of 27,000t, they produced about 3,000t last year and only produced about 2,000t this year so far due to weak market demand.Asian Metal Copyright41mt in the previous month.Asian Metal Copyright Currently they hold an inventory of almost 300t.

    4.4 Luoyang Zhan'ao resumed brown fused alumina production
    Luoyang Zhan'ao New Materials Co., Ltd.Asian Metal Copyright81 trillion U.Asian Metal Copyright, as a major brown fused alumina producer in Henan, resumed their production for brown fused alumina on 3rd October, expecting an output of nearly 1,000t in October.Asian Metal Copyright Contents 1 Market Highlights 3 2 Economy and Policy 3 3 Market Movement 3 3.Asian Metal Copyright "Although we only have one furnace in operation this year, given the worse and worse sales, we had to suspended production in late June.Asian Metal Copyright 7.Asian Metal Copyright As the market demand turn better in September, we resumed production on early October", a source from the company disclosed, noting that they expect to produce about 1,000t this month.Asian Metal Copyright48% YoY.Asian Metal Copyright Having an annual production capacity of 30,000t, they produced about 10,000t in the previous year and produced about 5,000t so far in 2023.Asian Metal Copyright1.Asian Metal Copyright Currently they hold an inventory of only 200t.

    4.5 Ruyang Ruilong resumed brown fused alumina production
    A major producer of brown fused alumina from Henan, Ruyang Ruilong New Materials Co., Ltd.Asian Metal Copyright2 Brown fused alumina 95%min F36 EXW India 5 3.Asian Metal Copyright, resumed their brown fused alumina production on 10th October and they plan to produce about 1,000t in October.Asian Metal Copyright1 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.Asian Metal Copyright "Given the weak market demand, we halted production in early July to avoid inventory accumulation and we resumed production about a week ago as the market demand slowly recovered", a source from the company disclosed, noting that they expect to produce around 1,000t this month.Asian Metal Copyright50mt in the previous month, up 15.Asian Metal Copyright Having an annual production capacity of 60,000t, the company produced about 12,000t last year and only about 5,000t so far in 2023 due to the extremely sluggish market demand.Asian Metal Copyright15mt of brown fused alumina to India, 3,284.Asian Metal Copyright Currently they hold an inventory of nearly 800t, down by 400t MoM.

    4.6 Luoyang Sansheng resumed brown fused alumina production
    As a primary brown fused alumina producer in Henan, Luoyang Sansheng New Materials Co., Ltd.Asian Metal Copyright41mt in the previous month, down 20.Asian Metal Copyright, resumed their brown fused alumina production on 10th October after a suspension of one month, expecting an output of nearly 800t in October.Asian Metal Copyright22mt, USD926.Asian Metal Copyright "We suspended our production on 7th September due to the thin profit as our buyers refused higher prices.Asian Metal Copyright2 Chinese Export Market 8.Asian Metal Copyright But as the market prices increased, we resumed production on 10th October", a source from the company disclosed, noting that they plan to produce about 800t this month.Asian Metal Copyright90% MoM.Asian Metal Copyright Having a yearly production capacity of 30,000t, they produced about 8,000t in the year of 2022 and produced about 6,000t so far this year.Asian Metal Copyright71% YoY.Asian Metal Copyright They currently keep an inventory of nearly 800t.

    4.7 Guxian Baige to resume brown fused alumina production
    Guxian Baige Senrun Abrasive Grinding Tools Co., a major producer in Shanxi, expects to resume brown fused alumina production within two weeks, predicting to produce about 1,000t in October.Asian Metal Copyright However, as the market demand recovers, we plan to resume our production since early November", a source from the company revealed, noting that they expect to produce around 1,000t in November.Asian Metal Copyright "We suspended production in early June due to the sluggish market demand and thin profit.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW India 11 8.Asian Metal Copyright Currently as the market demand recovers, we plan to resume production in early November", a source from the company revealed, noting that they plan to produce about 1,000t next month.Asian Metal Copyright Currently as the market demand recovers, we plan to resume production in early November", a source from the company revealed, noting that they plan to produce about 1,000t next month.Asian Metal Copyright The company has a 5,000kVA and a 10,000kVA furnace, with an annual production capacity of 40,000t.Asian Metal Copyright, Ltd.Asian Metal Copyright They produced around 16,000t last year and produced about only 4,000t so far in 2023.Asian Metal Copyright1% YoY to 8.Asian Metal Copyright They hold around 500t in stock at the moment.

