Monthly Aluminum Market Report Dec 2023
2024-01-16 18:06:33 【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.
Please contact us for a subscription.
1 Market Highlights 5
1.1 Chinese origin bauxite 5
1.2 Imported bauxite 5
1.3 Alumina 5
1.4 Aluminum fluoride 5
1.5 Primary aluminum 5
1.6 Secondary aluminum alloy ingot 5
1.7 Aluminum alloy ingot A356.2 5
1.8 Aluminum scrap 5
1.9 Aluminum bar 5
2 Policy and Economy 5
2.1 Moody's lowers China's rating outlook 5
2.2 Guangxi encourages imports of bauxite 5
2.3 Guinea's biggest oil terminal explodes 5
2.4 Russia considering waiving export duties for two Rusal smelters 5
2.5 Multiple regions in northern China issue air pollution warnings 6
2.6 China publishes new standards for copper and aluminum scrap processing industry 6
2.7 China to adjust import and export tariffs in 2024 6
3 Market Movements 6
3.1 Chinese Market 6
3.1.1 Price of Chinese origin bauxite moves up 6
3.1.2 Chinese origin alumina price soars 6
3.1.3 Australian alumina price rises sharply 6
3.1.4 Price of Chinese aluminum fluoride declines further 6
3.1.5 Aluminum hydroxide price rebounds 7
3.1.6 Price of aluminum ingot 99.7%min increases 7
3.1.7 Chinese aluminum alloy ingot ADC12 price increases 7
3.1.8 Chinese aluminum alloy ingot A356.2 market sees recovering demand 7
3.1.9 Chinese cast aluminum scrap market sees short supply 8
3.1.10 TCs for Chinese aluminum bar 6063 market move down 8
3.2 International Market 9
3.2.1 Price of Guinean bauxite soars 9
3.2.2 Export price of Australian alumina rebounds 9
3.2.4 Chinese aluminum fluoride export price moves down 9
3.2.5 Average price of imported cast aluminum alloy ingot rises sharply 9
3.2.6 Chinese aluminum alloy ingot ADC12 export market sees few deals 9
3.2.7 Prices for imported Zorba aluminum scrap move up 10
4 Company News 10
4.1 Guinea AMR signs an agreement on bauxite port cooperation 10
4.2 Frisco Metales to suspend aluminum alloys production 10
4.3 Rio Tinto announces 2024 bauxite and alumina production expectations 10
4.4 Kaiman Aluminum to restart normal alumina production 10
4.5 CTC Energy to cut bauxite production 10
4.6 Dao Er Aluminum to suspend bauxite production 10
4.7 Jinxin Chemical cuts alumina production 10
4.8 DSM reduces bauxite production 10
4.9 Ghana GBC exports bauxite by a cape size vessel for the first time 11
4.10 Sanyi Chemical to cut aluminum fluoride production 11
4.11 Huayin Aluminum produces secondary aluminum alloy ingot at full capacity 11
4.12 Tianlin Aluminum starts preheating furnaces for new aluminum bar production lines 11
4.13 Yuantai High Conductive Materials to put second phase project into operation 11
4.14 Shenglin New Material to complete maintenance of secondary aluminum alloy production equipment 11
4.15 East Hope Baotou Rare Earth Aluminum to increase aluminum bar production 11
4.16 Xinshen Aluminum begins phase two production at aluminum profiles project 11
4.17 Shandong Hongcan's precision aluminum alloy structural parts project begins production 11
4.18 Yangxin Jiusheng Aluminum cuts aluminum bar production 12
4.19 Juming Technology to increase secondary aluminum alloy ingot production 12
4.20 Vossen Manufacture starts production of secondary aluminum alloy ingot 12
