Monthly Fused Alumina Market Report Jan 2024

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 Sanmenxia Xinyu resumes fused alumina production 5
4.2 Xingyang Tenai resume white fused alumina production 5
4.3 Pinglu Jingang resumes brown fused alumina production 5
4.4 Zhengzhou Kexin resumes white fused alumina production 5
4.5 Xingyang Rongjin to suspended white fused alumina production 6
4.6 Jiyuan Jieda resumes brown fused alumina production 6
5 Producer Statistics 6
5.1 Chinese brown fused alumina producers' statistics 6
5.1.Asian Metal Copyright17% YoY and down 22.Asian Metal Copyright2 Chinese brown fused alumina producers' output down by 5.12% MoM in Jan 6
5.1.Asian Metal Copyright, resumed brown fused alumina production on 5th January, expecting an output of nearly 2,000t this month.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 16.89% MoM in Jan 7
5.2 Chinese white fused alumina producers' statistics 7
5.2.Asian Metal Copyright44mt in the previous month, up 212.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate down by 7.7% MoM in Jan 7
5.2.Asian Metal Copyright3 Pinglu Jingang resumes brown fused alumina production As a primary brown fused alumina producer in Shanxi, Pinglu Jingang Refractory Materials Co.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 47.68% MoM in Jan 8
6 Custom Statistics 8
6.1 China's brown fused alumina export volume rose 52.91% MoM in Dec 2024 8
6.2 China's white fused alumina export volume increased 29.87% YoY in Dec 2024 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 10
8.3 International Market 10
8.3.1 Brown fused alumina 95%min 1-3mm EXW India 10
8.3.2 Brown fused alumina 95%min F36 EXW India 10
8.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam 10
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.

Although the lower prices from Chinese competitors, given the good demand from local market, most Indian producers lifted their prices this month.

Based on the increased sea freights plus 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 sea freights plus the raised prices from Chinese suppliers, despite the weak demand, most suppliers in European lift 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 Copyright2 China's white fused alumina export volume increased 29.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 "Given the high prices of alumina and buyers watching attitudes, we could only produce with orders to control production costs.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 Jan 18, the on-site inspections carried out in the five provinces have been completed.Asian Metal Copyright54mt in the same period last year and USD894.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 Jan, the mainstream prices of Chinese brown fused alumina 95%min 1-3mm stood at RMB4,650-4850/t (USD654-682/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 2024-12-01 to 2024-01-31 (RMB/t)


3.1.2 Brown fused alumina 95%min F36 EXW China
In late Jan, the mainstream prices of Chinese brown fused alumina 95%min F36 stood at RMB4,960-5,160/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 2024-12-01 to 2024-01-31 (RMB/t)


3.1.3 White fused alumina 99%min 1-3mm EXW China
By the end of Jan, the mainstream prices of white fused alumina 99%min 1-3mm stood at RMB4,700-4,800/t (USD661-675/t) Inc-VAT EXW D/P, up by RMB280/t (USD39/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 2024-12-01 to 2024-01-31 (RMB/t)


3.1.4 White fused alumina 99%min F36 EXW China
In late Jan, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,950-5,150/t (USD697-725/t) Inc-VAT EXW D/P, up by RMB150/t (USD21/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 2024-12-01 to 2024-01-31 (RMB/t)


3.2 Chinese Export Market

3.2.1 Brown fused alumina 95%min 1-3mm FOB China
By the end of Jan, 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 2024-12-01 to 2024-01-31 (USD/t)


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

Price trend of brown fused alumina 95%min F36 FOB China from 2024-12-01 to 2024-01-31 (USD/t)


3.2.3 White fused alumina 99%min 1-3mm FOB China
By the end of Jan, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD650-670/t FOB China, up by USD25/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 2024-12-01 to 2024-01-31 (USD/t)


3.2.4 White fused alumina 99%min F36 FOB China

In late Jan, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD685-705/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 F36 FOB China from 2024-12-01 to 2024-01-31 (USD/t)


3.3 International Market

3.3.1 Brown fused alumina 95%min 1-3mm EXW India
By the end of Jan, the mainstream prices of brown fused alumina 95%min 1-3mm in Indian Market stayed at INR70,500-71,500/t Inc-VAT EXW T/T 45 days, up by INR500/t from late last week. Although the lower prices from Chinese competitors, given the good demand from local market, most Indian producers lifted their prices this month.