    4.8 Guizhou Jinyi resumes brown fused alumina production
    As a major brown fused alumina producer in Guizhou, Guizhou Jinyi Abrasive Materials Co., Ltd.Asian Metal Copyright4 Luoyang Zhan'ao resumed brown fused alumina production Luoyang Zhan'ao New Materials Co.Asian Metal Copyright resumed their brown fused alumina production about a week ago on 15th October after a suspension of over four months, predicting an output of nearly 500t in October.Asian Metal Copyright3.Asian Metal Copyright "We suspended production since early June because of the sluggish market demand.Asian Metal Copyright Contents 1 Market Highlights 3 2 Economy and Policy 3 3 Market Movement 3 3.Asian Metal Copyright However, in light of the dropped electricity charge and inquiries from our clients, we resumed production since mid-October", an insider from the company stated, noting that they predict to produce about 500t in October.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 Copyright Having an annual production capacity of 45,000t, they produced about 5,100t in 2022 and they produced about only 1,300t so far this year because of the sluggish market demand.Asian Metal Copyright 8.Asian Metal Copyright They currently have an inventory of only 100t.

    4.9 Xingyang Yongsheng to resume white fused alumina production
    As a white fused alumina producer in Henan, Xingyang Yongsheng Abrasive Materials Co., Ltd.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm FOB China By the end of October, the mainstream export prices of Chinese brown fused alumina 95%min 1-3mm stood at USD640-660t Ex-VAT FOB China, unchanged MoM.Asian Metal Copyright, plans to resume their white fused alumina production since November, expecting an output of nearly 1,000t next month.Asian Metal Copyright2.Asian Metal Copyright "Because of the sluggish market demand, we stopped our production in early September to control costs.Asian Metal Copyright35mt in the previous month, down 60.Asian Metal Copyright However, as the market demand recovers, we plan to resume our production since early November", a source from the company revealed, noting that they expect to produce around 1,000t in November.Asian Metal Copyright Chinese white fused alumina producers' output from October 2022 to October 2023 In October 2023, the white fused alumina producers' output in Henan was 43,600t, up by 11.Asian Metal Copyright With an annual production capacity of 14,600t, they produced about 11,000t in 2022 and only produced about 4,400t so far this year due to the sluggish demand.Asian Metal Copyright Price trend of brown fused alumina 95%min 1-3mm in Warehouse Rotterdam from 2023-09-01 to 2023-10-31 EURt 3.Asian Metal Copyright Currently they hold no inventory at all.

    5 Producer Statistics

    5.1 Chinese brown fused alumina producers' statistics

    5.1.Asian Metal Copyright In the first six months, China's exports hit 11.Asian Metal Copyright1 Chinese brown fused alumina producers' operating rate up by 1.48% MoM in October
    In October 2023, China's operating rate of brown fused alumina producers was 25.96%, up by 1.Asian Metal Copyright48% YoY.Asian Metal Copyright48% MoM and up by 1.Asian Metal Copyright18% MoM in October 8 6 Custom Statistics 8 6.Asian Metal Copyright69% YoY.

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


    In October 2023, the operation rate of producers in Henan was 22.31%, up by 2.Asian Metal Copyright China exported 4,800.Asian Metal Copyright51% MoM and up by 3.Asian Metal Copyright15% MoM.Asian Metal Copyright95% YoY; that in Guizhou was 19.Asian Metal Copyright As the market demand turn better in September, we resumed production on early October", a source from the company disclosed, noting that they expect to produce about 1,000t this month.Asian Metal Copyright83%, up by 0.Asian Metal Copyright17% MoM.Asian Metal Copyright8% MoM and down by 4.Asian Metal Copyright1% YoY to 8.Asian Metal Copyright69% YoY; that in Shanxi was 36.Asian Metal Copyright45% MoM, down by 16.Asian Metal Copyright32%, unchanged MoM and up by 7.Asian Metal Copyright41mt in the previous month, down 20.Asian Metal Copyright28% YoY; that in other area was 44.Asian Metal Copyright1.Asian Metal Copyright5%, down by 5.Asian Metal Copyright China exported 4,800.Asian Metal Copyright23% MoM and down by 1.Asian Metal Copyright China exported 2,659.Asian Metal Copyright78% YoY.

