Monthly Aluminum Market Report Nov 2024
2024-12-13 17:38:32 【Print】
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1 Market Highlights 4
1.1 Bauxite 4
1.2 Alumina 4
1.3 Aluminum fluoride 4
1.4 Primary aluminum 4
1.5 Secondary aluminum alloy ingot 4
1.6 Aluminum alloy ingot A356.2 4
1.7 Aluminum scrap 4
1.8 Aluminum bar 4
2 Policy and Economy 4
2.1 Northern China lifts air pollution warning 4
2.2 China cancels export tax rebates for aluminum and other products 4
2.3 IEA: International crude oil to experience severe oversupply by 2025 4
2.4 Russia proposes to extend tariff quota on exports of ferrous scrap metals 4
2.5 EEC extends anti-dumping measures against Chinese aluminum wheel hubs 4
3 Market Movements 4
3.1 Chinese Market 4
3.1.1 Chinese origin bauxite price rises 4
3.1.2 Chinese origin alumina price increases further 5
3.1.3 Price of Australian alumina rises further 5
3.1.4 Price of Chinese aluminum fluoride soars 5
3.1.5 Aluminum hydroxide price rises 5
3.1.6 Fluorspar price moves up 5
3.1.7 Liquid caustic soda price up 5
3.1.8 Aluminum ingot 99.7%min price declines with fluctuations 6
3.1.9 Chinese aluminum alloy ingot ADC12 market sees strong demand 6
3.1.10 Chinese aluminum alloy ingot A356.2 market sees brisk deals 6
3.1.11 Chinese cast aluminum scrap market still sees tight supply 7
3.1.12 TCs for Chinese aluminum bar 6063 up 7
3.2 International Market 8
3.2.1 Price of Guinean bauxite rises 8
3.2.2 Export price of Australian alumina surges 8
3.2.3 Chinese aluminum fluoride export price rises 8
3.2.4 Price of imported cast aluminum alloy ingot falls 8
3.2.5 Chinese aluminum alloy ingot ADC12 export market sees rare deals 8
3.2.6 Chinese market sees few deals for imported Zorba aluminum scrap 8
4 Company News 9
4.1 Rocksure's bauxite project passes Feasibility Study Report 9
4.2 Camalco finishes bauxite drilling program 9
4.3 GB Dynamics increases bauxite production 9
4.4 Aras Kuasa to expand bauxite production 9
4.5 Zhaohe New Material restarts aluminum fluoride production 9
4.6 Glencore to acquire 3.03% stake in Brazil's Alunorte alumina refinery 9
4.7 CTC Sierra Leone receives bauxite port building license 9
4.8 Rusal to cut aluminium output by 6% 9
4.9 LABH Enterprise to restart bauxite production 9
4.10 Kingsebo to launch the second aluminum fluoride production line 9
4.11 Xiangxin Shares expands aluminum bar production 9
4.12 Aostar Aluminum completes first phase resumption of primary aluminum production 10
4.13 Tianlin Aluminum achieves full-capacity production of aluminum bar 10
4.14 Nanping Aluminium maintains aluminum bar production lines 10
4.15 Huangguoshu Aluminum to increase primary aluminum production 10
4.16 Lvxin Aluminum to suspend aluminum bar production 10
4.17 Hongbang New Materials to build new aluminum alloy ingot production lines 10
4.18 Wantai Aluminum suspends secondary aluminum alloy ingot production 10
4.19 Crescent Aluminum maintains aluminum bar production equipment 10
4.20 Magre Light Metal puts second aluminum alloy furnace unit into operation 10
4.21 Zhanci New Material cuts secondary aluminum alloy ingot production 10
5 Producers Statistics 11
5.1 Chinese alumina producers' operating rate up by 12.57% YOY in Nov 11
5.2 China's alumina output up by 9.17% YOY in Nov 11
5.3 Chinese aluminum fluoride producers' operating rate up by 13.8% YOY in Nov 11
5.4 China's aluminum fluoride output up by 12.7% MOM in Nov 12
