2012 Annual report on aluminum market
2013-03-11 14:29:23 【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.
Contents
Introduction 1
1 Basic attribute of aluminum 1
2 The characteristics of bauxite distribution at home and abroad 2
2.1 Reserve volume and features of bauxite resource in China 2
2.1.1 Reserve volume of bauxite resource in China 2
2.1.2 The characteristic of bauxite resource in China 2
2.1.3 The distribution of bauxite resources 3
2.1.3.1 Distribution of new-found bauxite reserves in China 3
2.1.3.2 Distribution of bauxite reserves in China 4
2.1.4 Typical ore deposits of bauxite in China 7
2.1.4.1 Guizhou Xiuwen small mountains dam bauxite mining area 7
2.1.4.2 Ke’e bauxite in Xiaoyi, Shanxi 7
2.1.4.3 Zhangyaoyuan bauxite deposit in Xin’an, Henan 7
2.1.4.4 Pingguo bauxite deposit in Guangxi 7
2.1.4.5 Goujiang bauxite in Zunyi, Guizhou 8
2.1.4.6 Hainan Penglai bauxite deposit 8
2.1.4.7 Wang Village bauxite in Zibo, Shandong 8
2.2 Bauxite resources and Characteristics in the world 8
2.2.1 The reserve volume of bauxite resources in the world 8
2.2.2 The distribution of bauxite in the world 9
2.2.3 Characteristics of global bauxite resources 11
3 Macro-economy Review 12
3.1 Three times of Quantitative Easing Policy in USA 12
3.1.1 US Quantitative Easing Policy overview 12
3.1.2 Influence of three QEs on global economy 13
3.2 The hardest European debt crisis gone, no recovery sign in the near-term 14
3.3 Japanese QE: the most uncertain factor to global market 14
3.4 Obstacles appearing for economic growth in emerging entities such as China and India 15
3.4.1 Will reform of China’s new government remove bottlenecks in economic growth? 15
3.4.2 Burdened India hard to speed up 15
3.5 US energy revolution and influence on oil prices 16
3.6 Where US dollar heads among complicated international economy 17
4 Output data analysis 17
4.1 Alumina output 17
4.1.1 Global alumina production 1999-2012 17
4.1.2 China’s alumina production 18
4.1.2.1 China’s alumina production 2001-2012 18
4.1.2.2 China’s alumina production in 2012 19
4.1.2.2.1 Shandong’s alumina production in 2012 19
4.1.2.2.2 Henan’s alumina production in 2012 20
4.1.2.2.3 Shanxi’s alumina production in 2012 20
4.1.2.2.4 Southwest China’s alumina production in 2012 20
4.1.2.2.5 Inner Mongolia’s alumina production in 2012 20
4.1.2.3 Operation rate of China’s alumina refineries in 2012 21
4.1.2.4 New alumina capacity in China 21
4.1.2.4.1 Total alumina capacity in China increases by 6,410,000tpy in 2012 21
4.1.2.4.2 Alumina capacity of 8,320,000tpy to come on stream in 2013 22
4.1.2.4.3 Alumina capacity of nearly 20,000,000tpy still under construction or in design 22
4.2 Primary aluminum production 23
4.2.1 Global primary aluminum production 23
4.2.1.1 Total global primary aluminum production 23
4.2.1.2 Primary aluminum production by continents 24
4.2.2 Output of primary aluminum in China 25
4.2.2.1 The proportion of Chinese primary aluminum production grows continuously 25
4.2.2.2 CAGR of Chinese primary aluminum production about 15.79% from 2001 to 2012 26
4.2.2.3 The distribution of Chinese primary aluminum production 27
4.2.2.4 New aluminum smelting capacities in China 28
4.2.2.4.1 Aluminum smelting capacity increased by 3,395,000tpy in China in 2012 28
4.2.2.4.2 Aluminum smelting capacity of 3,560,000tpy under construction 29
4.3 Aluminum fluoride output 30
4.3.1 Chinese aluminum fluoride output 30
4.3.2 Chinese aluminum fluoride production by region 31
4.3.3 Operating rate of aluminum fluoride plants 32
