Monthly Aluminum Market Report Aug 2024
2024-09-14 16:44:54 【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 Turkey's AD measure on China's aluminum foils to expire in Jan 2025 5
2.2 Henan plans to cancel 8% bauxite tax subsidy 5
2.3 Indonesia introduces domestic bauxite guidance prices 5
2.4 Indian state of Jharkhand to impose taxes on bauxite mining 5
2.5 Indonesian authorities impose penalties on mining companies for project delays 5
3 Market Movements 6
3.1 Chinese Market 6
3.1.1 Chinese origin bauxite price rises 6
3.1.2 Chinese origin alumina price increases 6
3.1.3 Price of Australian alumina soars 6
3.1.4 Price of Chinese aluminum fluoride declines 6
3.1.5 Aluminum hydroxide price surges 6
3.1.6 Fluorspar price moves down 6
3.1.7 Liquid caustic soda price rises 7
3.1.8 Aluminum ingot 99.7%min price moves up 7
3.1.9 Price of Chinese aluminum alloy ingot ADC12 rises 7
3.1.10 Chinese aluminum alloy ingot A356.2 market sees weak demand 7
3.1.11 Chinese cast aluminum scrap price up 8
3.1.12 Demand for Chinese aluminum bar 6063 recovers 8
3.2 International Market 9
3.2.1 Price of Guinean bauxite soars 9
3.2.2 Export price of Australian alumina soars 9
3.2.3 Chinese aluminum fluoride export price moves down 9
3.2.4 Price of imported cast aluminum alloy ingot rebounds 9
3.2.5 Export prices for aluminum alloy ingot ADC12 rise 9
3.2.6 Chinese market sees increasing deals for imported Zorba aluminum scrap 10
4 Company News 10
4.1 Elite Mining plans to export the first vessel of bauxite in September 10
4.2 Vedanta Reports 36% YoY Rise in Alumina Production in Q2 10
4.3 Zhixuan New Materials to start the second alumina production line 10
4.4 Nigeria TAM cuts secondary aluminum alloys production 10
4.5 Ashapura finishes port building for bauxite transportation 10
4.6 Camalco agrees a bauxite mining convention 10
4.7 MIND ID's smelter grade alumina project in Mempawah to start operation in Sep 10
4.8 CTC Mining restarts bauxite production 11
4.9 Jinhe Technology plans to suspend aluminum fluoride production 11
4.10 H.A.P plans to expand bauxite production capacity in Laos 11
4.11 Henan Shuaiyichi suspends secondary aluminum alloy ingot production 11
4.12 Yunlv Yuxin reaches full production of primary aluminum 11
4.13 Xiongchuang Aluminum Alloy to halt secondary aluminum alloy ingot production 11
4.14 Benteng Aluminum halts aluminum bar production 11
4.15 Tianlin Aluminum carries out maintenance on aluminum bar production lines 11
4.16 Senke Nonferrous resumes secondary aluminum alloy ingot production 11
4.17 Shijin Metal Material restarts secondary aluminum alloy ingot production 11
4.18 Shangrao Yadrin suspends operation of secondary aluminum alloy ingot production equipment 12
4.19 Xinxin Metal resumes secondary aluminum alloy ingot production 12
4.20 Yifan Aluminum increases aluminum bar production 12
4.21 Xinyongfa Aluminum restarts secondary aluminum alloy ingot production 12
4.22 Zhonghao Technology suspends aluminum bar production 12
4.23 Tianlin Aluminum to complete maintenance on aluminum bar production equipment 12
5 Producers Statistics 12
5.1 Chinese alumina producers' operating rate up by 3.87% YOY in Aug 12
5.2 China's alumina output up by 2.61% YOY in Aug 13
5.3 Chinese aluminum fluoride producers' operating rate up by 24.85% YOY in Aug 13
5.4 China's aluminum fluoride output down by 7.55% MOM in Aug 14
5.5 China's aluminum fluoride inventory down by 35.14% MOM in late Aug 14