Price trend of brown fused alumina 95%min 1-3mm EXW India from 2024-12-01 to 2024-01-31 (INR/t)


3.3.2 Brown fused alumina 95%min F36 EXW India
By the end of Jan, the mainstream prices of brown fused alumina 95%min F36 in Indian Market stood at INR71,500-72,500/t Inc-VAT EXW T/T 45 days, up by INR500/t from late last week. Although the lower prices from Chinese competitors, given the good demand from local market, most Indian producers lifted their prices this month.

Price trend of brown fused alumina 95%min F36 EXW India from 2024-12-01 to 2024-01-31 (INR/t)


3.3.3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam
In late Jan, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR860-910/t T/T 30 days in Warehouses Rotterdam, up by EUR185/t MoM. Based on the increased sea freights plus the raised prices from Chinese suppliers, despite the weak demand, most suppliers in European lift their prices this month.

Price trend of brown fused alumina 95%min 1-3mm in Warehouse Rotterdam from 2024-12-01 to 2024-01-31 (EUR/t)


3.3.4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam
By the end of Jan, the mainstream prices of white fused alumina 99%min 1-3mm hovered at EUR865-915/t in Warehouse Rotterdam, up by EUR200/t MoM. Based on the increased sea freights plus the raised prices from Chinese suppliers, despite the weak demand, most suppliers in European lift their prices this month.

Price trend of white fused alumina 95%min 1-3mm in warehouse Rotterdam from 2024-12-01 to 2024-01-31 (EUR/t)


4 Company news

4.1 Sanmenxia Xinyu resumes fused alumina production
Sanmenxia Xinyu New Materials Co., Ltd.Asian Metal Copyright87% YoY in Dec 2024 9 7 Relevant Industry News 10 8 Market Outlook for Next Month 10 8.Asian Metal Copyright, a major white fused alumina producer in Henan, resumed their production today and plan to produce nearly 600t this month.Asian Metal Copyright5 Xingyang Rongjin to suspended white fused alumina production 6 4.Asian Metal Copyright "We halted production since early October 2022 due to the power supply shortage and resumed production today after the power supply restored in the end of 2024", a source from the company discloses, noting that they plan to produce about 600t in January.Asian Metal Copyright1 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.Asian Metal Copyright With a production capacity of 20,000tpy, they produced about 8,000t in 2022, while they have no output at all in 2024.Asian Metal Copyright Price trend of brown fused alumina 95%min 1-3mm FOB China from 2024-12-01 to 2024-01-31 USDt 3.Asian Metal Copyright Currently they hold no stock at all.

4.2 Xingyang Tenai resume white fused alumina production
A white fused alumina producer from Henan, Xingyang Tenai Abrasive Materials Co., Ltd.Asian Metal Copyright2 Brown fused alumina 95%min F36 EXW India 10 8.Asian Metal Copyright, resume the white fused alumina production since 4th January, expecting to produce around 500t this month.Asian Metal Copyright3.Asian Metal Copyright "Due to the air pollution orange alert, we halted production since 22nd December and resumed production about a week ago as the inspection of environmental protection ended", a source from the company reveals, noting that they produced about only 300t in December.Asian Metal Copyright06% YoY and up 396.Asian Metal Copyright With a production capacity of 36,000tpy, they produced about 7,000t in 2022 and only produced about 2,000t in 2024 due to the sluggish demand.Asian Metal Copyright00 in the same period last year and USD28,546,077.Asian Metal Copyright Currently they hold about 300t in stock.

