Monthly Aluminum Market Report Jun 2024
2024-07-17 18:01:50 【Print】
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1 Market Highlights 5
1.1 Bauxite 5
1.2 Alumina 5
1.3 Aluminum fluoride 5
1.4 Primary aluminum 5
1.5 Secondary aluminum alloy ingot 5
1.6 Aluminum alloy ingot A356.2 5
1.7 Aluminum scrap 5
1.8 Aluminum bar 5
2 Policy and Economy 5
2.1 EU announces tariffs on Chinese electric vehicles 5
2.2 Kyrgyzstan plans to extend scrap export ban outside EAEU for another six months 5
2.3 Guizhou's latest round of mineral exploration achieves significant results 5
3 Market Movements 5
3.1 Chinese Market 5
3.1.1 Chinese origin bauxite price rises 5
3.1.2 Chinese origin alumina price falls 5
3.1.3 Price of Australian alumina soars 6
3.1.4 Price of Chinese aluminum fluoride unchanged 6
3.1.5 Aluminum hydroxide price moves up 6
3.1.6 Fluorspar price surges 6
3.1.7 Liquid caustic soda price moves up 6
3.1.8 Aluminum ingot 99.7%min price declines sharply 6
3.1.9 Price of Chinese aluminum alloy ingot ADC12 declines 7
3.1.10 Demand for Chinese aluminum alloy ingot A356.2 weak 7
3.1.11 Chinese cast aluminum scrap market sees weak supply and demand 7
3.1.12 TCs for Chinese aluminum bar 6063 increase 8
3.2 International Market 8
3.2.1 Price of Guinean bauxite rises 8
3.2.2 Export price of Australian alumina soars 9
3.2.3 Chinese aluminum fluoride export price moves up 9
3.2.4 Average price of imported cast aluminum alloy ingot increases 9
3.2.5 China's export market sees rare deals for aluminum alloy ingot ADC12 9
3.2.6 Chinese market sees few deals for imported Zorba aluminum scrap 9
4 Company News 9
4.1 UGA signs agreement with Aluminum Corporation of China to build smelter in Guinea 9
4.2 Yidian Holding starts building new primary aluminum project in Inner Mongolia 10
4.3 Guizhou Qiya's low-grade bauxite beneficiation project starts operation 10
4.4 East Hope (Sanmenxia) to increase alumina production 10
4.5 Valbaux plans to expand bauxite production capacity 10
4.6 Huayin Aluminum to start alumina equipment maintenance 10
4.7 Guangxi Xinfa to restart one alumina production line 10
4.8 Alufluor targets 20,000t of production in 2024 10
4.9 Tianshan Aluminum to expand production capacity 10
4.10 Vinacomin to start alumina equipment maintenance 10
4.11 Shenglin New Material completes maintenance of secondary aluminum alloy ingot equipment 10
4.12 Crescent Aluminum to cut aluminum bar output 10
4.13 Yunnan Shenhuo Aluminum achieves full-capacity production of primary aluminum 11
4.14 Kailong New Materials overhauls aluminum bar production equipment 11
4.15 Xinyongfa Aluminum restarts secondary aluminum alloy ingot production 11
4.16 Hengxin Aluminum suspends operation of one aluminum bar furnace 11
4.17 Southeast Precision Technology puts new aluminum bar equipment into trial production 11
4.18 Baoshuo New Materials suspends operation of aluminum bar smelting furnaces 11
4.19 Yunnan Qiya Aluminum resumes primary aluminum production 11
4.20 Tianshan Aluminum to expand production capacity 11
4.21 Zhanci New Material reduces secondary aluminum alloy ingot production 11
4.22 Longhua New Materials completes equipment maintenance for aluminum bar 11
5 Producers Statistics 12
5.1 Chinese alumina producers' operating rate up by 2.36% MOM in Jun 12
5.2 China's alumina output up by 5.53% YOY in Jun 12
5.3 Chinese aluminum fluoride producers' operating rate up by 17.89% YOY in Jun 12