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


    5.1.Asian Metal Copyright2.Asian Metal Copyright2 Chinese brown fused alumina producers' output up by 6.07% MoM in October
    In October 2023, Chinese brown fused alumina producers' output was 74,250t, up by 6.07% MoM and up by 4.Asian Metal Copyright dollars, up by 3.Asian Metal Copyright43% YoY.

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


    In October 2023, the output in Henan was 32,000t, up by 12.67% MoM and up by 12.Asian Metal Copyright3.Asian Metal Copyright71% YoY; that in Guizhou was 15,950t, up by 4.Asian Metal Copyright35mt, USD1,147.Asian Metal Copyright24% MoM and down by 15.Asian Metal Copyright31% MoM and down by 33.Asian Metal Copyright15% YoY; that in other area was 16,800t, up by 21.Asian Metal Copyright, as a major brown fused alumina producer in Henan, resumed their production for brown fused alumina on 3rd October, expecting an output of nearly 1,000t in October.Asian Metal Copyright71% MoM and up by 20% YoY; that in Shanxi was 12,500t, unchanged MoM and up by 25% YoY.

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

    5.1.Asian Metal Copyright41% YoY; that in other area was 1,000t, down by 9.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 14.31% MoM in October
    In October2023, Chinese brown fused alumina producers' inventory was 68,550t, down by 14.31% MoM and down by 33.Asian Metal Copyright38% YoY and down 1.Asian Metal Copyright30% YoY.

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


    In October 2023, the brown fused alumina producers' inventory in Henan was 31,600t, down by 3.95% MoM and down by 1.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW India 11 8.Asian Metal Copyright18% YoY; that in Guizhou was 14,550t, down by 29.Asian Metal Copyright3 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.Asian Metal Copyright71% MoM and down by 56.Asian Metal Copyright, Ltd.Asian Metal Copyright30% YoY; that in Shanxi was 9,200t, down by 30.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 October 17.Asian Metal Copyright30% MoM and down by 57.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate up by 2.Asian Metal Copyright20% YoY; that in other area was 15,900t, down by 20.Asian Metal Copyright As the market demand recovered, we resumed production in early October", an insider from the company disclosed, noting that they plan to produce about 1,000t in October.Asian Metal Copyright45% MoM, down by 16.Asian Metal Copyright3 International Market 4 3.Asian Metal Copyright31% YoY.

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


    5.2 Chinese white fused alumina producers' statistics

    5.2.Asian Metal Copyright12mt of brown fused alumina to United States, 26,478.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate up by 2.97% MoM in October
    In October 2023, Chinese white fused alumina producers' operating rate was 40.72%, up by 2.Asian Metal Copyright Price trend of brown fused alumina 95%min 1-3mm FOB China from 2023-09-01 to 2023-10-31 USDt 3.Asian Metal Copyright97% MoM and up by 1.Asian Metal Copyright56% MoM.Asian Metal Copyright25% YoY.

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


    In October 2023, the operating rate of white fused alumina producers in Henan was 39.75%, up by 4.Asian Metal Copyright1 Chinese Market 10 8.Asian Metal Copyright1% MoM and up by 0.Asian Metal Copyright71% YoY; that in Guizhou was 15,950t, up by 4.Asian Metal Copyright32% YoY; that in Shandong was 42.Asian Metal Copyright2 Chinese Export Market 8.Asian Metal Copyright25%, up by 0.Asian Metal Copyright67% MoM and up by 12.Asian Metal Copyright91% MoM and up by 3.Asian Metal Copyright Having a yearly production capacity of 30,000t, they produced about 8,000t in the year of 2022 and produced about 6,000t so far this year.Asian Metal Copyright86% YoY; that in other area was 38.Asian Metal Copyright, a brown fused alumina producer from Henan, resumed their production on 3rd October after suspension for over 5 months, expecting an output of almost 1,000t this month.Asian Metal Copyright4%, up by 9.Asian Metal Copyright00 in the same period last year and USD25,597,630.Asian Metal Copyright6% MoM, down by 15.Asian Metal Copyright09% MoM.Asian Metal Copyright36% YoY.