4.3 Pinglu Jingang resumes brown fused alumina production
As a primary brown fused alumina producer in Shanxi, Pinglu Jingang Refractory Materials Co., Ltd.Asian Metal Copyright18mt in the previous month, up 18.Asian Metal Copyright, resumed brown fused alumina production on 5th January, expecting an output of nearly 2,000t this month.Asian Metal Copyright3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam In late Jan, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR860-910t TT 30 days in Warehouses Rotterdam, up by EUR185t MoM.Asian Metal Copyright "We halted production since early December because of the inspection of environmental protection resumed production on 5th January the air pollution alert cancelled", an insider in the company claimed, adding that they plan to produce about 2,000t in January.Asian Metal Copyright 8.Asian Metal Copyright Having a yearly production capacity of 83,000t, they had an output of nearly 41,000t last year and produced about 27,000t in 2024.Asian Metal Copyright4 White fused alumina 99%min F36 FOB China 4 3.Asian Metal Copyright They possessed an inventory of almost 2,000t at the moment.

4.4 Zhengzhou Kexin resumes white fused alumina production
Zhengzhou Kexin Abrasive Materials Co.,Ltd, a white fused alumina producer in Henan, just resumed their white fused alumina production this Monday, expecting an output of nearly 300t this month.Asian Metal Copyright25% MoM and up by 65.Asian Metal Copyright "We were in suspension since 22nd December due to the air pollution orange alert, and just resumed production early this week as the restriction policy ended since 15th January", an insider from the company discloses, noting that they produced about 600t in December.Asian Metal Copyright92mt in the same period last year and USD766.Asian Metal Copyright Having a production capacity of 20,000tpy, they produced about 7,000t in the year of 2022 and produced about 6,000t in 2024.Asian Metal Copyright5 Xingyang Rongjin to suspended white fused alumina production 6 4.Asian Metal Copyright Currently they hold an inventory of almost 300t.

4.5 Xingyang Rongjin to suspended white fused alumina production
As a major white fused alumina producer in China, Xingyang Rongjin White Fused Alumina Co., Ltd.Asian Metal Copyright The average price was USD690.Asian Metal Copyright plans to suspend their production by the end of this month, expecting an output of nearly 600t in January.Asian Metal Copyright In Jan-Dec 2024, China exported a total of 410,792.Asian Metal Copyright "Given the high prices of alumina and buyers watching attitudes, we could only produce with orders to control production costs.Asian Metal Copyright25% YoY.Asian Metal Copyright However, as most buyers use brown fused alumina to replace white fused alumina, we decided to start our Spring Festival holiday in advance and shut down by the end of this month ", a source from the company states, noting that they expect to produce about 600t this month.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China By the end of Jan, the export prices of Chinese white fused alumina 99%min 1-3mm increased to USD650-670t FOB China, up by USD25t MoM.Asian Metal Copyright Having a production capacity of 55,000tpy, they produced about 18,000t in 2022 and around 20,000t in 2024.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China In late Jan, the mainstream prices of Chinese white fused alumina 99%min F36 stayed at RMB4,950-5,150t USD697-725t Inc-VAT EXW DP, up by RMB150t USD21t MoM.Asian Metal Copyright Currently they hold an inventory of only 100t.

4.6 Jiyuan Jieda resumes brown fused alumina production
As a major brown fused alumina producer in Henan, Jiyuan Jieda Abrasive Materials Co., Ltd.Asian Metal Copyright30% YoY and up 19.Asian Metal Copyright, resumed brown fused alumina production on 10th January, expecting to produce about 600t this month.Asian Metal Copyright, Ltd.Asian Metal Copyright "Due to the high prices of white fused alumina, the market demand for brown fused alumina increased and we received some orders.Asian Metal Copyright53% YoY and up 52.Asian Metal Copyright Therefore, we resumed production on 10th January to finish these new orders before the Spring Festival holiday", a source from the company disclosed, noting that they expect an output of nearly 600t in January.Asian Metal Copyright Chinese white fused alumina producers' output by province from Jan 2022 to Jan 2024 t 5.Asian Metal Copyright With an annual production capacity of 27,000t, the company produced about 3,000t in 2022 and produced about 3,500t in 2024.Asian Metal Copyright53% YoY; that in other area was 0t, down by 100% MoM and down by 100% YoY.Asian Metal Copyright Right now they hold an inventory of only 200t.