4.3.4 New aluminum fluoride capacities in China 33
4.4 Carbon Anode Output 33
4.4.1 Output of commercial carbon anode and operating rate 33
4.4.2 Statistics of commercial carbon anode capacity by region 34
4.4.3 Statistics of new commercial carbon anode capacity in 2013 35
4.4.4 Statistics of matching carbon anode capacity 35
4.4.5 Statistics of new matching carbon anode capacity in 2013 36
4.5 Aluminum alloy production 37
4.5.1 Chinese aluminum alloy production analysis in 2012 37
4.5.2 Chinese aluminum alloy production review from 2002 to 2012 38
4.5.2 Operating rate of Chinese secondary aluminum alloy plants in 2012 38
4.5.3 New capacities built or under building of Chinese major secondary aluminum alloy plants in 2013 39
5 Import and export data 39
5.1 Analysis for bauxite import 39
5.1.1Chinese bauxite import down by 11.28% YOY 2012 39
5.1.2 Bauxite import from Indonesia, Australia and India 40
5.1.3 Diversifying Chinese bauxite import 40
5.1.4 Bauxite import in Shandong accounts for 92.7% of total import 41
5.2 Analysis for import of alumina 43
5.2.1 China’s alumina import 2005-2012 43
5.2.2 China’s alumina import in 2012 44
5.2.3 Alumina imports and prices of Chinese major importers in 2012 44
5.3 Aluminum scraps import analysis 45
5.3.1 Chinese aluminum scraps import market review of 2010-2012 45
5.3.2 Aluminum scraps import from America and the import price analysis 46
5.3.3 Aluminum scraps import of Guangdong review 2010-2012 47
5.3.3 Chinese top ten aluminum scraps importers of China in 2012 48
5.4 Aluminum semi-products export 48
5.5 Aluminum alloy export analysis 49
5.5.1 Chinese aluminum alloy export market review 2010-2012 49
5.5.2 Chinese aluminum alloy export to Japan analysis 2011-2012 50
5.5.4 Chinese top seventeen aluminum alloy exporters in 2012 51
5.6 Export of aluminum fluoride 52
5.6.1 Chinese aluminum fluoride export up by 10.3% YOY in 2012 52
5.6.2 Chinese aluminum fluoride export by countries 53
5.6.3 Top seven Chinese aluminum fluoride exporters in 2012 54
5.7 Carbon anode export market 54
6 Analysis for demand from end users 55
6.1 Chinese motors production and sales analysis of 2012 55
7 Market trend review 56
7.1 Aluminum ingot market 56
7.1.1 Aluminum ingot market 56
7.1.2 Analysis for aluminum price trend on LME 57
7.2 Aluminum alloy analysis 58
7.2.1 Secondary aluminum alloy ingot market slack in the whole year with dropping price 58
7.2.2 A356 aluminum alloy price dropping 59
7.3 Analysis for cost composition 60
7.3.1 Aluminum ingot costs composition 60
7.3.1.1 Analysis for power cost 60
7.3.1.2 Analysis for alumina 61
7.3.1.2.1 Analysis for alumina price of non-Aluminum Corporation of China 61
7.3.1.2.2 Analysis for the price of spot alumina in Aluminum Corporation of China 62
7.3.1.3 Chinese carbon anode market 63
7.3.1.4 Chinese carbon cathode market 63
7.3.1.5 Aluminum fluoride market 64
7.3.1.5.1 Chinese aluminum fluoride market 64
7.3.1.5.2 Aluminum fluoride export price goes down gradually 64
7.3.1.6 Bauxite 66
7.3.1.6.1 Prices for Indonesia and Indian bauxite go up 66
7.3.1.6.2 High-held Brazil bauxite price restricts import volume 66
7.3.1.7 Fluorspar and cryolite market 67
7.3.1.8 Aluminum hydroxide price movements in 2012 67
8 Outlook for 2013 68
8.1 Outlook for economic trend 68
8.2 Outlook for Aluminum ingot market trend 68
8.3 Outlook for alumina price trend 68
8.4 Forecast of the trend of aluminum fluoride market 69
8.5 Forecast of the trend of carbon anode market 69
Picture& Table Column