4.21 Xinzhou Nanyuan Aluminum to suspend secondary aluminum alloy ingot production 12
4.22 Jimusaer Southeast Aluminum resumes aluminum bar production 12
5 Producers Statistics 12
5.1 Chinese alumina producers' operating rate up by 10.53% YOY in Dec 12
5.2 China's alumina output up by 12.24% YOY in Dec 13
5.3 Chinese aluminum fluoride producers' operating rate up by 12.17% MOM in Dec 13
5.4 China's aluminum fluoride output up by 11.70% YOY in Dec 14
5.5 China's aluminum fluoride inventory up by 55.86% MOM in late Dec 14
5.6 Chinese bauxite producers' operating rate down by 13.39% MOM in Dec 15
5.7 Chinese bauxite producers' output down by 13.42% MOM in Dec 15
5.8 Guinean bauxite producers' operating rate up by 10.56% MOM in Dec 16
5.9 Guinean bauxite producers' output up by 10.56% MOM in Dec 16
5.10 Chinese primary aluminum producers' operating rate records 84.38% in late Dec 16
5.11 China's primary aluminum output down by 1.81% MOM in Dec 17
5.12 China's primary aluminum inventory up by 4.32% MOM in late Dec 17
5.13 Chinese secondary aluminum alloy producers' operating rate records 44.44% in Dec 18
5.14 China's secondary aluminum alloy output down by about 1.54% MOM in Dec 18
5.15 China's secondary aluminum alloy inventory down by 11.38% MOM in late Dec 19
5.16 Chinese aluminum bar producers' operating rate records 51.6% in Dec 19
5.17 China's aluminum bar output up by 0.34% MOM in Dec 20
5.18 China's aluminum bar inventory up by 19.70% MOM in late Dec 20
6 Consumers Statistics 21
6.1 China's consumption of imported bauxite up by 16.58% YOY in Dec 21
6.2 China's inventory of imported bauxite up by 12.06% YOY in late Dec 21
6.3 China's consumption of domestic bauxite down by 4.35% MOM in Dec 22
6.4 China's inventory of domestic bauxite down by 12.81% MOM in late Dec 22
7. Customs Statistics 23
7.1 China's bauxite import volume up by 7.19% MOM in Nov 23
7.2 China's alumina imports up by 30.28% MOM in Nov 23
7.3 China's anhydrous aluminum fluoride export volume down by 23.35% MOM in Nov 24
7.4 China's unwrought aluminum(Al＜99.95%) import volume grew 75.53% YoY in Nov 2023 24
7.5 China's unwrought aluminum alloy import volume up 2.62% MoM in Nov 25
7.6 China's unwrought aluminum alloy export volume fell 17.01% YoY in Nov 2023 26
7.7 China's aluminum scrap import volume rose 39.19% YoY in Nov 2023 26
8 Relevant Industry News 27
8.1 Fluorspar price declines further 27
8.2 Liquid caustic soda price moves down 27
9 Market Outlook for Next Month 28
9.1 Chinese market 28
9.1.1 Bauxite Al/Si=5.0 delivered China 28
9.1.2 Alumina 98.5%min EXW China 28
9.1.3 Australian alumina 98.5%min delivered at Chinese ports 28
9.1.4 Aluminum fluoride 61%min EXW China 28
9.1.5 Aluminum hydroxide 64.5%min EXW China 28
9.1.6 Fluorspar dry powder 97%min delivered China 28
9.1.7 Liquid caustic soda 32%min delivered China 28
9.1.8 Aluminum ingot 99.7%min 28
9.1.9 Cast aluminum alloy ingot ADC12 EXW China 28
9.1.10 Aluminum bar 6063 φ120mm EXW in warehouse 28
9.1.11 Aluminum scrap aluminum foundry scrap Al 91%min delivered China 28
9.2 International Market 28
9.2.1 Guinean bauxite Al2O3 45%min SiO2 3%max CIF China 28
9.2.2 Alumina 98.5%min FOB Australia 28
9.2.3 Aluminum fluoride 61%min FOB China 28
9.2.4 Cast aluminum alloy ingot ADC12 CIF China 28