5 Producer Statistics

5.1 Chinese brown fused alumina producers' statistics

5.1.Asian Metal Copyright Price trend of white fused alumina 99%min F36 FOB China from 2024-12-01 to 2024-01-31 USDt 3.Asian Metal Copyright1 Chinese brown fused alumina producers' operating rate down by 0.92% MoM in Jan
In Jan 2024, China's operating rate of brown fused alumina producers was 20.58%, down by 0.Asian Metal Copyright35mt of brown fused alumina to Japan, 9,160.Asian Metal Copyright92% MoM and up by 4.Asian Metal Copyright2 Alumina Powder The price of alumina Al2O3 98.Asian Metal Copyright85% YoY.

Chinese brown fused alumina producers' operating rate from Jan 2022 to Jan 2024 (t)


In Jan 2024, the operation rate of producers in Henan was 15.04%, up by 2.Asian Metal Copyright2 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.Asian Metal Copyright00% MoM and up by 6.Asian Metal Copyright53% MoM and down by 1.Asian Metal Copyright55% YoY; that in Guizhou was 20.Asian Metal Copyright3 White fused alumina 99%min 1-3mm EXW China By the end of Jan, the mainstream prices of white fused alumina 99%min 1-3mm stood at RMB4,700-4,800t USD661-675t Inc-VAT EXW DP, up by RMB280t USD39t MoM.Asian Metal Copyright02%, down by 0.Asian Metal Copyright, resumed brown fused alumina production on 10th January, expecting to produce about 600t this month.Asian Metal Copyright37% MoM and up by 9.Asian Metal Copyright2 Chinese white fused alumina producers' statistics 7 5.Asian Metal Copyright20% YoY; that in Shanxi was 14.Asian Metal Copyright, a major white fused alumina producer in Henan, resumed their production today and plan to produce nearly 600t this month.Asian Metal Copyright53%, down by 17.Asian Metal Copyright03mt in the same period last year and 231.Asian Metal Copyright43% MoM and down by 15.Asian Metal Copyright2.Asian Metal Copyright4% YoY; that in other area was 65.Asian Metal Copyright2 Alumina Powder The price of alumina Al2O3 98.Asian Metal Copyright88%, unchanged MoM and unchanged YoY.

Chinese brown fused alumina producers' operating rate from Jan 2022 to Jan 2024 (t)


5.1.Asian Metal Copyright54mt in the same period last year and USD894.Asian Metal Copyright2 Chinese brown fused alumina producers' output down by 5.12% MoM in Jan
In Jan 2024, Chinese brown fused alumina producers' output was 57,400t, down by 5.12% MoM and up by 20.Asian Metal Copyright2 Chinese white fused alumina producers' statistics 7 5.Asian Metal Copyright90% YoY.

Chinese brown fused alumina producers' output from Jan 2022 to Jan 2024


In Jan 2024, the output in Henan was 20,500t, up by 13.25% MoM and up by 65.Asian Metal Copyright1.Asian Metal Copyright32% YoY; that in Guizhou was 16,100t, down by 1.Asian Metal Copyright Chinese white fused alumina producers' inventory from Jan 2022 to Jan 2024 t In Jan 2024, the white fused alumina producers' inventory in Henan was 17,800t, down by 42.Asian Metal Copyright82% MoM and up by 85.Asian Metal Copyright1 Sanmenxia Xinyu resumes fused alumina production 5 4.Asian Metal Copyright05% YoY; that in other area was 14,000t, unchanged MoM and unchanged YoY; that in Shanxi was 5,000t, down by 54.Asian Metal Copyright87% YoY in Dec 2024 In Dec 2024, China exported 40,356.Asian Metal Copyright54% MoM and down by 51.Asian Metal Copyright1.Asian Metal Copyright45% YoY.

Chinese brown fused alumina producers' output by province from
Jan 2022 to Jan 2024


5.1.Asian Metal Copyright00 in the previous month, down 41.Asian Metal Copyright3 Chinese brown fused alumina producers' inventory down by 16.89% MoM in Jan
In Jan 2024, Chinese brown fused alumina producers' inventory was 49,200t, down by 16.89% MoM and down by 44.Asian Metal Copyright3 White fused alumina 99%min 1-3mm EXW China As the alumina price keep stable, most producers would firm their prices next month.Asian Metal Copyright59% YoY.