Picture 1 Proportion of grade and retained reserves of Chinese bauxite 3
Picture 2 Bauxite reserve found in China in 2012 4
Picture 3 Bauxite distribution in China 4
Picture 4 World bauxite reserves 9
Picture 5 Bauxite reserve distribution in the world 10
Picture 6 Top 10 Bauxite Reserve Contries 10
Picture 7 Global alumina production 1999-2012 (10,000t) 18
Picture 8 China’s alumina production 2001-2012 (10,000t) 19
Picture 9 China’s alumina production in 2012 (10,000t) 19
Picture 10 Alumina production and operation rate in 2012 (10,000t) 21
Picture 11 Global primary aluminum production 24
Picture 12 Primary aluminum production by continents 24
Picture 13 Comparison of Chinese and global primary aluminum production 26
Picture 14 China's annual primary aluminum production from 2001 to 2012 26
Picture 15 Primary aluminum productions distribution in China in 2012 27
Picture 16 Primary aluminum productions distribution in China in 2011 28
Picture 17 Distribution of aluminum smelting capacities in China 28
Picture 18 Aluminum smelting capacities under construction in China in 2013 30
Picture 19 Chinese Aluminum Fluoride Output 2012 31
Picture 20 Chinese aluminum fluoride production by region 2012 32
Picture 21 Aluminum fluoride operating rate by region 2012 32
Picture 22 Output of Chinese commercial carbon anode in the second half year in 2012 34
Picture 23 Chinese bauxite import in 2012 40
Picture 24 Chinese bauxite import from Indonesia, Australia and India in 2012 (10,000t) 40
Picture 25 Bauxite import in Shandong province in 2012 42
Picture 26 China’s alumina imports 2005-2012 (10,000t) 43
Picture 27 China’s alumina import in 2012 (10,000t) 44
Picture 28 Alumina import of Chinese major importers in 2012 (10,000t) 45
Picture 29 Alumina import price of Chinese major importers in 2012 (USD/t) 45
Picture 30 Chinese aluminum semi-products exports in 2012 49
Picture 31 Chinese aluminum semi-products exports from 2001-2012 49
Picture 32 Chinese aluminum fluoride export in 2012 53
Picture 33 Chinese aluminum fluoride export to Australia and India in 2012 54
Picture 34 Top seven Chinese aluminum fluoride exporters in 2012 54
Picture35 Chinese aluminum ingot price chart in 2012（RMB/t） 57
Picture36 LME aluminum cash price (USD/t) 58
Picture37 Aluminum stocks on LME (Ton) 58
Picture38 2011Chinese aluminum ingot plants’ power charge 61
Picture39 2011Chinese alumina price moment (RMB/t) 62
Picture40 2011Chinese spot and contract alumina prices (RMB/t) 62
Picture41 2011Chalco alumina offers (RMB/t) 63
Picture 42 Chinese aluminum fluoride price movements in 2012 64
Picture 43 Chinese aluminum fluoride export price in 2012 in spot market (USD/t FOB China) 65
Picture 44 Chinese aluminum fluoride export price by long-term contracts 2012 (USD FOB China) 65
Picture 45 Chinese bauxite import price in 2012 66
Picture 46 Aluminum hydroxide price movements in China in 2012 (RMB/t) 68
Table 1 Bauxite bases in China 5
Table 2 Content of bauxite in each country 12
Table 3 New alumina capacity and designed alumina capacity in China (10,000t) 23
Table 4 Statistics of new aluminum fluoride capacity in China 2013 33
Table 5 Output of commercial carbon anode and operating rate 34
Table 6 Statistics of commercial carbon anode capacity 35
Table 7 New commercial carbon anode capacity in 2013 35
Table 8 Matching carbon anode capacities 36
Table 9 New matching carbon anode capacities 2013 36
Table 10 Chinese top seventeen aluminum alloy exporters in 2012 52
Table 11 Chinese major aluminum fluoride export targets above 1,000t in 2012 53