5.4 China's aluminum fluoride output down by 2% MOM in Jun 13
5.5 China's aluminum fluoride inventory up by 42.5% MOM in late Jun 13
5.6 Guinean bauxite producers' operating rate up by 3.20% MOM in Jun 14
5.7 Guinean bauxite producers' output up by 5.30% YOY in Jun 14
5.8 Chinese primary aluminum producers' operating rate records 85.41% in late Jun 14
5.9 China's primary aluminum output up by 1% MOM in Jun 15
5.10 China's primary aluminum inventory down by 21.41% MOM in late Jun 15
5.11 Chinese secondary aluminum alloy producers' operating rate records 42.04% in Jun 16
5.12 China's secondary aluminum alloy output down by about 1.95% MOM in Jun 16
5.13 China's secondary aluminum alloy inventory down by 10.12% MOM in late Jun 17
5.14 Chinese aluminum bar producers' operating rate records 49.3% in Jun 17
5.15 China's aluminum bar output down by 4.22% MOM in Jun 18
5.16 China's aluminum bar inventory down by 25.61% MOM in late Jun 18
6 Consumers Statistics 19
6.1 China's consumption of imported bauxite up by 17.62% YOY in Jun 19
6.2 China's inventory of imported bauxite up by 3.51% MOM in late Jun 19
6.3 China's consumption of domestic bauxite down by 15.44% YOY in Jun 20
6.4 China's inventory of domestic bauxite down by 21.12% YOY in late Jun 20
7. Customs Statistics 21
7.1 China's bauxite import volume down by 4.84% MOM in May 21
7.2 China's alumina imports down by 15.55% MOM in May 21
7.3 China's anhydrous aluminum fluoride export volume up by 69.13% MOM in May 22
7.4 China's unwrought aluminum(Al<99.95%) import volume rose 113.33% YoY in May 2024 22
7.5 China's unwrought aluminum alloy import volume increased 33.41% YoY in May 2024 23
7.6 China's aluminum scrap import volume decreased 13.98% MoM in May 2024 24
7.7 China's unwrought aluminum alloy export volume rose 80.39% MoM in May 2024 25
1.1 Bauxite 5
1.2 Alumina 5
1.3 Aluminum fluoride 5
1.4 Primary aluminum 5
1.5 Secondary aluminum alloy ingot 5
1.6 Aluminum alloy ingot A356.2 5
1.7 Aluminum scrap 5
1.8 Aluminum bar 5
2 Policy and Economy 5
2.1 EU announces tariffs on Chinese electric vehicles 5
2.2 Kyrgyzstan plans to extend scrap export ban outside EAEU for another six months 5
2.3 Guizhou's latest round of mineral exploration achieves significant results 5
3 Market Movements 5
3.1 Chinese Market 5
3.1.1 Chinese origin bauxite price rises 5
3.1.2 Chinese origin alumina price falls 5
3.1.3 Price of Australian alumina soars 6
3.1.4 Price of Chinese aluminum fluoride unchanged 6
3.1.5 Aluminum hydroxide price moves up 6
3.1.6 Fluorspar price surges 6
3.1.7 Liquid caustic soda price moves up 6
3.1.8 Aluminum ingot 99.7%min price declines sharply 6
3.1.9 Price of Chinese aluminum alloy ingot ADC12 declines 7
3.1.10 Demand for Chinese aluminum alloy ingot A356.2 weak 7
3.1.11 Chinese cast aluminum scrap market sees weak supply and demand 7
3.1.12 TCs for Chinese aluminum bar 6063 increase 8
3.2 International Market 8
3.2.1 Price of Guinean bauxite rises 8
3.2.2 Export price of Australian alumina soars 9
3.2.3 Chinese aluminum fluoride export price moves up 9
3.2.4 Average price of imported cast aluminum alloy ingot increases 9
3.2.5 China's export market sees rare deals for aluminum alloy ingot ADC12 9
3.2.6 Chinese market sees few deals for imported Zorba aluminum scrap 9
4 Company News 9
4.1 UGA signs agreement with Aluminum Corporation of China to build smelter in Guinea 9
4.2 Yidian Holding starts building new primary aluminum project in Inner Mongolia 10