Chinese brown fused alumina producers' inventory from Jan 2022 to Jan 2024(t)


In Jan 2024, the brown fused alumina producers' inventory in Henan was 20,300t, down by 14.75% MoM and down by 51.Asian Metal Copyright5%min Na2O 0.Asian Metal Copyright66% YoY; that in Guizhou was 11,900t, down by 15.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China 10 8.Asian Metal Copyright60% MoM and down by 22.Asian Metal Copyright2 China's white fused alumina export volume increased 29.Asian Metal Copyright22% YoY; that in Shanxi was 6,700t, down by 39.Asian Metal Copyright China exported 17,075.Asian Metal Copyright09% MoM and down by 55.Asian Metal Copyright Price trend of brown fused alumina 95%min F36 FOB China from 2024-12-01 to 2024-01-31 USDt 3.Asian Metal Copyright33% YoY; that in other area was 10,000t, unchanged MoM, down by 33.Asian Metal Copyright55mt of white fused alumina to India, 4,625.Asian Metal Copyright33% YoY.

Chinese brown fused alumina producers' inventory by province from
Jan 2022 to Jan 2024(t)


5.2 Chinese white fused alumina producers' statistics

5.2.Asian Metal Copyright19% MoM and down by 1.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate down by 7.7% MoM in Jan
In Jan 2024, Chinese white fused alumina producers' operating rate was 24.68%, down by 7.Asian Metal Copyright15mt of brown fused alumina, 481,252.Asian Metal Copyright7% MoM and down by 0.Asian Metal Copyright,Ltd, a white fused alumina producer in Henan, just resumed their white fused alumina production this Monday, expecting an output of nearly 300t this month.Asian Metal Copyright25% YoY.

Chinese white fused alumina producers' operating rate from Jan 2022 to Jan 2024 (%)


In Jan 2024, the operating rate of white fused alumina producers in Henan was 23.25%, down by 3.Asian Metal Copyright12% MoM in Jan In Jan 2024, Chinese brown fused alumina producers' output was 57,400t, down by 5.Asian Metal Copyright53% MoM and down by 1.Asian Metal Copyright1 Chinese white fused alumina producers' operating rate down by 7.Asian Metal Copyright97% YoY; that in Shandong was 28.Asian Metal Copyright3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam 10 8.Asian Metal Copyright05%, down by 13.Asian Metal Copyright77mt in the previous month.Asian Metal Copyright6% MoM and up by 5.Asian Metal Copyright2.Asian Metal Copyright13% YoY; that in other area was 5.Asian Metal Copyright1 Brown fused alumina 95%min 1-3mm EXW India 4 3.Asian Metal Copyright76%, down by 13.Asian Metal Copyright2 Chinese white fused alumina producers' statistics 5.Asian Metal Copyright44% MoM, down by 42.Asian Metal Copyright3 International Market 3.Asian Metal Copyright24% YoY.

Chinese white fused alumina producers operating rates by province from Jan 2022 to Jan 2024


5.2.Asian Metal Copyright85mt in the same period last year and USD793.Asian Metal Copyright2 Chinese white fused alumina producers' output down by 23.77% MoM in Jan
In Jan 2024, Chinese white fused alumina producers' output was 51,300t, down by 23.77% MoM and up by 5.Asian Metal Copyright15% MoM.Asian Metal Copyright77% YoY.

Chinese white fused alumina producers' output from Jan 2022 to Jan 2024


In Jan 2024, the white fused alumina producers' output in Henan was 28,300t, down by 13.19% MoM and down by 1.Asian Metal Copyright 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 Dec 2024, the top three export destinations of white fused alumina for China were United States, India and South Korea.Asian Metal Copyright04% YoY; that in Shandong was 22,700t, down by 32.Asian Metal Copyright 4.Asian Metal Copyright64% MoM and up by 30.Asian Metal Copyright71% YoY and down 2.Asian Metal Copyright45% YoY; that in other area was 300t, down by 70.Asian Metal Copyright2.Asian Metal Copyright00% MoM and down by 88.Asian Metal Copyright China exported 3,972.Asian Metal Copyright00% YoY.