Table 12 Top ten carbon anode exporters in the fourth quarter in 2012 55
Introduction 1
1 Basic attribute of aluminum 1
2 The characteristics of bauxite distribution at home and abroad 2
2.1 Reserve volume and features of bauxite resource in China 2
2.1.1 Reserve volume of bauxite resource in China 2
2.1.2 The characteristic of bauxite resource in China 2
2.1.3 The distribution of bauxite resources 3
2.1.3.1 Distribution of new-found bauxite reserves in China 3
2.1.3.2 Distribution of bauxite reserves in China 4
2.1.4 Typical ore deposits of bauxite in China 7
2.1.4.1 Guizhou Xiuwen small mountains dam bauxite mining area 7
2.1.4.2 Ke’e bauxite in Xiaoyi, Shanxi 7
2.1.4.3 Zhangyaoyuan bauxite deposit in Xin’an, Henan 7
2.1.4.4 Pingguo bauxite deposit in Guangxi 7
2.1.4.5 Goujiang bauxite in Zunyi, Guizhou 8
2.1.4.6 Hainan Penglai bauxite deposit 8
2.1.4.7 Wang Village bauxite in Zibo, Shandong 8
2.2 Bauxite resources and Characteristics in the world 8
2.2.1 The reserve volume of bauxite resources in the world 8
2.2.2 The distribution of bauxite in the world 9
2.2.3 Characteristics of global bauxite resources 11
3 Macro-economy Review 12
3.1 Three times of Quantitative Easing Policy in USA 12
3.1.1 US Quantitative Easing Policy overview 12
3.1.2 Influence of three QEs on global economy 13
3.2 The hardest European debt crisis gone, no recovery sign in the near-term 14
3.3 Japanese QE: the most uncertain factor to global market 14
3.4 Obstacles appearing for economic growth in emerging entities such as China and India 15
3.4.1 Will reform of China’s new government remove bottlenecks in economic growth? 15
3.4.2 Burdened India hard to speed up 15
3.5 US energy revolution and influence on oil prices 16
3.6 Where US dollar heads among complicated international economy 17
4 Output data analysis 17
4.1 Alumina output 17
4.1.1 Global alumina production 1999-2012 17
4.1.2 China’s alumina production 18
4.1.2.1 China’s alumina production 2001-2012 18
4.1.2.2 China’s alumina production in 2012 19
4.1.2.2.1 Shandong’s alumina production in 2012 19
4.1.2.2.2 Henan’s alumina production in 2012 20
4.1.2.2.3 Shanxi’s alumina production in 2012 20
4.1.2.2.4 Southwest China’s alumina production in 2012 20
4.1.2.2.5 Inner Mongolia’s alumina production in 2012 20
4.1.2.3 Operation rate of China’s alumina refineries in 2012 21
4.1.2.4 New alumina capacity in China 21
4.1.2.4.1 Total alumina capacity in China increases by 6,410,000tpy in 2012 21
4.1.2.4.2 Alumina capacity of 8,320,000tpy to come on stream in 2013 22
4.1.2.4.3 Alumina capacity of nearly 20,000,000tpy still under construction or in design 22
4.2 Primary aluminum production 23
4.2.1 Global primary aluminum production 23
4.2.1.1 Total global primary aluminum production 23
4.2.1.2 Primary aluminum production by continents 24
4.2.2 Output of primary aluminum in China 25
4.2.2.1 The proportion of Chinese primary aluminum production grows continuously 25
4.2.2.2 CAGR of Chinese primary aluminum production about 15.79% from 2001 to 2012 26
4.2.2.3 The distribution of Chinese primary aluminum production 27
4.2.2.4 New aluminum smelting capacities in China 28
4.2.2.4.1 Aluminum smelting capacity increased by 3,395,000tpy in China in 2012 28
4.2.2.4.2 Aluminum smelting capacity of 3,560,000tpy under construction 29
4.3 Aluminum fluoride output 30
4.3.1 Chinese aluminum fluoride output 30
4.3.2 Chinese aluminum fluoride production by region 31
4.3.3 Operating rate of aluminum fluoride plants 32
4.3.4 New aluminum fluoride capacities in China 33
