Alumina News - Market

Antaike forecasts 6.65 million tpy new alumina capacity in China in 2017

AL Circle

According to the aluminium sector report from Antaike, state-run metals consultancy firm in Beijing, published on Thursday, China is expected to add 6.65 million tonnes per year of new alumina capacity in 2017, mostly in North China, Central China and Northwest China.

{alcircleadd}

Currently, China has 79.25 million tonnes of annual alumina capacity as reported in the end of 2016 and the extra capacity would be in excess of that.

2 million tonnes per year new alumina capacity would be added in Shandong Province in North China and Henan Province in Central China would add 1 million tonne per year new capacity in 2017, the Antaike report says.

The report figures also say Shanxi Province and Inner Mongolia Autonomous Region, both in Northwest China, would add new alumina capacity of 2.6 million tpy and 500,000 tpy, respectively, in 2017.

According to Antaike, China is also forecasted to add an extra 5.7 million tpy new alumina output capacity in 2018, mostly in in Southwest China:

2017

2018

Province

Alumina Capacity

 

Province

Alumina Capacity

 

Shandong

2     million tpy

Shandong

2     million tpy

Henan

1     million tpy

Shanxi

1.8  million tpy

Shanxi

2.6  million tpy

Sichuan

300,000 tpy

Inner Mongolia Autonomous Region

500,000 tpy

Guizhou

1.6  million tpy

China Total

6.65 mt/year

China Total

5.7  mt/year

 

The agency has forecast China’s national alumina demand to hit 75.16 million tonnes in 2018, up 5.5% year from the estimated 71.24 million tonnes in 2017. The growing alumina demand forecast is due to the rising primary aluminium capacity in China which hit 32.65 million tonnes in 2016, up 6% YOY.

China’s national alumina production in 2018 is expected to be 72.5 million tonnes, up 6.9% from an estimated 67.8 million tonnes in 2017. The agency has forecast China’s alumina supply in 2018 to be 76.5 million tonnes, up 7% from estimated 71.4 million tonnes in 2017.

{googleAdsense}

Antaike has forecast China’s net alumina imports in 2018 to hit 4 million mt, up 11% from an estimated 3.6 million mt imports in 2017. The alumina market will be at a surplus of 1.34 million tonnes in 2018, increasing from an estimated 160,000 tonnes for 2017.

The average alumina production cost was Yuan 2,060/mt ($299/per tonne) in 2016, up 8.9% YOY due to rising raw material cost, the agency report says.

 

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Related
Business Leads
Interested to buy aluminium powder. Destination :  Amravti,...
10-Jan-2024 Buying request

Interested to buy calcined petroleum coke for aluminium anod...
19-Dec-2023 Buying request

Interested to buy high alumina cement. Sio 28% ...
19-Dec-2023 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads