• Manganese Ore Gabonese 44%min In Tianjin Port(1.5)  04-19|Manganese Ore Gabonese 44%min In Qinzhou Port(1.5)  04-19|Manganese Ore Australian 45%min In Qinzhou Port(1.5)  04-19|Manganese Ore Australian 45%min In Tianjin Port(1.5)  04-19|Manganese Ore Brazilian 44%min In Tianjin Port(1.5)  04-19|Ferro-chrome Cr 60%min, C 0.1%max In warehouse Rotterdam(-0.1)  04-19|Manganese Ore S.A. 36%min In Tianjin Port(1.3)  04-19|Manganese Ore Brazilian 44%min In Qinzhou Port(1.3)  04-19|Manganese Sulfate Mn 32%min EXW China(150)  04-19|Copper Conc. 20%min Delivered China(2150)  04-19|Manganese Ore S.A. 36%min In Qinzhou Port(1)  04-19|Manganese Ore S.A. 37%min In Qinzhou Port(1)  04-19|Manganese Ore S.A. 37%min In Tianjin Port(1)  04-19|Indium Ingot 99.995%min EXW China(60)  04-19
  • Monthly Fused Alumina Market Report Dec 2023

    2024-01-15 08:28:11   【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 Pinglu Jingang to resume brown fused alumina production 5
    4.2 Xingyang Rongjin resumed white fused alumina production 5
    4.3 Luoyang Xinxiang suspend brown fused alumina production 5
    4.4 Ruyang Ruilong to suspend their brown fused alumina production 5
    4.5 Luoyang Kaifa to suspend brown fused alumina production 6
    4.6 Guxian Baige to halt brown fused alumina production 6
    5 Producer Statistics 6
    5.1 Chinese brown fused alumina producers' statistics 6
    5.1.Asian Metal Copyright27% MoM and up by 3.Asian Metal Copyright2 Chinese brown fused alumina producers' output down by 20.02% MoM in December 6
    5.1.Asian Metal Copyright 5 Producer Statistics 5.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 13.28% MoM in December 7
    5.2 Chinese white fused alumina producers' statistics 7
    5.2.Asian Metal Copyright73mt of white fused alumina to Netherlands, 1,102.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate down by 3.84% MoM in December 7
    5.2.Asian Metal Copyright2.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 16.27% MoM in December 8
    6 Custom Statistics 8
    6.1 China's brown fused alumina export volume fell 31.67% MoM in Nov 2023 8
    6.2 China's white fused alumina export volume rose 71.43% YoY in Nov 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 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 lifted 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 firm their prices this month to maintain sales.

    Based on the raised prices from Chinese suppliers, despite the weak demand, most suppliers in European lift their prices this month.

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

    Most exporters raised 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 lifted their prices this month.

    2 Economy and Policy

    2.1 China to adjust import and export tariffs in 2024
    China will adjust import and export tariffs rate on some commodities from January 1, 2024, the Customs Tariff Commission of the State Council said in a statement on Thursday. In 2024, China will implement provisional import tariffs that are lower than the most-favored-nation (MFN) rates on 1,010 commodities.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China By the end of December, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD625-645t FOB China, up by USD15t MoM.Asian Metal Copyright Import tariffs on key resources, equipment and components that are domestically scarce, such as lithium chloride, cobalt carbonate, low arsenic fluorite and gas diffusion layers used for fuel cell, will be lowered to facilitate the development of the country's advanced manufacturing industries.Asian Metal Copyright In 2024, China will implement provisional import tariffs that are lower than the most-favored-nation MFN rates on 1,010 commodities.Asian Metal Copyright In addition, China will continue to impose export tariffs on 107 commodities including ferrochrome, with 68 commodities subject to provisional tariffs.

    The decreasing export tariffs would increase China's fused alumina competitiveness.

    2.2 China completes on-site work for third round of central environmental inspections
    Five central environmental inspection teams were recently dispatched to Fujian, Henan, Hainan, Gansu and Qinghai to conduct the first batch of the third round of inspections. As of December 18, the on-site inspections carried out in the five provinces have been completed.Asian Metal Copyright62% MoM and unchanged YoY; that in other area was 65.Asian Metal Copyright The first batch of inspection teams have dealt with public complaints related to 13,718 cases, with 608 companies subject to penalty and a total of 180 officials held accountable for environmental damage.