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


    5.2.Asian Metal Copyright Chinese brown fused alumina producers' operating rate from October 2022 to October 2023 t 5.Asian Metal Copyright2 Chinese white fused alumina producers' output up by 7.87% MoM in October
    In October 2023, Chinese white fused alumina producers' output was 78,100t, up by 7.87% MoM and up by 5.Asian Metal Copyright86% YoY; that in other area was 38.Asian Metal Copyright61% YoY.

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


    In October 2023, the white fused alumina producers' output in Henan was 43,600t, up by 11.5% MoM and up by 0.Asian Metal Copyright 4.Asian Metal Copyright80% YoY; that in Shandong was 32,800t, up by 2.Asian Metal Copyright resumed their brown fused alumina production about a week ago on 15th October after a suspension of over four months, predicting an output of nearly 500t in October.Asian Metal Copyright20% MoM and up by 16.Asian Metal Copyright3.Asian Metal Copyright48% YoY; that in other area was 2,000t, up by 33.Asian Metal Copyright1.Asian Metal Copyright33% MoM and up by 28.Asian Metal Copyright Price trend of brown fused alumina 95%min 1-3mm in Warehouse Rotterdam from 2023-09-01 to 2023-10-31 EURt 3.Asian Metal Copyright57% YoY.

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


    5.2.Asian Metal Copyright1.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 17.18% MoM in October
    In October 2023, Chinese white fused alumina producers' inventory was 53,950t, down by 8.24% MoM and down by 11.Asian Metal Copyright Based on the increased prices from Chinese suppliers, despite the weak demand, most suppliers in European lifted their prices this month.Asian Metal Copyright48% YoY.

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


    In October 2023, the white fused alumina producers' inventory in Henan was 29,950t, down by 10.86% MoM and down by 31.Asian Metal Copyright2.Asian Metal Copyright62% YoY; that in Shandong was 23,000t, down by 4.Asian Metal Copyright3 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.Asian Metal Copyright56% MoM and up by 46.Asian Metal Copyright14% YoY and up 214.Asian Metal Copyright41% YoY; that in other area was 1,000t, down by 9.Asian Metal Copyright00 worth of white fused alumina, USD36,592,299.Asian Metal Copyright09% MoM and unchanged YoY.

