Aluminum market report January 2012
2012-03-13 17:50:41 【Print】
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Contents
Introduction 1
1 Financial overview 1
1.1 CPI dropped further in December and growth rate reached 5.4% in 2011 1
1.2 PMI increased unexpectedly in January in China 2
1.3 Economic data improved in US 3
1.4 ECB issued liquidity and concerns on debt crisis decreased 3
1.5 Non-ferrous metals prices increased as oil & gold price remained high 3
2 Company news 5
3 Chinese domestic market review 6
3.1 Aluminum ingot market 6
3.1.1 Aluminum ingot price fluctuated within narrow range 6
3.1.2 Aluminum ingot market declined before the Spring Festival 7
3.2 Alumina market review 7
3.2.1 Domestic alumina price decreased and stabilized 7
3.2.2 Australian alumina price kept low and rare deal were concluded 8
3.3 Aluminum alloy market 9
3.3.1 Secondary aluminum alloy ingot market weak with stable offers 9
3.3.2 A356 aluminum alloy market faces pressure with stable processing charges 9
4 International market review 10
4.1 Aluminum futures on LME rises 10
4.2 Aluminum stocks on LME keep high 11
4.3 Import bauxite price stable 11
5 Output data analysis 12
5.1 Primary aluminum output 12
5.2 Output of aluminum products 13
5.3 Alumina output decreases by 0.5%MOM 13
5.4 Aluminum fluoride output up by 3.9% month on month 14
5.5 Aluminum alloy output 15
5.5.1 Secondary aluminum alloy ingot plants’ utilization capacity decreases at 57.3% in January 15
5.5.2 Aluminum alloy output falls by 5.6% MOM in December 16
6 Analysis of import & export data 17
6.1 Bauxite import 17
6.1.1 Bauxite import down by 0.32%MOM 17
6.1.2 Bauxite importers in China in December: 18
6.2 Alumina import 18
6.2.1 Alumina import decreases by 11.54% MOM 18
6.2.2 Major alumina import companies in December 2011 19
6.3 Aluminum alloy export 19
6.3.1 Exports of aluminum alloy decreased m-o-m 19
6.3.2 Top 10 companies of aluminum alloy export in China in December, 2011 21
6.4 Aluminum scrap import 22
6.4.1 The import of aluminum scrap increased in December 22
6.4.2 Top 10 companies of imports of aluminum scrap in December, 2011 23
6.5 Exports of aluminum products increased by 8.7% m-o-m 24
6.6 Aluminum fluoride export 24
6.6.1 Export of aluminum fluoride decreased by 3.8% m-o-m 24
6.6.2 Chinese aluminum fluoride export companies detail in December, 2011 25
7 Related industry developments 25
7.1 Aluminum fluoride prices decreased 25
7.2 The aluminum hydroxide market lacked supports to increase 26
7.3 Output of automobile decresased by 9.26% year on year in December 26
8 Outlook for February 27
8.1 The price of aluminum to keep low with oscillation 27
8.2 The gap between the north and south alumina market 28
Picture 1 Running chart of CPI and PPI in 2011 2
Picture 2 Price of gold in US in January 4
Picture 3 Price of crude oil in US in January 4
Picture 4 USD index in January 5
Picture 5 Price of aluminum ingot in China in January 7
Picture 6 Price of domestic alumina outside Chalco in January (RMB/t) 8
Picture 7 Price of Australian alumina in January (RMB/t) 8
Picture 8 Price of aluminum alloy ingot ADC12 in domestic market in January (RMB/t) 9
Picture 9 Price of aluminum alloy A356 in domestic market in January (RMB/t) 10
Picture 10 Price of LMA aluminum in spot market in January (USD/t) 11
Picture 11 Inventories of LME aluminum in January (t) 11
Picture 12 Import price of bauxite in Indonesia in January (USD/t) 12
Picture 13 Monthly output of primary aluminum in 2011 12
Picture 14 Monthly output of aluminum products in 2011 13
Picture 15 Output of alumina in China in January (10,000t) 14
Picture 16 Output of aluminum fluoride in China in January (t) 15
Picture 17 Monthly output of aluminum alloy in China in 2011 16
Picture 18 Monthly import volume of bauxite in China in 2011 17
Picture 19 Main exporters of bauxite in 2011 18
Picture 20 Monthly import volume of alumina in 2011 19
Picture 21 Monthly exports statistic of aluminum alloy in China in 2011 20
Picture 22 Export volume of aluminum alloy in China in 2011 21
Picture 23 Monthly Imports statistics of aluminum scrap in China 22
Picture 24 Comparison of imports of aluminum scrap between 2010 and 2011 23
Picture 25 Monthly exports statistic of aluminum products in China in 2011 24
Picture 26 Exports statistic of aluminum fluoride in China in 2011 25
Picture 27 Aluminum fluoride price trend in China in January (RMB/t) 26
Picture 28 Chinese aluminum hydroxide price trend in January (RMB/t) 26
Picture 29 Monthly sale volume of auto in China in 2011 27
Table 1 Top 8 Chinese bauxite importers in Dec 2011 18
Table 2 Top 6 Chinese alumina importers in Dec 2011 19
Table 3 Top 10 companies of aluminum alloy export 21
Table 4 Detail imports of aluminum scrap from top 10 companies 23
Table 5 Major aluminum fluoride exporters in Dec 2011 25