9.2.5 Cast aluminum alloy ingot ADC12 FOB China 28
9.2.6 Zorba aluminum scrap 98-1 CIF China 28
1.1 Chinese origin bauxite 5
1.2 Imported bauxite 5
1.3 Alumina 5
1.4 Aluminum fluoride 5
1.5 Primary aluminum 5
1.6 Secondary aluminum alloy ingot 5
1.7 Aluminum alloy ingot A356.2 5
1.8 Aluminum scrap 5
1.9 Aluminum bar 5
2 Policy and Economy 5
2.1 Moody's lowers China's rating outlook 5
2.2 Guangxi encourages imports of bauxite 5
2.3 Guinea's biggest oil terminal explodes 5
2.4 Russia considering waiving export duties for two Rusal smelters 5
2.5 Multiple regions in northern China issue air pollution warnings 6
2.6 China publishes new standards for copper and aluminum scrap processing industry 6
2.7 China to adjust import and export tariffs in 2024 6
3 Market Movements 6
3.1 Chinese Market 6
3.1.1 Price of Chinese origin bauxite moves up 6
3.1.2 Chinese origin alumina price soars 6
3.1.3 Australian alumina price rises sharply 6
3.1.4 Price of Chinese aluminum fluoride declines further 6
3.1.5 Aluminum hydroxide price rebounds 7
3.1.6 Price of aluminum ingot 99.7%min increases 7
3.1.7 Chinese aluminum alloy ingot ADC12 price increases 7
3.1.8 Chinese aluminum alloy ingot A356.2 market sees recovering demand 7
3.1.9 Chinese cast aluminum scrap market sees short supply 8
3.1.10 TCs for Chinese aluminum bar 6063 market move down 8
3.2 International Market 9
3.2.1 Price of Guinean bauxite soars 9
3.2.2 Export price of Australian alumina rebounds 9
3.2.4 Chinese aluminum fluoride export price moves down 9
3.2.5 Average price of imported cast aluminum alloy ingot rises sharply 9
3.2.6 Chinese aluminum alloy ingot ADC12 export market sees few deals 9
3.2.7 Prices for imported Zorba aluminum scrap move up 10
4 Company News 10
4.1 Guinea AMR signs an agreement on bauxite port cooperation 10
4.2 Frisco Metales to suspend aluminum alloys production 10
4.3 Rio Tinto announces 2024 bauxite and alumina production expectations 10
4.4 Kaiman Aluminum to restart normal alumina production 10
4.5 CTC Energy to cut bauxite production 10
4.6 Dao Er Aluminum to suspend bauxite production 10
4.7 Jinxin Chemical cuts alumina production 10
4.8 DSM reduces bauxite production 10
4.9 Ghana GBC exports bauxite by a cape size vessel for the first time 11
4.10 Sanyi Chemical to cut aluminum fluoride production 11
4.11 Huayin Aluminum produces secondary aluminum alloy ingot at full capacity 11
4.12 Tianlin Aluminum starts preheating furnaces for new aluminum bar production lines 11
4.13 Yuantai High Conductive Materials to put second phase project into operation 11
4.14 Shenglin New Material to complete maintenance of secondary aluminum alloy production equipment 11
4.15 East Hope Baotou Rare Earth Aluminum to increase aluminum bar production 11
4.16 Xinshen Aluminum begins phase two production at aluminum profiles project 11
4.17 Shandong Hongcan's precision aluminum alloy structural parts project begins production 11
4.18 Yangxin Jiusheng Aluminum cuts aluminum bar production 12
4.19 Juming Technology to increase secondary aluminum alloy ingot production 12
4.20 Vossen Manufacture starts production of secondary aluminum alloy ingot 12
4.21 Xinzhou Nanyuan Aluminum to suspend secondary aluminum alloy ingot production 12