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


    6 Custom Statistics

    6.1 China's brown fused alumina export volume fell 37.46% YoY in Aug 2023
    In Sep 2023, China exported 41,107.52mt of brown fused alumina, 51,579.Asian Metal Copyright24mt in the same period last year and USD791.Asian Metal Copyright80mt in the same period last year and 31,210.Asian Metal Copyright95mt in the previous month, up 50.Asian Metal Copyright41mt in the previous month, down 20.Asian Metal Copyright Based on the increased prices from Chinese suppliers, despite the weak demand, most suppliers in European lifted their prices this month.Asian Metal Copyright30% YoY and up 31.Asian Metal Copyright80mt in the same period last year and 31,210.Asian Metal Copyright71% MoM.
    In Sep 2023, China exported USD30,595,090.00 worth of brown fused alumina, USD60,457,810.Asian Metal Copyright00mt in the previous month, down 30.Asian Metal Copyright00 in the same period last year and USD23,696,724.Asian Metal Copyright76mt in the previous month, down 13.Asian Metal Copyright00 in the previous month, down 49.Asian Metal Copyright59mt in the same period last year and USD780.Asian Metal Copyright39% YoY and up 29.Asian Metal Copyright Chinese white fused alumina producers' operating rates by province from October 2022 to October 2023 5.Asian Metal Copyright11% MoM.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China 4 3.Asian Metal Copyright The average price was USD744.27/mt, USD1,172.12/mt in the same period last year and USD759.26/mt in the previous month.
    In Jan-Sep 2023, China exported a total of 312,680.34mt of brown fused alumina, 381,060.Asian Metal Copyright3.Asian Metal Copyright51mt in the same period last year, down 17.Asian Metal Copyright In Sep 2023, China exported USD30,595,090.Asian Metal Copyright94% 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 Sep 2023, the top three export destinations of brown fused alumina for China were United States, Japan and India.
    China exported 10,554.12mt of brown fused alumina to United States, 26,478.Asian Metal Copyright7 Guxian Baige to resume brown fused alumina production Guxian Baige Senrun Abrasive Grinding Tools Co.Asian Metal Copyright65mt in the same period last year and 1,733.Asian Metal Copyright00mt in the same period last year and 31,392.Asian Metal Copyright35mt in the previous month, down 60.Asian Metal Copyright7 Guxian Baige to resume brown fused alumina production Guxian Baige Senrun Abrasive Grinding Tools Co.Asian Metal Copyright14% YoY and up 508.Asian Metal Copyright31% YoY.Asian Metal Copyright89% MoM.Asian Metal Copyright2.Asian Metal Copyright The average price was USD585.93/mt, USD806.73/mt in the same period last year and USD562.93/mt in the previous month, down 27.Asian Metal Copyright4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam 5 4 Company news 5 4.Asian Metal Copyright39% YoY and up 4.Asian Metal Copyright38% YoY and down 1.Asian Metal Copyright09% MoM.
    China exported 5,039.11mt of brown fused alumina to Japan, 5,836.Asian Metal Copyright2.Asian Metal Copyright03mt in the same period last year and 3,555.Asian Metal Copyright3 International Market 11 8.Asian Metal Copyright76mt in the previous month, down 13.Asian Metal Copyright Based on the increased prices from Chinese suppliers, despite the weak demand, most suppliers in European lifted their prices this month.Asian Metal Copyright66% YoY and up 41.Asian Metal Copyright Most exporters lift their prices on basis of the lifted domestic prices, though the weak market demand.Asian Metal Copyright72% MoM.Asian Metal Copyright2 Brown fused alumina 95%min F36 FOB China 4 3.Asian Metal Copyright The average price was USD771.76/mt, USD1,998.59/mt in the same period last year and USD780.79/mt in the previous month, down 61.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW India 11 8.Asian Metal Copyright38% YoY and down 1.Asian Metal Copyright80mt in the same period last year and 31,210.Asian Metal Copyright15% MoM.
    China exported 4,946.15mt of brown fused alumina to India, 3,284.Asian Metal Copyright 4.Asian Metal Copyright65mt in the same period last year and 5,721.Asian Metal Copyright3.Asian Metal Copyright95mt in the previous month, up 50.Asian Metal Copyright75mt of white fused alumina to Netherlands, 1,265.Asian Metal Copyright58% YoY and down 13.Asian Metal Copyright1 Chinese Market 10 8.Asian Metal Copyright56% MoM.Asian Metal Copyright The company has a 5,000kVA and a 10,000kVA furnace, with an annual production capacity of 40,000t.Asian Metal Copyright The average price was USD794.35/mt, USD1,147.91/mt in the same period last year and USD746.67/mt in the previous month, down 30.Asian Metal Copyright9 Xingyang Yongsheng to resume white fused alumina production 6 5 Producer Statistics 6 5.Asian Metal Copyright84% YoY and up 6.Asian Metal Copyright21 trillion U.Asian Metal Copyright29% 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 declined 15.43% MoM in Aug 2023