    The completion of inspection would release the supply of silicon carbide in Henan and Shanxi.

    3 Market Movement

    3.1 Chinese Market

    By the end of December, the mainstream prices of Chinese brown fused alumina 95%min 1-3mm stood at RMB4,600-4800/t (USD645-673/t) Inc-VAT EXW D/A 180 days, up by RMB50/t (USD50/t) MoM. In spite of the sluggish market demand, given the increased bauxite prices, most producers lifted their prices this month.

    Prices of brown fused alumina 95%min 1-3mm EXW China from 2023-11-01 to 2023-12-31 (RMB/t)


    3.1.2 Brown fused alumina 95%min F36 EXW China
    In late December, the mainstream prices of Chinese brown fused alumina 95%min F36 stood at RMB4,950-5,150/t (USD695-723/t) Inc-VAT EXW D/P, up by RMB10/t (USD1/t) MoM. In spite of the sluggish market demand, given the increased bauxite prices, most producers lifted their prices this month.

    Prices of brown fused alumina 95%min F36 EXW China from 2023-11-01 to 2023-12-31 (RMB/t)


    3.1.3 White fused alumina 99%min 1-3mm EXW China
    By the end of December, the mainstream prices of white fused alumina 99%min 1-3mm stood at RMB4,420-4,520/t (USD591-604/t) Inc-VAT EXW D/P, up by RMB70/t (USD9/t) MoM. Despite the weak market demand, given the increasing alumina prices, most producers raise their prices this month.


    Prices of white fused alumina 99%min 1-3mm EXW China from 2023-11-01 to 2023-12-31 (RMB/t)


    3.1.4 White fused alumina 99%min F36 EXW China
    In late December, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,800-5,000/t (USD673-701/t) Inc-VAT EXW D/P, up by RMB60/t (USD8/t) MoM. Despite the weak market demand, given the increasing alumina prices, most producers raise their prices this month.

    Prices of white fused alumina 99%min F36 EXW China from 2023-11-01 to 2023-12-31 (RMB/t)


    3.2 Chinese Export Market

    3.2.1 Brown fused alumina 95%min 1-3mm FOB China
    By the end of December, the mainstream export prices of Chinese brown fused alumina 95%min 1-3mm stood at USD645-665/t Ex-VAT FOB China, up by USD5/t MoM. Given the raised domestic prices, despite the weak market demand, most exporters raised their prices.

    Price trend of brown fused alumina 95%min 1-3mm FOB China from 2023-11-01 to 2023-12-31 (USD/t)


    3.2.2 Brown fused alumina 95%min F36 FOB China
    In late December, the mainstream export prices of Chinese brown fused alumina F36 stayed at USD685-705/t FOB China, up by USD5/t MoM. Given the raised domestic prices, despite the weak market demand, most exporters raised their prices.

    Price trend of brown fused alumina 95%min F36 FOB China from 2023-11-01 to 2023-12-31 (USD/t)


    3.2.3 White fused alumina 99%min 1-3mm FOB China
    By the end of December, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD625-645/t FOB China, up by USD15/t MoM. Given the raised domestic prices, despite the weak market demand, most exporters lifted their prices.

    Price trend of white fused alumina 99%min 1-3mm FOB China from 2023-11-01 to 2023-12-31 (USD/t)


    3.2.4 White fused alumina 99%min F36 FOB China

    In late December, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD670-690/t FOB China, up by USD10/t MoM. Given the raised domestic prices, despite the weak market demand, most exporters lifted their prices.