5.5 China's aluminum fluoride inventory down by 71.7% MOM in late Nov 12
5.6 Guinean bauxite producers' operating rate up by 7.32% MOM in Nov 12
5.7 Guinean bauxite producers' output up by 24.67% YOY in Nov 12
5.8 Chinese primary aluminum producers' operating rate records 87.05% in late Nov 13
5.9 China's primary aluminum output up by 0.25% MOM in Nov 13
5.10 China's primary aluminum inventory down by 39.39% MOM in late Nov 13
5.11 Chinese secondary aluminum alloy producers' operating rate records 48.15% in Nov 14
5.12 China's secondary aluminum alloy output up by about 4.39% MOM in Nov 14
5.13 China's secondary aluminum alloy inventory down by 1.44% MOM in late Nov 15
5.14 Chinese aluminum bar producers' operating rate records 51.28% in Nov 15
5.15 China's aluminum bar output up by 1.18% MOM in Nov 16
5.16 China's aluminum bar inventory down by 25.78% MOM in late Nov 16
6 Consumers Statistics 17
6.1 China's consumption of imported bauxite up by 21.41% YOY in Nov 17
6.2 China's inventory of imported bauxite down by 5.48% YOY in late Nov 17
6.3 China's consumption of domestic bauxite down by 15.32% YOY in Nov 17
6.4 China's inventory of domestic bauxite down by 24.73% YOY in late Nov 18
7. Customs Statistics 18
7.1 China's bauxite import volume up by 10.44% YOY in Oct 18
7.2 China's alumina imports down by 83.15% MOM in Oct 18
7.3 China's anhydrous aluminum fluoride export volume up by 19.96% YOY in Oct 19
7.4 China's low-density aluminum fluoride export volume down by 72.72% MOM in Oct 19
7.5 China's unwrought aluminum(Al＜99.95%) import volume increased 27.39% MoM in Oct 2024 19
7.6 China's unwrought aluminum alloy import volume grew 21.80% MoM in Oct 2024 20
7.7 China's aluminum scrap import volume fell 13.68% YoY in Oct 2024 21
1.1 Bauxite 4
1.2 Alumina 4
1.3 Aluminum fluoride 4
1.4 Primary aluminum 4
1.5 Secondary aluminum alloy ingot 4
1.6 Aluminum alloy ingot A356.2 4
1.7 Aluminum scrap 4
1.8 Aluminum bar 4
2 Policy and Economy 4
2.1 Northern China lifts air pollution warning 4
2.2 China cancels export tax rebates for aluminum and other products 4
2.3 IEA: International crude oil to experience severe oversupply by 2025 4
2.4 Russia proposes to extend tariff quota on exports of ferrous scrap metals 4
2.5 EEC extends anti-dumping measures against Chinese aluminum wheel hubs 4
3 Market Movements 4
3.1 Chinese Market 4
3.1.1 Chinese origin bauxite price rises 4
3.1.2 Chinese origin alumina price increases further 5
3.1.3 Price of Australian alumina rises further 5
3.1.4 Price of Chinese aluminum fluoride soars 5
3.1.5 Aluminum hydroxide price rises 5
3.1.6 Fluorspar price moves up 5
3.1.7 Liquid caustic soda price up 5
3.1.8 Aluminum ingot 99.7%min price declines with fluctuations 6
3.1.9 Chinese aluminum alloy ingot ADC12 market sees strong demand 6
3.1.10 Chinese aluminum alloy ingot A356.2 market sees brisk deals 6
3.1.11 Chinese cast aluminum scrap market still sees tight supply 7
3.1.12 TCs for Chinese aluminum bar 6063 up 7
3.2 International Market 8
3.2.1 Price of Guinean bauxite rises 8
3.2.2 Export price of Australian alumina surges 8
3.2.3 Chinese aluminum fluoride export price rises 8
3.2.4 Price of imported cast aluminum alloy ingot falls 8
3.2.5 Chinese aluminum alloy ingot ADC12 export market sees rare deals 8
3.2.6 Chinese market sees few deals for imported Zorba aluminum scrap 8
4 Company News 9