5.6 Guinean bauxite producers' operating rate down by 11.25% MOM in Aug 14
5.7 Guinean bauxite producers' output up by 14.41% YOY in Aug 15
5.8 Chinese primary aluminum producers' operating rate records 86.58% in late Aug 15
5.9 China's primary aluminum output up by 0.18% MOM in Aug 15
5.10 China's primary aluminum inventory down by 47.35% MOM in late Aug 16
5.11 Chinese secondary aluminum alloy producers' operating rate records 41.37% in Aug 16
5.12 China's secondary aluminum alloy output down by about 3.63% MOM in Aug 17
5.13 China's secondary aluminum alloy inventory down by 23.71% MOM in late Aug 17
5.14 Chinese aluminum bar producers' operating rate records 51.61% in Aug 18
5.15 China's aluminum bar output up by 4.06% MOM in Aug 18
5.16 China's aluminum bar inventory down by 13.36% MOM in late Aug 19
6 Consumers Statistics 19
6.1 China's consumption of imported bauxite up by 18.87% YOY in Aug 19
6.2 China's inventory of imported bauxite up by 1.47% MOM in late Aug 20
6.3 China's consumption of domestic bauxite down by 18.90% YOY in Aug 20
6.4 China's inventory of domestic bauxite down by 17.74% YOY in late Aug 21
7. Customs Statistics 21
7.1 China's bauxite import volume up by 12.49% MOM in Jul 21
7.2 China's alumina imports up by 87.30% MOM in Jul 22
7.3 China's anhydrous aluminum fluoride export volume up by 46.90% MOM in Jul 22
7.4 China's low density aluminum fluoride export volume up by 39.84% MOM in Jul 23
7.5 China's unwrought aluminum(Al＜99.95%) import volume increased 11.40% YoY in Jul 2024 23
7.6 China's unwrought aluminum alloy import volume increased 16.48% YoY in Jul 2024 24
7.7 China's aluminum scrap import volume down by 3.44% MOM in Jul 25
7.8 China's unwrought aluminum alloy export volume declined 23.03% YoY in Jul 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 Turkey's AD measure on China's aluminum foils to expire in Jan 2025 5
2.2 Henan plans to cancel 8% bauxite tax subsidy 5
2.3 Indonesia introduces domestic bauxite guidance prices 5
2.4 Indian state of Jharkhand to impose taxes on bauxite mining 5
2.5 Indonesian authorities impose penalties on mining companies for project delays 5
3 Market Movements 6
3.1 Chinese Market 6
3.1.1 Chinese origin bauxite price rises 6
3.1.2 Chinese origin alumina price increases 6
3.1.3 Price of Australian alumina soars 6
3.1.4 Price of Chinese aluminum fluoride declines 6
3.1.5 Aluminum hydroxide price surges 6
3.1.6 Fluorspar price moves down 6
3.1.7 Liquid caustic soda price rises 7
3.1.8 Aluminum ingot 99.7%min price moves up 7
3.1.9 Price of Chinese aluminum alloy ingot ADC12 rises 7
3.1.10 Chinese aluminum alloy ingot A356.2 market sees weak demand 7
3.1.11 Chinese cast aluminum scrap price up 8
3.1.12 Demand for Chinese aluminum bar 6063 recovers 8
3.2 International Market 9
3.2.1 Price of Guinean bauxite soars 9
3.2.2 Export price of Australian alumina soars 9
3.2.3 Chinese aluminum fluoride export price moves down 9
3.2.4 Price of imported cast aluminum alloy ingot rebounds 9
3.2.5 Export prices for aluminum alloy ingot ADC12 rise 9
3.2.6 Chinese market sees increasing deals for imported Zorba aluminum scrap 10
4 Company News 10
4.1 Elite Mining plans to export the first vessel of bauxite in September 10
4.2 Vedanta Reports 36% YoY Rise in Alumina Production in Q2 10
4.3 Zhixuan New Materials to start the second alumina production line 10
4.4 Nigeria TAM cuts secondary aluminum alloys production 10
4.5 Ashapura finishes port building for bauxite transportation 10