4.4 Carbon Anode Output 33
4.4.1 Output of commercial carbon anode and operating rate 33
4.4.2 Statistics of commercial carbon anode capacity by region 34
4.4.3 Statistics of new commercial carbon anode capacity in 2013 35
4.4.4 Statistics of matching carbon anode capacity 35
4.4.5 Statistics of new matching carbon anode capacity in 2013 36
4.5 Aluminum alloy production 37
4.5.1 Chinese aluminum alloy production analysis in 2012 37
4.5.2 Chinese aluminum alloy production review from 2002 to 2012 38
4.5.2 Operating rate of Chinese secondary aluminum alloy plants in 2012 38
4.5.3 New capacities built or under building of Chinese major secondary aluminum alloy plants in 2013 39
5 Import and export data 39
5.1 Analysis for bauxite import 39
5.1.1Chinese bauxite import down by 11.28% YOY 2012 39
5.1.2 Bauxite import from Indonesia, Australia and India 40
5.1.3 Diversifying Chinese bauxite import 40
5.1.4 Bauxite import in Shandong accounts for 92.7% of total import 41
5.2 Analysis for import of alumina 43
5.2.1 China’s alumina import 2005-2012 43
5.2.2 China’s alumina import in 2012 44
5.2.3 Alumina imports and prices of Chinese major importers in 2012 44
5.3 Aluminum scraps import analysis 45
5.3.1 Chinese aluminum scraps import market review of 2010-2012 45
5.3.2 Aluminum scraps import from America and the import price analysis 46
5.3.3 Aluminum scraps import of Guangdong review 2010-2012 47
5.3.3 Chinese top ten aluminum scraps importers of China in 2012 48
5.4 Aluminum semi-products export 48
5.5 Aluminum alloy export analysis 49
5.5.1 Chinese aluminum alloy export market review 2010-2012 49
5.5.2 Chinese aluminum alloy export to Japan analysis 2011-2012 50
5.5.4 Chinese top seventeen aluminum alloy exporters in 2012 51
5.6 Export of aluminum fluoride 52
5.6.1 Chinese aluminum fluoride export up by 10.3% YOY in 2012 52
5.6.2 Chinese aluminum fluoride export by countries 53
5.6.3 Top seven Chinese aluminum fluoride exporters in 2012 54
5.7 Carbon anode export market 54
6 Analysis for demand from end users 55
6.1 Chinese motors production and sales analysis of 2012 55
7 Market trend review 56
7.1 Aluminum ingot market 56
7.1.1 Aluminum ingot market 56
7.1.2 Analysis for aluminum price trend on LME 57
7.2 Aluminum alloy analysis 58
7.2.1 Secondary aluminum alloy ingot market slack in the whole year with dropping price 58
7.2.2 A356 aluminum alloy price dropping 59
7.3 Analysis for cost composition 60
7.3.1 Aluminum ingot costs composition 60
7.3.1.1 Analysis for power cost 60
7.3.1.2 Analysis for alumina 61
7.3.1.2.1 Analysis for alumina price of non-Aluminum Corporation of China 61
7.3.1.2.2 Analysis for the price of spot alumina in Aluminum Corporation of China 62
7.3.1.3 Chinese carbon anode market 63
7.3.1.4 Chinese carbon cathode market 63
7.3.1.5 Aluminum fluoride market 64
7.3.1.5.1 Chinese aluminum fluoride market 64
7.3.1.5.2 Aluminum fluoride export price goes down gradually 64
7.3.1.6 Bauxite 66
7.3.1.6.1 Prices for Indonesia and Indian bauxite go up 66
7.3.1.6.2 High-held Brazil bauxite price restricts import volume 66
7.3.1.7 Fluorspar and cryolite market 67
7.3.1.8 Aluminum hydroxide price movements in 2012 67
8 Outlook for 2013 68
8.1 Outlook for economic trend 68
8.2 Outlook for Aluminum ingot market trend 68
8.3 Outlook for alumina price trend 68
8.4 Forecast of the trend of aluminum fluoride market 69
8.5 Forecast of the trend of carbon anode market 69
Picture& Table Column
Picture 1 Proportion of grade and retained reserves of Chinese bauxite 3