4.1 Rocksure's bauxite project passes Feasibility Study Report 9
4.2 Camalco finishes bauxite drilling program 9
4.3 GB Dynamics increases bauxite production 9
4.4 Aras Kuasa to expand bauxite production 9
4.5 Zhaohe New Material restarts aluminum fluoride production 9
4.6 Glencore to acquire 3.03% stake in Brazil's Alunorte alumina refinery 9
4.7 CTC Sierra Leone receives bauxite port building license 9
4.8 Rusal to cut aluminium output by 6% 9
4.9 LABH Enterprise to restart bauxite production 9
4.10 Kingsebo to launch the second aluminum fluoride production line 9
4.11 Xiangxin Shares expands aluminum bar production 9
4.12 Aostar Aluminum completes first phase resumption of primary aluminum production 10
4.13 Tianlin Aluminum achieves full-capacity production of aluminum bar 10
4.14 Nanping Aluminium maintains aluminum bar production lines 10
4.15 Huangguoshu Aluminum to increase primary aluminum production 10
4.16 Lvxin Aluminum to suspend aluminum bar production 10
4.17 Hongbang New Materials to build new aluminum alloy ingot production lines 10
4.18 Wantai Aluminum suspends secondary aluminum alloy ingot production 10
4.19 Crescent Aluminum maintains aluminum bar production equipment 10
4.20 Magre Light Metal puts second aluminum alloy furnace unit into operation 10
4.21 Zhanci New Material cuts secondary aluminum alloy ingot production 10
5 Producers Statistics 11
5.1 Chinese alumina producers' operating rate up by 12.57% YOY in Nov 11
5.2 China's alumina output up by 9.17% YOY in Nov 11
5.3 Chinese aluminum fluoride producers' operating rate up by 13.8% YOY in Nov 11
5.4 China's aluminum fluoride output up by 12.7% MOM in Nov 12
5.5 China's aluminum fluoride inventory down by 71.7% MOM in late Nov 12
5.6 Guinean bauxite producers' operating rate up by 7.32% MOM in Nov 12
5.7 Guinean bauxite producers' output up by 24.67% YOY in Nov 12
5.8 Chinese primary aluminum producers' operating rate records 87.05% in late Nov 13
5.9 China's primary aluminum output up by 0.25% MOM in Nov 13
5.10 China's primary aluminum inventory down by 39.39% MOM in late Nov 13
5.11 Chinese secondary aluminum alloy producers' operating rate records 48.15% in Nov 14
5.12 China's secondary aluminum alloy output up by about 4.39% MOM in Nov 14
5.13 China's secondary aluminum alloy inventory down by 1.44% MOM in late Nov 15
5.14 Chinese aluminum bar producers' operating rate records 51.28% in Nov 15
5.15 China's aluminum bar output up by 1.18% MOM in Nov 16
5.16 China's aluminum bar inventory down by 25.78% MOM in late Nov 16
6 Consumers Statistics 17
6.1 China's consumption of imported bauxite up by 21.41% YOY in Nov 17
6.2 China's inventory of imported bauxite down by 5.48% YOY in late Nov 17
6.3 China's consumption of domestic bauxite down by 15.32% YOY in Nov 17
6.4 China's inventory of domestic bauxite down by 24.73% YOY in late Nov 18
7. Customs Statistics 18
7.1 China's bauxite import volume up by 10.44% YOY in Oct 18
7.2 China's alumina imports down by 83.15% MOM in Oct 18
7.3 China's anhydrous aluminum fluoride export volume up by 19.96% YOY in Oct 19
7.4 China's low-density aluminum fluoride export volume down by 72.72% MOM in Oct 19
7.5 China's unwrought aluminum(Al＜99.95%) import volume increased 27.39% MoM in Oct 2024 19
7.6 China's unwrought aluminum alloy import volume grew 21.80% MoM in Oct 2024 20
7.7 China's aluminum scrap import volume fell 13.68% YoY in Oct 2024 21