4.3 Guizhou Qiya's low-grade bauxite beneficiation project starts operation 10
4.4 East Hope (Sanmenxia) to increase alumina production 10
4.5 Valbaux plans to expand bauxite production capacity 10
4.6 Huayin Aluminum to start alumina equipment maintenance 10
4.7 Guangxi Xinfa to restart one alumina production line 10
4.8 Alufluor targets 20,000t of production in 2024 10
4.9 Tianshan Aluminum to expand production capacity 10
4.10 Vinacomin to start alumina equipment maintenance 10
4.11 Shenglin New Material completes maintenance of secondary aluminum alloy ingot equipment 10
4.12 Crescent Aluminum to cut aluminum bar output 10
4.13 Yunnan Shenhuo Aluminum achieves full-capacity production of primary aluminum 11
4.14 Kailong New Materials overhauls aluminum bar production equipment 11
4.15 Xinyongfa Aluminum restarts secondary aluminum alloy ingot production 11
4.16 Hengxin Aluminum suspends operation of one aluminum bar furnace 11
4.17 Southeast Precision Technology puts new aluminum bar equipment into trial production 11
4.18 Baoshuo New Materials suspends operation of aluminum bar smelting furnaces 11
4.19 Yunnan Qiya Aluminum resumes primary aluminum production 11
4.20 Tianshan Aluminum to expand production capacity 11
4.21 Zhanci New Material reduces secondary aluminum alloy ingot production 11
4.22 Longhua New Materials completes equipment maintenance for aluminum bar 11
5 Producers Statistics 12
5.1 Chinese alumina producers' operating rate up by 2.36% MOM in Jun 12
5.2 China's alumina output up by 5.53% YOY in Jun 12
5.3 Chinese aluminum fluoride producers' operating rate up by 17.89% YOY in Jun 12
5.4 China's aluminum fluoride output down by 2% MOM in Jun 13
5.5 China's aluminum fluoride inventory up by 42.5% MOM in late Jun 13
5.6 Guinean bauxite producers' operating rate up by 3.20% MOM in Jun 14
5.7 Guinean bauxite producers' output up by 5.30% YOY in Jun 14
5.8 Chinese primary aluminum producers' operating rate records 85.41% in late Jun 14
5.9 China's primary aluminum output up by 1% MOM in Jun 15
5.10 China's primary aluminum inventory down by 21.41% MOM in late Jun 15
5.11 Chinese secondary aluminum alloy producers' operating rate records 42.04% in Jun 16
5.12 China's secondary aluminum alloy output down by about 1.95% MOM in Jun 16
5.13 China's secondary aluminum alloy inventory down by 10.12% MOM in late Jun 17
5.14 Chinese aluminum bar producers' operating rate records 49.3% in Jun 17
5.15 China's aluminum bar output down by 4.22% MOM in Jun 18
5.16 China's aluminum bar inventory down by 25.61% MOM in late Jun 18
6 Consumers Statistics 19
6.1 China's consumption of imported bauxite up by 17.62% YOY in Jun 19
6.2 China's inventory of imported bauxite up by 3.51% MOM in late Jun 19
6.3 China's consumption of domestic bauxite down by 15.44% YOY in Jun 20
6.4 China's inventory of domestic bauxite down by 21.12% YOY in late Jun 20
7. Customs Statistics 21
7.1 China's bauxite import volume down by 4.84% MOM in May 21
7.2 China's alumina imports down by 15.55% MOM in May 21
7.3 China's anhydrous aluminum fluoride export volume up by 69.13% MOM in May 22
7.4 China's unwrought aluminum(Al<99.95%) import volume rose 113.33% YoY in May 2024 22
7.5 China's unwrought aluminum alloy import volume increased 33.41% YoY in May 2024 23
7.6 China's aluminum scrap import volume decreased 13.98% MoM in May 2024 24
7.7 China's unwrought aluminum alloy export volume rose 80.39% MoM in May 2024 25