Picture 2 Bauxite reserve found in China in 2012 4
Picture 3 Bauxite distribution in China 4
Picture 4 World bauxite reserves 9
Picture 5 Bauxite reserve distribution in the world 10
Picture 6 Top 10 Bauxite Reserve Contries 10
Picture 7 Global alumina production 1999-2012 (10,000t) 18
Picture 8 China’s alumina production 2001-2012 (10,000t) 19
Picture 9 China’s alumina production in 2012 (10,000t) 19
Picture 10 Alumina production and operation rate in 2012 (10,000t) 21
Picture 11 Global primary aluminum production 24
Picture 12 Primary aluminum production by continents 24
Picture 13 Comparison of Chinese and global primary aluminum production 26
Picture 14 China's annual primary aluminum production from 2001 to 2012 26
Picture 15 Primary aluminum productions distribution in China in 2012 27
Picture 16 Primary aluminum productions distribution in China in 2011 28
Picture 17 Distribution of aluminum smelting capacities in China 28
Picture 18 Aluminum smelting capacities under construction in China in 2013 30
Picture 19 Chinese Aluminum Fluoride Output 2012 31
Picture 20 Chinese aluminum fluoride production by region 2012 32
Picture 21 Aluminum fluoride operating rate by region 2012 32
Picture 22 Output of Chinese commercial carbon anode in the second half year in 2012 34
Picture 23 Chinese bauxite import in 2012 40
Picture 24 Chinese bauxite import from Indonesia, Australia and India in 2012 (10,000t) 40
Picture 25 Bauxite import in Shandong province in 2012 42
Picture 26 China’s alumina imports 2005-2012 (10,000t) 43
Picture 27 China’s alumina import in 2012 (10,000t) 44
Picture 28 Alumina import of Chinese major importers in 2012 (10,000t) 45
Picture 29 Alumina import price of Chinese major importers in 2012 (USD/t) 45
Picture 30 Chinese aluminum semi-products exports in 2012 49
Picture 31 Chinese aluminum semi-products exports from 2001-2012 49
Picture 32 Chinese aluminum fluoride export in 2012 53
Picture 33 Chinese aluminum fluoride export to Australia and India in 2012 54
Picture 34 Top seven Chinese aluminum fluoride exporters in 2012 54
Picture35 Chinese aluminum ingot price chart in 2012（RMB/t） 57
Picture36 LME aluminum cash price (USD/t) 58
Picture37 Aluminum stocks on LME (Ton) 58
Picture38 2011Chinese aluminum ingot plants’ power charge 61
Picture39 2011Chinese alumina price moment (RMB/t) 62
Picture40 2011Chinese spot and contract alumina prices (RMB/t) 62
Picture41 2011Chalco alumina offers (RMB/t) 63
Picture 42 Chinese aluminum fluoride price movements in 2012 64
Picture 43 Chinese aluminum fluoride export price in 2012 in spot market (USD/t FOB China) 65
Picture 44 Chinese aluminum fluoride export price by long-term contracts 2012 (USD FOB China) 65
Picture 45 Chinese bauxite import price in 2012 66
Picture 46 Aluminum hydroxide price movements in China in 2012 (RMB/t) 68
Table 1 Bauxite bases in China 5
Table 2 Content of bauxite in each country 12
Table 3 New alumina capacity and designed alumina capacity in China (10,000t) 23
Table 4 Statistics of new aluminum fluoride capacity in China 2013 33
Table 5 Output of commercial carbon anode and operating rate 34
Table 6 Statistics of commercial carbon anode capacity 35
Table 7 New commercial carbon anode capacity in 2013 35
Table 8 Matching carbon anode capacities 36
Table 9 New matching carbon anode capacities 2013 36
Table 10 Chinese top seventeen aluminum alloy exporters in 2012 52
Table 11 Chinese major aluminum fluoride export targets above 1,000t in 2012 53
Table 12 Top ten carbon anode exporters in the fourth quarter in 2012 55