    Price trend of white fused alumina 99%min F36 FOB China from 2023-11-01 to 2023-12-31 (USD/t)


    3.3 International Market

    3.3.1 Brown fused alumina 95%min 1-3mm EXW India
    By the end of December, the mainstream prices of brown fused alumina 95%min 1-3mm in Indian Market stayed at INR70,000-71,000/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 2023-11-01 to 2023-12-31 (INR/t)


    3.3.2 Brown fused alumina 95%min F36 EXW India
    By the end of December, the mainstream prices of brown fused alumina 95%min F36 in Indian Market stood 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 F36 EXW India from 2023-11-01 to 2023-12-31 (INR/t)


    3.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam
    In late December, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR685-735/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 2023-11-01 to 2023-12-31 (EUR/t)


    3.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam
    By the end of December, the mainstream prices of white fused alumina 99%min 1-3mm hovered at EUR665-715/t in Warehouse Rotterdam, up by EUR15/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 white fused alumina 95%min 1-3mm in warehouse Rotterdam from 2023-11-01 to 2023-12-31 (EUR/t)


    4 Company news

    4.1 Pinglu Jingang to resume brown fused alumina production
    Pinglu Jingang Refractory Materials Co., Ltd.Asian Metal Copyright00% YoY.Asian Metal Copyright, as a major brown fused alumina producer in Shanxi, plans to resume their brown fused alumina production since 1st January 2024, expecting to produce about 3,000t next month.Asian Metal Copyright25mt in the previous month, up 238.Asian Metal Copyright "We suspended production in early December due to the environmental protectional inspection and plan to resume production next month after we finished equipment upgrading", a source from the company reveals, adding that they expect to produce around 3,000t next month.Asian Metal Copyright00 in the same period last year and USD27,341,100.Asian Metal Copyright With an annual production capacity of 83,000t, the company produced about 41,000t last year and produced about 27,000t so far in 2023.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 Copyright They hold an inventory of nearly 2,000t at present.

    4.2 Xingyang Rongjin resumed white fused alumina production
    Xingyang Rongjin White Fused Alumina Co., Ltd.Asian Metal Copyright Given the raised domestic prices, despite the weak market demand, most exporters raised their prices.Asian Metal Copyright, a major white fused alumina producer in China, halted their production on 22nd December, with an output of nearly 1,300t this month.Asian Metal Copyright, a brown fused alumina producer in Henan, halted their brown fused alumina production about a week ago, with an output of nearly 300t in December.Asian Metal Copyright "We halted production 22nd December due to the air pollution orange alert and expect to resume production within two weeks", a source from the company claims, noting that they produce about 1,300t in December.Asian Metal Copyright2 Chinese Export Market 4 3.Asian Metal Copyright With a production capacity of 55,000tpy, they produced about 18,000t in 2022, while they produced around 20,000t in 2023.Asian Metal Copyright75% MoM and down by 18.Asian Metal Copyright Currently they hold a stock of nearly 600t.

    4.3 Luoyang Xinxiang suspend brown fused alumina production
    Luoyang Xinxiang Fused Alumina Co., Ltd.Asian Metal Copyright40mt in the same period last year and USD822.Asian Metal Copyright, a brown fused alumina producer in Henan, halted their brown fused alumina production about a week ago, with an output of nearly 300t in December.Asian Metal Copyright1.Asian Metal Copyright "Due to the air pollution orange alert and the severe environmental protectional inspection, we suspended production since 22nd December", an insider from the company claims, adding that they produced around 300t in December.Asian Metal Copyright2 Brown fused alumina 95%min F36 FOB China 4 3.Asian Metal Copyright With an annual production capacity of 45,000t, they produced about 14,000t in 2023, while only produced 2,000t in 2022 due to poor demand.Asian Metal Copyright Given the raised domestic prices, despite the weak market demand, most exporters raised their prices.Asian Metal Copyright They hold an inventory of 400t at present.

    4.4 Ruyang Ruilong to suspend their brown fused alumina production
    As a primary brown fused alumina producer in Henan, Ruyang Ruilong New Materials Co., Ltd.Asian Metal Copyright2.Asian Metal Copyright, expects to halt their brown fused alumina production in the end of December, expecting to produce about 1,000t this month.Asian Metal Copyright00 in the previous month, down 54.Asian Metal Copyright "We just resumed production in early December as we believed that the market demand recovered.Asian Metal Copyright40mt in the previous month, down 57.Asian Metal Copyright But due to the high production costs and thin profit, we decide to suspend production in the end of this month and only remain processing line instead", a source from the company disclosed, noting that they expect to produce around 1,000t in December.Asian Metal Copyright, Ltd.Asian Metal Copyright Having an annual production capacity of 60,000t, they produced about 12,000t in 2022 and about only 6,000t so far this year.Asian Metal Copyright16% MoM in December In December 2023, Chinese white fused alumina producers' output was 70,200t, down by 12.Asian Metal Copyright Currently they hold an inventory of nearly 1,200t, up by 400t MoM.