4.6 Camalco agrees a bauxite mining convention 10
4.7 MIND ID's smelter grade alumina project in Mempawah to start operation in Sep 10
4.8 CTC Mining restarts bauxite production 11
4.9 Jinhe Technology plans to suspend aluminum fluoride production 11
4.10 H.A.P plans to expand bauxite production capacity in Laos 11
4.11 Henan Shuaiyichi suspends secondary aluminum alloy ingot production 11
4.12 Yunlv Yuxin reaches full production of primary aluminum 11
4.13 Xiongchuang Aluminum Alloy to halt secondary aluminum alloy ingot production 11
4.14 Benteng Aluminum halts aluminum bar production 11
4.15 Tianlin Aluminum carries out maintenance on aluminum bar production lines 11
4.16 Senke Nonferrous resumes secondary aluminum alloy ingot production 11
4.17 Shijin Metal Material restarts secondary aluminum alloy ingot production 11
4.18 Shangrao Yadrin suspends operation of secondary aluminum alloy ingot production equipment 12
4.19 Xinxin Metal resumes secondary aluminum alloy ingot production 12
4.20 Yifan Aluminum increases aluminum bar production 12
4.21 Xinyongfa Aluminum restarts secondary aluminum alloy ingot production 12
4.22 Zhonghao Technology suspends aluminum bar production 12
4.23 Tianlin Aluminum to complete maintenance on aluminum bar production equipment 12
5 Producers Statistics 12
5.1 Chinese alumina producers' operating rate up by 3.87% YOY in Aug 12
5.2 China's alumina output up by 2.61% YOY in Aug 13
5.3 Chinese aluminum fluoride producers' operating rate up by 24.85% YOY in Aug 13
5.4 China's aluminum fluoride output down by 7.55% MOM in Aug 14
5.5 China's aluminum fluoride inventory down by 35.14% MOM in late Aug 14
5.6 Guinean bauxite producers' operating rate down by 11.25% MOM in Aug 14
5.7 Guinean bauxite producers' output up by 14.41% YOY in Aug 15
5.8 Chinese primary aluminum producers' operating rate records 86.58% in late Aug 15
5.9 China's primary aluminum output up by 0.18% MOM in Aug 15
5.10 China's primary aluminum inventory down by 47.35% MOM in late Aug 16
5.11 Chinese secondary aluminum alloy producers' operating rate records 41.37% in Aug 16
5.12 China's secondary aluminum alloy output down by about 3.63% MOM in Aug 17
5.13 China's secondary aluminum alloy inventory down by 23.71% MOM in late Aug 17
5.14 Chinese aluminum bar producers' operating rate records 51.61% in Aug 18
5.15 China's aluminum bar output up by 4.06% MOM in Aug 18
5.16 China's aluminum bar inventory down by 13.36% MOM in late Aug 19
6 Consumers Statistics 19
6.1 China's consumption of imported bauxite up by 18.87% YOY in Aug 19
6.2 China's inventory of imported bauxite up by 1.47% MOM in late Aug 20
6.3 China's consumption of domestic bauxite down by 18.90% YOY in Aug 20
6.4 China's inventory of domestic bauxite down by 17.74% YOY in late Aug 21
7. Customs Statistics 21
7.1 China's bauxite import volume up by 12.49% MOM in Jul 21
7.2 China's alumina imports up by 87.30% MOM in Jul 22
7.3 China's anhydrous aluminum fluoride export volume up by 46.90% MOM in Jul 22
7.4 China's low density aluminum fluoride export volume up by 39.84% MOM in Jul 23
7.5 China's unwrought aluminum(Al＜99.95%) import volume increased 11.40% YoY in Jul 2024 23
7.6 China's unwrought aluminum alloy import volume increased 16.48% YoY in Jul 2024 24
7.7 China's aluminum scrap import volume down by 3.44% MOM in Jul 25
7.8 China's unwrought aluminum alloy export volume declined 23.03% YoY in Jul 2024 25
