WEEKLY: China alumina prices edge lower but pace slows as firm costs buffer soft supply glut
Domestic alumina spot prices held steady with slight adjustments last week, and scattered transactions showed mixed pricing. On the supply side, recent domestic alumina operating capacity stayed at around 99.4 million tonnes per year. A new alumina project in Beihai, Guangxi, is expected to start...
Integrated building solutions: DERCHI's OEM/ODM aluminium sliding window capabilities for high-value engineering projects
In the contemporary architectural landscape, executing high-value engineering projects-ranging from premium multi-family residential complexes to expansive commercial developments-demands an unprecedented level of structural precision and design flexibility. Project architects, facade consultants,...
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China’s primary aluminium production grows 8.7% YoY to 3.18MT with daily output hit a record high in November 2020
Data from the National Bureau of Statistics (NBS) showed China’s primary aluminium production in November grew 8.7 per cent year-on-year to 3.18 million tonnes, with daily output hit a record high. Despite a month-on-month downfall of 0.6 per cent in production from October's 3.2 million tonnes,...
Alumina spot price in China expands further to RMB2318/t and so the price of primary aluminium ingot to RMB16720/t
The average alumina spot price in China has continued to grow by RMB 4 per tonne to stand at RMB 2,318 per tonne as of December 11, marking the fourth consecutive increase, according to the Shanghai Metals Market data. In Henan and Shanxi, the alumina price has come in at RMB 2,330 per tonne...
Aluminium billets inventories in China stand 2,400 tonnes lower at 70,300 tonnes on December 10
Shanghai Metals Market data shows the stocks of 6063 aluminium billets have plunged by 2,400 tonnes this week, ending on Thursday, December 10. The inventories have shrunk across China's five major consumption areas to stand at 70,300 tonnes. Last week, December 3, 6063 aluminium billets...
China’s primary aluminium inventories loss 4000 tonnes this week ending on December 10
According to the Shanghai Metals Market, social inventories of primary aluminium in China have shrunk by 4,000 tonnes on Thursday, December 10, following a hike by the same amount last week. SMM data shows the inventories have dropped across eight major consumption areas, including SHFE warrants,...
Industrial production restriction in Henan may affect 1.5MT of total 4MT annual capacity of producing aluminium plate, strip and foil
Industrial enterprises in Henan, China, are required to suspend or reduce production as some of the cities in the province like Anyang, Xinxiang, Hebi, and Jiaozuo re-launched red alerts for increasing air pollution and issued Level I emergency response on Monday, December 7. Almost all aluminium...
Alumina spot price in China settles higher at RMB2310/t, while A00 aluminium ingot price decreases to RMB16410/t
China’s average alumina spot price has recorded a hike of RMB 7 per tonne on Wednesday, December 9, to come in at RMB 2,310, found the Shanghai Metals Market. In Henan and Shanxi, the price has grown by RMB 10 per tonne to stand at RMB 2,320 per tonne. In Guizhou and Guangxi, alumina price has...
China’s primary aluminium output rises to stand at 3.16 million tonnes in November
China’s primary aluminium output stood at 3.16 million tonnes in November, marking a growth of 7.77% year on year, according to an SMM survey. The daily average output inched up 600 tonnes month-on-month to 105,400 tonnes in November. In January-November 2020, aluminium production climbed 4.5% year...
China’s alumina production drops 2.4% YoY in January-November
As updated by Shanghai Metals Market, production of metallurgical-grade alumina in China stood at 61.54 million tonnes in the first eleven months of 2020. That was down 2.4% on a year-on-year basis. In November, alumina output, including 5.8 million tonnes of metallurgical-grade alumina, came in at...
Alumina price in China rises by RMB 11/t; Aluminium ingot price in Foshan stands at RMB 16500/t
As updated by Shanghai Metals Market, average spot alumina price in China has registered a hike after three days of restraint. The price has marked an increase of RMB 11 per tonne to stand at RMB 2303 per tonne on Tuesday, 08 December 2020. The prices of alumina in Shandong, Henan and Shanxi China...
Aluminium plate, sheet and strip consumption in China’s auto sector looks promising in 2021: Man Xu says
Aluminium plate, sheet and strip consumption in China’s automotive sector looks optimistic in 2021. But in the construction sector, it may see a limited growth, said Man Xu, Senior Analyst in SMM, at the 2020 Nonferrous Metals Industry Chain Annual Conference in Suzhou on Friday, December 4....
A00 aluminium ingot price stands at RMB16,500/t on its third consecutive decline; Aluminium alloy (A356) price falls by RMB100/t
A00 aluminium ingot price in China has extended decline for the third day in a row to stand at RMB 16,500 per tonne on Monday, December 7, according to the Shanghai Metals Market. The price has decreased by RMB 110 per tonne, slower compared with the decline of RMB 240 per tonne on Friday, December...
Alba inks MoU with Chinese alumina producer HJJ for its alumina requirements
Aluminium Bahrain (Alba) has inked a Memorandum of Understanding (MoU) with alumina producer Hangzhou Jinjiang Group Co. Ltd (HJJ) for securing Alba’s alumina requirements. Alba’s Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa commented: “This Memorandum of Understanding...
Tariff removal under China’s new solid waste law likely to increase secondary aluminium ingots imports: Leo Yi
At Shanghai Metals Market’s 2020 Nonferrous Metals Industry Chain Annual Conference in Suzhou, Leo Yi, senior analyst at SMM, explained the challenges that new solid waste law posed to China’s aluminium scrap supply and operations at secondary aluminium producers. Yi said the new solid waste law...
China’s aluminium demand to decrease 5.4% in 2020 and grow 6% in 2021: Miles Prosser, Secretary General of IAI
Aluminium demand in China is expected to decrease by 5.4 per cent in 2020 and rebound by 6 per cent in 2021, said Miles Prosser, Secretary General of the International Aluminium Institute, while speaking to local and international delegates at the Shanghai Metals Market's 2020 Nonferrous Metals...
China’s alumina refineries may face losses in Q4 2020 due to higher production costs and lower selling prices: anticipates Joyce Li
At the 2020 Nonferrous Metals Industry Chain Annual Conference in Suzhou, Joyce Li, senior analyst at SMM, noted that China’s alumina market would likely see a supply deficit of 361,000 tonnes in 2020, with annual average operating rate at refineries at 78.03 per cent. “Operating rates at Chinese...
Prebaked anode price in Southwest China edges higher by RMB 135/t; Al Fluoride stands at RMB 8600/t
Prebaked anode price in Southwest China market has edged higher by RMB 135 per tonne. As on Friday, 04 December 2020, prebaked anode price has ranged at RMB 3565-3850 per tonne. The average price stands at RMB 3,707.5 per tonne, from its previous price of RMB 3572.5 per tonne. The average prices of...
Primary aluminium inventories in China gain 4000 tonnes after six consecutive weeks of decline
According to the Shanghai Metals Market, primary aluminium inventories in China have built up this week ending on Thursday, December 3, after six consecutive weeks of downfall. SMM data shows the inventories have gained 4,000 tonnes across eight major consumption areas, including SHFE warrants, to...
Aluminium billet inventories in China rise by 3,700 tonnes on higher arrivals
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased this week on higher arrivals at warehouses. The inventories rose by 3,700 tonnes from a week ago to 72,700 tonnes as of Thursday, 03 December 2020. The chart below indicates...