    In Sep 2023, China exported 33,259.52mt of white fused alumina, 28,771.Asian Metal Copyright In 2022, China's investment in the geological exploration of oil and gas and non-oil and gas minerals both increased, and important progresses were made in the exploration of strategic minerals such as gold, lithium and fluorite.Asian Metal Copyright00mt in the same period last year and 31,392.Asian Metal Copyright China exported 5,426.Asian Metal Copyright50mt in the previous month, up 15.Asian Metal Copyright 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.Asian Metal Copyright60% YoY and up 5.Asian Metal Copyright3.Asian Metal Copyright95% MoM.
    In Sep 2023, China exported USD28,568,552.00 worth of white fused alumina, USD36,592,299.Asian Metal Copyright7% YoY, while imports slightly declined by 0.Asian Metal Copyright00 in the same period last year and USD25,597,630.Asian Metal Copyright91mt in the same period last year and USD746.Asian Metal Copyright00 in the previous month, down 21.Asian Metal Copyright Considering the lower prices from Chinese competitors, though the good demand from local market, most Indian producers firmed their prices this month to maintain sales.Asian Metal Copyright93% YoY and up 11.Asian Metal Copyright5 Ruyang Ruilong resumed brown fused alumina production A major producer of brown fused alumina from Henan, Ruyang Ruilong New Materials Co.Asian Metal Copyright61% MoM.Asian Metal Copyright69% YoY; that in Shanxi was 36.Asian Metal Copyright The average price was USD858.96/mt, USD1,271.85/mt in the same period last year and USD815.41/mt in the previous month.
    In Jan-Sep 2023, China exported a total of 301,338.23mt of white fused alumina, 309,743.Asian Metal Copyright1.Asian Metal Copyright89mt in the same period last year, down 2.Asian Metal Copyright 8.Asian Metal Copyright71% 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 Sep 2023, the top three export destinations of white fused alumina for China were India, Japan and Netherlands.
    China exported 5,426.62mt of white fused alumina to India, 2,207.Asian Metal Copyright4 Luoyang Zhan'ao resumed brown fused alumina production 5 4.Asian Metal Copyright59mt in the same period last year and 6,463.Asian Metal Copyright56% MoM.Asian Metal Copyright08mt in the previous month, up 145.Asian Metal Copyright00mt in the previous month, down 30.Asian Metal Copyright82% YoY and down 16.Asian Metal Copyright2 Chinese white fused alumina producers' statistics 7 5.Asian Metal Copyright04% MoM.Asian Metal Copyright3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam In late October, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR680-730t TT 30 days in Warehouses Rotterdam, up by EUR5t MoM.Asian Metal Copyright The average price was USD718.22/mt, USD926.44/mt in the same period last year and USD653.65/mt in the previous month, down 22.Asian Metal Copyright Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-09-01 to 2023-10-31 USDt 3.Asian Metal Copyright46% YoY and up 9.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 17.Asian Metal Copyright79% MoM.
    China exported 4,800.21mt of white fused alumina to Japan, 6,613.Asian Metal Copyright4 White fused alumina 99%min F36 FOB China 4 3.Asian Metal Copyright61mt in the same period last year and 3,631.Asian Metal Copyright Having a yearly production capacity of 36,000t, they held an output of about 7,000t in the previous year and only produced about 2,000t so far in 2023 due to the sluggish demand.Asian Metal Copyright84mt in the previous month, down 27.Asian Metal Copyright1 Chinese brown fused alumina producers' operating rate up by 1.Asian Metal Copyright42% YoY and up 32.Asian Metal Copyright6 trillion U.Asian Metal Copyright17% MoM.Asian Metal Copyright The average price was USD879.Asian Metal Copyright The average price was USD879.08/mt, USD1,267.45/mt in the same period last year and USD846.00/mt in the previous month, down 30.Asian Metal Copyright Chinese white fused alumina producers' operating rate from October 2022 to October 2023 % In October 2023, the operating rate of white fused alumina producers in Henan was 39.Asian Metal Copyright62% YoY and up 3.Asian Metal Copyright3 Jiyuan Jieda resumed brown fused alumina production 5 4.Asian Metal Copyright90% MoM.
    China exported 2,659.75mt of white fused alumina to Netherlands, 1,265.Asian Metal Copyright25% YoY.Asian Metal Copyright70mt in the same period last year and 846.Asian Metal Copyright48% YoY; that in other area was 2,000t, up by 33.Asian Metal Copyright50mt in the previous month, up 110.Asian Metal Copyright A total of 132 mineral deposits were newly discovered last year.Asian Metal Copyright14% YoY and up 214.Asian Metal Copyright31% YoY.Asian Metal Copyright21% MoM.Asian Metal Copyright1.Asian Metal Copyright The average price was USD702.90/mt, USD892.24/mt in the same period last year and USD791.94/mt in the previous month, down 21.Asian Metal Copyright 8.Asian Metal Copyright19% YoY and down 11.Asian Metal Copyright "We suspended our production on 7th September due to the thin profit as our buyers refused higher prices.Asian Metal Copyright24% 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 Copyright 8.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.



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