    4.5 Luoyang Kaifa to suspend brown fused alumina production
    As a brown fused alumina producer from Henan, Luoyang Kaifa Abrasive Materials Co., Ltd.Asian Metal Copyright84% MoM and down by 5.Asian Metal Copyright, plans to halt their brown fused alumina production in the end of this month, expecting to produce about 2,000t in December.Asian Metal Copyright98mt in the same period last year and 6,763.Asian Metal Copyright "We just resumed production in early September as we believe the market demand recovered, but due to the fierce competition and thin profit, we decided to halt production again", a source from the company stated, noting that they expect to produce about 2,000t this month.Asian Metal Copyright00% YoY and up 6.Asian Metal Copyright With a production capacity of 35,000tpy, the company produced about 15,000t in the previous year, while they produced about 12,000t so far this year.Asian Metal Copyright2.Asian Metal Copyright They hold about 1,500t in stock at the moment.

    4.6 Guxian Baige to halt brown fused alumina production
    As a major producer in Shanxi, Guxian Baige Senrun Abrasive Grinding Tools Co. plans to halt their brown fused alumina production in a week, expecting an output of nearly 1,000t in December.Asian Metal Copyright14%, down by 5.Asian Metal Copyright "Although we just resumed production since early December, due to the sluggish market demand, we expect to suspend production by the end of this month", a source from the company stated, noting that they estimate to produce about 1,000t this month.Asian Metal Copyright2 Brown fused alumina 95%min F36 FOB China 10 8.Asian Metal Copyright They have an annual production capacity of 40,000t, and produced around 16,000t last year, while only 5,000t so far in 2023 due to the sluggish market demand.Asian Metal Copyright Despite the weak market demand, given the increasing alumina prices, most producers raise their prices this month.Asian Metal Copyright They hold around 1,000t in stock at the moment, up by 500t MoM.

    5 Producer Statistics

    5.1 Chinese brown fused alumina producers' statistics

    5.1.Asian Metal Copyright Price trend of brown fused alumina 95%min F36 EXW India from 2023-11-01 to 2023-12-31 INRt 3.Asian Metal Copyright1 Chinese brown fused alumina producers' operating rate down by 5.21% MoM in December
    In December 2023, China's operating rate of brown fused alumina producers was 20.79%, down by 5.Asian Metal Copyright2 Chinese brown fused alumina producers' output down by 20.Asian Metal Copyright21% MoM and down by 2.Asian Metal Copyright1.Asian Metal Copyright27% YoY.

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


    In December 2023, the operation rate of producers in Henan was 12.37%, down by 8.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 Copyright25% MoM and down by 6.Asian Metal Copyright3 White fused alumina 99%min 1-3mm EXW China 3 3.Asian Metal Copyright28% YoY; that in Guizhou was 19.Asian Metal Copyright3.Asian Metal Copyright77%, unchanged MoM and down by 4.Asian Metal Copyright Chinese white fused alumina producers' inventory from December 2022 to December 2023 t In December 2023, the white fused alumina producers' inventory in Henan was 32,600t, down by 19.Asian Metal Copyright00% YoY; that in Shanxi was 31.Asian Metal Copyright23mt of white fused alumina to Japan, 4,508.Asian Metal Copyright96%, down by 11.Asian Metal Copyright72mt in the same period last year and 43,442.Asian Metal Copyright62% MoM and unchanged YoY; that in other area was 65.Asian Metal Copyright35% MoM and down by 11.Asian Metal Copyright88%, unchanged MoM and up by 10.Asian Metal Copyright Despite the weak market demand, given the increasing alumina prices, most producers raise their prices this month.Asian Metal Copyright02% YoY.