Chinese white fused alumina producers' output by province from Jan 2022 to Jan 2024 (t)


5.2.Asian Metal Copyright, resume the white fused alumina production since 4th January, expecting to produce around 500t this month.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 47.68% MoM in Jan
In Jan 2024, Chinese white fused alumina producers' inventory was 28,300t, down by 47.68% MoM and down by 33.Asian Metal Copyright25%, down by 3.Asian Metal Copyright25% YoY.

Chinese white fused alumina producers' inventory from Jan 2022 to Jan 2024 (t)


In Jan 2024, the white fused alumina producers' inventory in Henan was 17,800t, down by 42.01% MoM and down by 32.Asian Metal Copyright60% MoM.Asian Metal Copyright57% YoY; that in Shandong was 10,500t, down by 53.Asian Metal Copyright28mt in the same period last year and USD754.Asian Metal Copyright12% MoM and down by 29.Asian Metal Copyright2.Asian Metal Copyright53% YoY; that in other area was 0t, down by 100% MoM and down by 100% YoY.

Chinese white fused alumina producers' inventory by province from
Jan 2022 to Jan 2024 (t)


6 Custom Statistics

6.1 China's brown fused alumina export volume rose 52.91% MoM in Dec 2024
In Dec 2024, China exported 45,390.17mt of brown fused alumina, 38,294.Asian Metal Copyright20% YoY; that in Shanxi was 14.Asian Metal Copyright48mt in the same period last year and 29,685.Asian Metal Copyright In spite of the sluggish market demand, given the increased bauxite prices, most producers lifted their prices this month.Asian Metal Copyright18mt in the previous month, up 18.Asian Metal Copyright 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 Dec 2024, the top three export destinations of brown fused alumina for China were United States, Japan and South Korea.Asian Metal Copyright53% YoY and up 52.Asian Metal Copyright43% MoM and down by 15.Asian Metal Copyright91% MoM.
In Dec 2024, China exported USD31,328,529.00 worth of brown fused alumina, USD80,467,598.Asian Metal Copyright2.Asian Metal Copyright00 in the same period last year and USD22,405,404.Asian Metal Copyright82mt of white fused alumina, 390,911.Asian Metal Copyright00 in the previous month, down 61.Asian Metal Copyright The average price was USD737.Asian Metal Copyright07% YoY and up 39.Asian Metal Copyright25%, down by 3.Asian Metal Copyright83% MoM.Asian Metal Copyright In spite of the sluggish market demand, given the increased bauxite prices, most producers lifted their prices this month.Asian Metal Copyright The average price was USD690.21/mt, USD2,101.28/mt in the same period last year and USD754.77/mt in the previous month.
In Jan-Dec 2024, China exported a total of 431,198.15mt of brown fused alumina, 481,252.Asian Metal Copyright89% MoM in Jan 7 5.Asian Metal Copyright73mt in the same period last year, down 10.Asian Metal Copyright2.Asian Metal Copyright40% 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 Dec 2024, the top three export destinations of brown fused alumina for China were United States, Japan and South Korea.
China exported 17,075.24mt of brown fused alumina to United States, 3,115.Asian Metal Copyright Most exporters raised their prices on basis of the lifted domestic prices, though the weak market demand.Asian Metal Copyright03mt in the same period last year and 231.Asian Metal Copyright .Asian Metal Copyright50mt in the previous month, up 448.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China As the alumina price keep steady, most producers would hold their prices firm next month.Asian Metal Copyright16% YoY and up 7,275.Asian Metal Copyright "We were in suspension since 22nd December due to the air pollution orange alert, and just resumed production early this week as the restriction policy ended since 15th January", an insider from the company discloses, noting that they produced about 600t in December.Asian Metal Copyright79% MoM.Asian Metal Copyright30mt in the same period last year and 2,935.Asian Metal Copyright The average price was USD535.34/mt, USD535.92/mt in the same period last year and USD766.16/mt in the previous month, down 0.Asian Metal Copyright3 White fused alumina 99%min 1-3mm FOB China 4 3.Asian Metal Copyright19% YoY and down 30.Asian Metal Copyright3.Asian Metal Copyright16% MoM.