4.22 Jimusaer Southeast Aluminum resumes aluminum bar production 12
5 Producers Statistics 12
5.1 Chinese alumina producers' operating rate up by 10.53% YOY in Dec 12
5.2 China's alumina output up by 12.24% YOY in Dec 13
5.3 Chinese aluminum fluoride producers' operating rate up by 12.17% MOM in Dec 13
5.4 China's aluminum fluoride output up by 11.70% YOY in Dec 14
5.5 China's aluminum fluoride inventory up by 55.86% MOM in late Dec 14
5.6 Chinese bauxite producers' operating rate down by 13.39% MOM in Dec 15
5.7 Chinese bauxite producers' output down by 13.42% MOM in Dec 15
5.8 Guinean bauxite producers' operating rate up by 10.56% MOM in Dec 16
5.9 Guinean bauxite producers' output up by 10.56% MOM in Dec 16
5.10 Chinese primary aluminum producers' operating rate records 84.38% in late Dec 16
5.11 China's primary aluminum output down by 1.81% MOM in Dec 17
5.12 China's primary aluminum inventory up by 4.32% MOM in late Dec 17
5.13 Chinese secondary aluminum alloy producers' operating rate records 44.44% in Dec 18
5.14 China's secondary aluminum alloy output down by about 1.54% MOM in Dec 18
5.15 China's secondary aluminum alloy inventory down by 11.38% MOM in late Dec 19
5.16 Chinese aluminum bar producers' operating rate records 51.6% in Dec 19
5.17 China's aluminum bar output up by 0.34% MOM in Dec 20
5.18 China's aluminum bar inventory up by 19.70% MOM in late Dec 20
6 Consumers Statistics 21
6.1 China's consumption of imported bauxite up by 16.58% YOY in Dec 21
6.2 China's inventory of imported bauxite up by 12.06% YOY in late Dec 21
6.3 China's consumption of domestic bauxite down by 4.35% MOM in Dec 22
6.4 China's inventory of domestic bauxite down by 12.81% MOM in late Dec 22
7. Customs Statistics 23
7.1 China's bauxite import volume up by 7.19% MOM in Nov 23
7.2 China's alumina imports up by 30.28% MOM in Nov 23
7.3 China's anhydrous aluminum fluoride export volume down by 23.35% MOM in Nov 24
7.4 China's unwrought aluminum(Al＜99.95%) import volume grew 75.53% YoY in Nov 2023 24
7.5 China's unwrought aluminum alloy import volume up 2.62% MoM in Nov 25
7.6 China's unwrought aluminum alloy export volume fell 17.01% YoY in Nov 2023 26
7.7 China's aluminum scrap import volume rose 39.19% YoY in Nov 2023 26
8 Relevant Industry News 27
8.1 Fluorspar price declines further 27
8.2 Liquid caustic soda price moves down 27
9 Market Outlook for Next Month 28
9.1 Chinese market 28
9.1.1 Bauxite Al/Si=5.0 delivered China 28
9.1.2 Alumina 98.5%min EXW China 28
9.1.3 Australian alumina 98.5%min delivered at Chinese ports 28
9.1.4 Aluminum fluoride 61%min EXW China 28
9.1.5 Aluminum hydroxide 64.5%min EXW China 28
9.1.6 Fluorspar dry powder 97%min delivered China 28
9.1.7 Liquid caustic soda 32%min delivered China 28
9.1.8 Aluminum ingot 99.7%min 28
9.1.9 Cast aluminum alloy ingot ADC12 EXW China 28
9.1.10 Aluminum bar 6063 φ120mm EXW in warehouse 28
9.1.11 Aluminum scrap aluminum foundry scrap Al 91%min delivered China 28
9.2 International Market 28
9.2.1 Guinean bauxite Al2O3 45%min SiO2 3%max CIF China 28
9.2.2 Alumina 98.5%min FOB Australia 28
9.2.3 Aluminum fluoride 61%min FOB China 28
9.2.4 Cast aluminum alloy ingot ADC12 CIF China 28
9.2.5 Cast aluminum alloy ingot ADC12 FOB China 28
9.2.6 Zorba aluminum scrap 98-1 CIF China 28