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


    5.1.Asian Metal Copyright China exported 5,363.Asian Metal Copyright2 Chinese brown fused alumina producers' output down by 20.02% MoM in December
    In December 2023, Chinese brown fused alumina producers' output was 59,900t, down by 20.02% MoM and down by 9.Asian Metal Copyright 8.Asian Metal Copyright92% YoY.

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


    In December 2023, the output in Henan was 18,000t, down by 40.00% MoM and down by 35.Asian Metal Copyright00% MoM and down by 60.Asian Metal Copyright48% YoY; that in Guizhou was 15,900t, unchanged MoM and up by 31.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China By the end of December, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD625-645t FOB China, up by USD15t MoM.Asian Metal Copyright30% YoY; that in other area was 14,000t, unchanged MoM and down by 9.Asian Metal Copyright02% MoM in December 6 5.Asian Metal Copyright67% YoY; that in Shanxi was 11,000t, down by 26.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 Copyright67% MoM and unchanged YoY.

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


    5.1.Asian Metal Copyright Chinese white fused alumina producers' operating rate from December 2022 to December 2023 % In December 2023, the operating rate of white fused alumina producers in Henan was 29.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 13.28% MoM in December
    In December 2023, Chinese brown fused alumina producers' inventory was 60,700t, down by 13.28% MoM and down by 37.Asian Metal Copyright72% MoM.Asian Metal Copyright42% YoY.

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


    In December 2023, the brown fused alumina producers' inventory in Henan was 25,300t, down by 26.67% MoM and down by 42.Asian Metal Copyright 4.Asian Metal Copyright76% YoY; that in Guizhou was 14,100t, up by 10.Asian Metal Copyright3.Asian Metal Copyright75% MoM and down by 18.Asian Metal Copyright3.Asian Metal Copyright49% YoY; that in Shanxi was 11,000t, up by 29.Asian Metal Copyright2 Chinese white fused alumina producers' statistics 7 5.Asian Metal Copyright41% MoM and down by 53.Asian Metal Copyright5 Luoyang Kaifa to suspend brown fused alumina production As a brown fused alumina producer from Henan, Luoyang Kaifa Abrasive Materials Co.Asian Metal Copyright65% YoY; that in other area was 10,000t, unchanged MoM, down by 33.Asian Metal Copyright Price trend of white fused alumina 99%min F36 FOB China from 2023-11-01 to 2023-12-31 USDt 3.Asian Metal Copyright33% YoY.

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


    5.2 Chinese white fused alumina producers' statistics

    5.2.Asian Metal Copyright75% MoM and down by 18.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate down by 3.84% MoM in December
    In December 2023, Chinese white fused alumina producers' operating rate was 33.87%, down by 3.Asian Metal Copyright3 Luoyang Xinxiang suspend brown fused alumina production 5 4.Asian Metal Copyright84% MoM and down by 5.Asian Metal Copyright3 International Market 4 3.Asian Metal Copyright89% YoY.

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


    In December 2023, the operating rate of white fused alumina producers in Henan was 29.14%, down by 5.Asian Metal Copyright, a major white fused alumina producer in China, halted their production on 22nd December, with an output of nearly 1,300t this month.Asian Metal Copyright82% MoM and down by 12.Asian Metal Copyright plans to halt their brown fused alumina production in a week, expecting an output of nearly 1,000t in December.Asian Metal Copyright28% YoY; that in Shandong was 41.Asian Metal Copyright "We just resumed production in early December as we believed that the market demand recovered.Asian Metal Copyright87%, unchanged MoM and up by 5.Asian Metal Copyright Most exporters raised their prices on basis of the lifted domestic prices, though the weak market demand.Asian Metal Copyright21% YoY; that in other area was 19.Asian Metal Copyright21% MoM and down by 2.Asian Metal Copyright2%, down by 19.Asian Metal Copyright37%, down by 8.Asian Metal Copyright2% MoM, down by 22.Asian Metal Copyright43% YoY and up 7.Asian Metal Copyright8% YoY.