China exported 3,972.35mt of brown fused alumina to Japan, 9,160.Asian Metal Copyright Most exporters raised their prices on basis of the lifted domestic prices, though the weak market demand.Asian Metal Copyright41mt in the same period last year and 4,914.Asian Metal Copyright Chinese white fused alumina producers' operating rate from Jan 2022 to Jan 2024 % In Jan 2024, the operating rate of white fused alumina producers in Henan was 23.Asian Metal Copyright33mt in the previous month, down 56.Asian Metal Copyright, Ltd.Asian Metal Copyright64% YoY and down 19.Asian Metal Copyright2.Asian Metal Copyright17% MoM.Asian Metal Copyright4 White fused alumina 99%min 1-3mm in Warehouse Rotterdam By the end of Jan, the mainstream prices of white fused alumina 99%min 1-3mm hovered at EUR865-915t in Warehouse Rotterdam, up by EUR200t MoM.Asian Metal Copyright The average price was USD808.33/mt, USD2,144.85/mt in the same period last year and USD793.55/mt in the previous month, down 62.Asian Metal Copyright However, as most buyers use brown fused alumina to replace white fused alumina, we decided to start our Spring Festival holiday in advance and shut down by the end of this month ", a source from the company states, noting that they expect to produce about 600t this month.Asian Metal Copyright33% YoY and up 1.Asian Metal Copyright Despite the weak market demand, given the increasing alumina prices, most producers raise their prices this month.Asian Metal Copyright76% MoM.
China exported 3,511.54mt of brown fused alumina to South Korea, 2,654.Asian Metal Copyright Right now they hold an inventory of only 200t.Asian Metal Copyright30mt in the same period last year and 2,935.Asian Metal Copyright28mt in the same period last year and USD754.Asian Metal Copyright70mt in the previous month, up 32.Asian Metal Copyright3 Chinese white fused alumina producers' inventory down by 47.Asian Metal Copyright30% YoY and up 19.Asian Metal Copyright Given the raised domestic prices, despite the weak market demand, most exporters raised their prices.Asian Metal Copyright61% MoM.Asian Metal Copyright3.Asian Metal Copyright The average price was USD885.29/mt, USD1,850.54/mt in the same period last year and USD894.75/mt in the previous month, down 52.Asian Metal Copyright3 Pinglu Jingang resumes brown fused alumina production 5 4.Asian Metal Copyright19% YoY and down 1.Asian Metal Copyright30% YoY and up 19.Asian Metal Copyright12% 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 increased 29.87% YoY in Dec 2024
In Dec 2024, China exported 40,356.65mt of white fused alumina, 31,075.Asian Metal Copyright75mt in the previous month, down 52.Asian Metal Copyright34mt in the same period last year and 35,841.Asian Metal Copyright3 Carbon electrode Discouraged by the prices Decline of petroleum coke, the mainstream prices moved down in the past month.Asian Metal Copyright49mt in the previous month, up 29.Asian Metal Copyright Prices of white fused alumina 99%min 1-3mm EXW China from 2024-12-01 to 2024-01-31 RMBt 3.Asian Metal Copyright87% YoY and up 12.Asian Metal Copyright2 Chinese Export Market 10 8.Asian Metal Copyright60% MoM.
In Dec 2024, China exported USD32,973,225.00 worth of white fused alumina, USD56,181,621.Asian Metal Copyright3 Brown fused alumina 95%min 1-3mm in Warehouse Rotterdam In late Jan, the mainstream prices of European brown fused alumina 95%min 1-3mm stood at EUR860-910t TT 30 days in Warehouses Rotterdam, up by EUR185t MoM.Asian Metal Copyright00 in the same period last year and USD28,546,077.Asian Metal Copyright Although the lower prices from Chinese competitors, given the good demand from local market, most Indian producers lifted their prices this month.Asian Metal Copyright00 in the previous month, down 41.Asian Metal Copyright5 Xingyang Rongjin to suspended white fused alumina production 6 4.Asian Metal Copyright31% YoY and up 15.Asian Metal Copyright00mt in the previous month, down 9.Asian Metal Copyright51% MoM.Asian Metal Copyright61% MoM.Asian Metal Copyright The average price was USD817.05/mt, USD1,807.92/mt in the same period last year and USD796.45/mt in the previous month.