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


    5.2.Asian Metal Copyright3.Asian Metal Copyright2 Chinese white fused alumina producers' output down by 5.16% MoM in December
    In December 2023, Chinese white fused alumina producers' output was 70,200t, down by 12.35% MoM and down by 11.Asian Metal Copyright1 Chinese brown fused alumina producers' statistics 6 5.Asian Metal Copyright30% YoY.

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


    In December 2023, the white fused alumina producers' output in Henan was 35,300t, down by 19.40% MoM and down by 27.Asian Metal Copyright1.Asian Metal Copyright14% YoY; that in Shandong was 33,900t, down by 1.Asian Metal Copyright00% YoY; that in Shanxi was 31.Asian Metal Copyright16% MoM and up by 20.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm FOB China Considering the stabilized domestic prices, the export prices would increase next month.Asian Metal Copyright21% YoY; that in other area was 1,000t, down by 50.Asian Metal Copyright2 Chinese Export Market 8.Asian Metal Copyright00% MoM and down by 60.Asian Metal Copyright41% MoM and down by 53.Asian Metal Copyright00% YoY.

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


    5.2.Asian Metal Copyright3 Carbon electrode Discouraged by the prices decline of petroleum coke, the mainstream prices moved down in the past month.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 16.27% MoM in December
    In December 2023, Chinese white fused alumina producers' inventory was 57,600t, down by 16.27% MoM and up by 3.Asian Metal Copyright As of December 18, the on-site inspections carried out in the five provinces have been completed.Asian Metal Copyright78% YoY.

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


    In December 2023, the white fused alumina producers' inventory in Henan was 32,600t, down by 19.30% MoM and down by 14.Asian Metal Copyright67% MoM in Nov 2023 In Nov 2023, China exported 29,685.Asian Metal Copyright21% YoY; that in Shandong was 24,000t, up by 12.Asian Metal Copyright43mt, USD1,438.Asian Metal Copyright40% MoM and up by 46.Asian Metal Copyright70mt of brown fused alumina to South Korea, 3,211.Asian Metal Copyright34% YoY; that in other area was 1,000t, unchanged MoM and unchanged YoY.

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


    6 Custom Statistics

    6.1 China's brown fused alumina export volume fell 31.67% MoM in Nov 2023
    In Nov 2023, China exported 29,685.18mt of brown fused alumina, 30,188.Asian Metal Copyright They hold about 1,500t in stock at the moment.Asian Metal Copyright72mt in the same period last year and 43,442.Asian Metal Copyright1 China's brown fused alumina export volume fell 31.Asian Metal Copyright46mt in the previous month, down 1.Asian Metal Copyright84% MoM in December In December 2023, Chinese white fused alumina producers' operating rate was 33.Asian Metal Copyright67% YoY and down 31.Asian Metal Copyright3.Asian Metal Copyright67% MoM.
    In Nov 2023, China exported USD22,405,404.00 worth of brown fused alumina, USD49,271,746.Asian Metal Copyright They hold an inventory of 400t at present.Asian Metal Copyright00 in the same period last year and USD30,673,584.Asian Metal Copyright They have an annual production capacity of 40,000t, and produced around 16,000t last year, while only 5,000t so far in 2023 due to the sluggish market demand.Asian Metal Copyright00 in the previous month, down 54.Asian Metal Copyright65mt in the previous month, down 41.Asian Metal Copyright53% YoY and down 26.Asian Metal Copyright30% YoY; that in other area was 14,000t, unchanged MoM and down by 9.Asian Metal Copyright96% MoM.Asian Metal Copyright44mt, USD1,654.Asian Metal Copyright The average price was USD754.77/mt, USD1,632.12/mt in the same period last year and USD706.07/mt in the previous month.
    In Jan-Nov 2023, China exported a total of 385,807.97mt of brown fused alumina, 442,958.Asian Metal Copyright2 Chinese white fused alumina producers' output down by 5.Asian Metal Copyright25mt in the same period last year, down 12.Asian Metal Copyright2.Asian Metal Copyright90% 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 Nov 2023, the top three export destinations of brown fused alumina for China were Japan, South Korea and India.
    China exported 4,914.33mt of brown fused alumina to Japan, 6,754.Asian Metal Copyright The average price was USD793.Asian Metal Copyright98mt in the same period last year and 6,763.Asian Metal Copyright Given the raised domestic prices, despite the weak market demand, most exporters raised their prices.Asian Metal Copyright12mt in the previous month, down 27.Asian Metal Copyright92% YoY.Asian Metal Copyright25% YoY and down 27.Asian Metal Copyright2.Asian Metal Copyright34% MoM.Asian Metal Copyright40% MoM and down by 27.Asian Metal Copyright The average price was USD793.55/mt, USD1,526.94/mt in the same period last year and USD743.79/mt in the previous month, down 48.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 Copyright00% YoY and up 6.Asian Metal Copyright2 Chinese Export Market 3.Asian Metal Copyright72% MoM.
    China exported 2,935.70mt of brown fused alumina to South Korea, 3,211.Asian Metal Copyright, Ltd.Asian Metal Copyright86mt in the same period last year and 2,576.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 16.Asian Metal Copyright10mt in the previous month, down 8.Asian Metal Copyright48mt in the previous month, down 51.Asian Metal Copyright60% YoY and up 13.Asian Metal Copyright3 International Market 3.Asian Metal Copyright96% MoM.Asian Metal Copyright2.Asian Metal Copyright The average price was USD894.75/mt, USD1,829.01/mt in the same period last year and USD886.48/mt in the previous month, down 51.Asian Metal Copyright2% MoM, down by 22.Asian Metal Copyright07% YoY and up 1.Asian Metal Copyright2 Chinese Export Market 3.Asian Metal Copyright02% MoM.
    China exported 2,868.69mt of brown fused alumina to India, 2,749.Asian Metal Copyright1.Asian Metal Copyright34mt in the same period last year and 3,361.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm FOB China 10 8.Asian Metal Copyright29mt in the previous month, up 4.Asian Metal Copyright21% YoY; that in Shandong was 24,000t, up by 12.Asian Metal Copyright34% YoY and down 14.Asian Metal Copyright Chinese brown fused alumina producers' inventory by province from December 2022 to December 2023t 5.Asian Metal Copyright66% MoM.Asian Metal Copyright2 Chinese white fused alumina producers' statistics 7 5.Asian Metal Copyright The average price was USD760.72/mt, USD2,049.16/mt in the same period last year and USD816.91/mt in the previous month, down 62.Asian Metal Copyright Given the raised domestic prices, despite the weak market demand, most exporters lifted their prices.Asian Metal Copyright86% YoY and down 6.Asian Metal Copyright Having an annual production capacity of 60,000t, they produced about 12,000t in 2022 and about only 6,000t so far this year.Asian Metal Copyright85% 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 71.43% YoY in Nov 2023
    In Nov 2023, China exported 35,841.49mt of white fused alumina, 20,907.Asian Metal Copyright The first batch of inspection teams have dealt with public complaints related to 13,718 cases, with 608 companies subject to penalty and a total of 180 officials held accountable for environmental damage.Asian Metal Copyright71mt in the same period last year and 33,256.Asian Metal Copyright3 International Market 4 3.Asian Metal Copyright44mt in the previous month, up 71.Asian Metal Copyright Considering the lower prices from Chinese competitors, though the good demand from local market, most Indian producers firm their prices this month to maintain sales.Asian Metal Copyright43% YoY and up 7.Asian Metal Copyright79%, down by 5.Asian Metal Copyright77% MoM.
    In Nov 2023, China exported USD28,546,077.00 worth of white fused alumina, USD38,917,670.Asian Metal Copyright2 Brown fused alumina 95%min F36 FOB China In late December, the mainstream export prices of Chinese brown fused alumina F36 stayed at USD685-705t FOB China, up by USD5t MoM.Asian Metal Copyright00 in the same period last year and USD27,341,100.Asian Metal Copyright30% YoY.Asian Metal Copyright00 in the previous month, down 26.Asian Metal Copyright67% YoY; that in Shanxi was 11,000t, down by 26.Asian Metal Copyright65% YoY and up 4.Asian Metal Copyright3.Asian Metal Copyright41% MoM.Asian Metal Copyright69mt of brown fused alumina to India, 2,749.Asian Metal Copyright The average price was USD796.45/mt, USD1,861.40/mt in the same period last year and USD822.13/mt in the previous month.
    In Jan-Nov 2023, China exported a total of 370,436.16mt of white fused alumina, 359,835.Asian Metal Copyright China exported 3,905.Asian Metal Copyright69mt in the same period last year, up 2.Asian Metal Copyright In Jan-Nov 2023, China exported a total of 385,807.Asian Metal Copyright95% 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 Nov 2023, the top three export destinations of white fused alumina for China were Japan, South Korea and Netherlands.