In Jan-Dec 2024, China exported a total of 410,792.82mt of white fused alumina, 390,911.Asian Metal Copyright The average price was USD885.Asian Metal Copyright03mt in the same period last year, up 5.Asian Metal Copyright China exported 4,953.Asian Metal Copyright09% 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 Dec 2024, the top three export destinations of white fused alumina for China were United States, India and South Korea.
China exported 6,684.64mt of white fused alumina to United States, 2,142.Asian Metal Copyright00% MoM and down by 88.Asian Metal Copyright12mt in the same period last year and 1,345.Asian Metal Copyright21mt, USD2,101.Asian Metal Copyright44mt in the previous month, up 212.Asian Metal Copyright Based on the increased sea freights plus the raised prices from Chinese suppliers, despite the weak demand, most suppliers in European lift their prices this month.Asian Metal Copyright06% YoY and up 396.Asian Metal Copyright Price trend of brown fused alumina 95%min F36 EXW India from 2024-12-01 to 2024-01-31 INRt 3.Asian Metal Copyright84% MoM.Asian Metal Copyright Price trend of brown fused alumina 95%min 1-3mm in Warehouse Rotterdam from 2024-12-01 to 2024-01-31 EURt 3.Asian Metal Copyright The average price was USD737.49/mt, USD1,369.10/mt in the same period last year and USD952.39/mt in the previous month, down 46.Asian Metal Copyright50mt in the previous month, up 448.Asian Metal Copyright17% YoY and down 22.Asian Metal Copyright3.Asian Metal Copyright58% MoM.
China exported 4,953.55mt of white fused alumina to India, 4,625.Asian Metal Copyright92mt in the same period last year and USD796.Asian Metal Copyright61mt in the same period last year and 2,999.Asian Metal Copyright In Jan-Dec 2024, China exported a total of 410,792.Asian Metal Copyright87mt in the previous month, up 7.Asian Metal Copyright2 China's white fused alumina export volume increased 29.Asian Metal Copyright09% YoY and up 65.Asian Metal Copyright26% YoY and up 0.Asian Metal Copyright13% MoM.Asian Metal Copyright4 White fused alumina 99%min F36 FOB China In late Jan, the mainstream export prices of Chinese white fused alumina 99%min F36 stayed at USD685-705t FOB China, up by USD15t MoM.Asian Metal Copyright The average price was USD688.68/mt, USD974.10/mt in the same period last year and USD684.42/mt in the previous month, down 29.Asian Metal Copyright55% YoY; that in Guizhou was 20.Asian Metal Copyright26% YoY and up 0.Asian Metal Copyright With a production capacity of 36,000tpy, they produced about 7,000t in 2022 and only produced about 2,000t in 2024 due to the sluggish demand.Asian Metal Copyright73% MoM.
China exported 3,274.23mt of white fused alumina to South Korea, 3,604.Asian Metal Copyright15mt of brown fused alumina, 481,252.Asian Metal Copyright41mt in the same period last year and 3,905.Asian Metal Copyright Chinese brown fused alumina producers' operating rate from Jan 2022 to Jan 2024 t 5.Asian Metal Copyright00mt in the previous month, down 9.Asian Metal Copyright 8.Asian Metal Copyright16% YoY and down 16.Asian Metal Copyright00 worth of white fused alumina, USD56,181,621.Asian Metal Copyright15% MoM.Asian Metal Copyright 4.Asian Metal Copyright The average price was USD860.74/mt, USD1,782.68/mt in the same period last year and USD883.44/mt in the previous month, down 51.Asian Metal Copyright4 White fused alumina 99%min F36 EXW China As the alumina price keep steady, most producers would hold their prices firm next month.Asian Metal Copyright71% YoY and down 2.Asian Metal Copyright10mt in the same period last year and USD684.Asian Metal Copyright49% 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 Copyright23mt of white fused alumina to South Korea, 3,604.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 fatten out next month.

8.2.2 Brown fused alumina 95%min F36 FOB China
Given the flattened domestic prices, the export prices would keep steady next month.

8.2.3 White fused alumina 99%min 1-3mm FOB China
Considering the steady domestic prices, the export prices would keep stable next month.

8.2.4 White fused alumina 99%min F36 FOB China
Considering the stable domestic prices, the export prices would stay stable 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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