    China exported 5,363.23mt of white fused alumina to Japan, 4,508.Asian Metal Copyright They hold around 1,000t in stock at the moment, up by 500t MoM.Asian Metal Copyright22mt in the same period last year and 4,412.Asian Metal Copyright14%, down by 5.Asian Metal Copyright90mt in the previous month, up 18.Asian Metal Copyright28% MoM in December In December 2023, Chinese brown fused alumina producers' inventory was 60,700t, down by 13.Asian Metal Copyright97% YoY and up 21.Asian Metal Copyright The average price was USD793.Asian Metal Copyright54% MoM.Asian Metal Copyright Chinese brown fused alumina producers' inventory from December 2022 to December 2023t In December 2023, the brown fused alumina producers' inventory in Henan was 25,300t, down by 26.Asian Metal Copyright The average price was USD848.43/mt, USD1,438.01/mt in the same period last year and USD863.65/mt in the previous month, down 41.Asian Metal Copyright2.Asian Metal Copyright03% YoY and down 1.Asian Metal Copyright2.Asian Metal Copyright85% MoM.

    China exported 3,905.00mt of white fused alumina to South Korea, 1,962.Asian Metal Copyright2 Brown fused alumina 95%min F36 EXW India By the end of December, the mainstream prices of brown fused alumina 95%min F36 in Indian Market stood at INR71,000-72,000t Inc-VAT EXW TT 45 days, unchanged from late last week.Asian Metal Copyright41mt in the same period last year and 3,072.Asian Metal Copyright "We halted production 22nd December due to the air pollution orange alert and expect to resume production within two weeks", a source from the company claims, noting that they produce about 1,300t in December.Asian Metal Copyright57mt in the previous month, up 98.Asian Metal Copyright2.Asian Metal Copyright99% YoY and up 27.Asian Metal Copyright10mt in the previous month, down 8.Asian Metal Copyright09% MoM.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 Copyright The average price was USD883.44/mt, USD1,654.69/mt in the same period last year and USD915.46/mt in the previous month, down 46.Asian Metal Copyright2 Xingyang Rongjin resumed white fused alumina production 5 4.Asian Metal Copyright65% YoY and down 3.Asian Metal Copyright67% MoM in Nov 2023 8 6.Asian Metal Copyright50% MoM.

    China exported 3,731.73mt of white fused alumina to Netherlands, 1,102.Asian Metal Copyright Prices of white fused alumina 99%min 1-3mm EXW China from 2023-11-01 to 2023-12-31 RMBt 3.Asian Metal Copyright00mt in the same period last year and 3,513.Asian Metal Copyright10mt in the previous month, down 8.Asian Metal Copyright25mt in the previous month, up 238.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 Copyright63% YoY and up 6.Asian Metal Copyright3 Luoyang Xinxiang suspend brown fused alumina production Luoyang Xinxiang Fused Alumina Co.Asian Metal Copyright22% MoM.Asian Metal Copyright The completion of inspection would release the supply of silicon carbide in Henan and Shanxi.Asian Metal Copyright The average price was USD697.32/mt, USD1,647.29/mt in the same period last year and USD659.40/mt in the previous month, down 57.Asian Metal Copyright3.Asian Metal Copyright68% YoY and up 5.Asian Metal Copyright30% YoY; that in other area was 14,000t, unchanged MoM and down by 9.Asian Metal Copyright77% 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 Copyright86% YoY and down 6.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 Copyright00mt in the same period last year and 3,513Asian Metal Copyright
      Copyright © Asian Metal Ltd All rights reserved.