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China’s primary aluminium production in November declined 3.2% YoY, but grew 0.69% MoM
17 DEC 20191MINS

China’s primary aluminium production in November declined 3.2% YoY, but grew 0.69% MoM

According to the National Bureau of Statistics, China’s primary aluminium production declined 3.2 per cent from a year ago to 2.9 million tonnes in November, marking the fifth straight month of year-on-year declines. The total production of aluminium in the first 11 months of 2019 totalled at 32.13...

Primary aluminium inventories continue to fall in China and also the price of A00 aluminium ingot by RMB40/t
16 DEC 20192MINS

Primary aluminium inventories continue to fall in China and also the price of A00 aluminium ingot by RMB40/t

The social inventories of primary aluminium in China continued to fall over the weekend, found Shanghai Metals Market. Steady consumption in Guangdong and lower arrival of stocks there contributed to more than half of the decline. According to the data showed, eight consumption areas in China,...

Secondary aluminium producers operating rates increased in November by more than 1 percentage points
15 DEC 20191MINS

Secondary aluminium producers operating rates increased in November by more than 1 percentage points

Shanghai Metals Market survey found Chinese secondary aluminium producers operating rates continued to increase in November amidst rising demand from downstream automakers at year-end. According to the data, the operating rates across Chinese secondary aluminium producers rose to 62.57 per cent in...

CAAM estimates China’s automobile sales to remain sluggish in 2020
13 DEC 20191MINS

CAAM estimates China’s automobile sales to remain sluggish in 2020

China Association Automobile Manufacturers (CAAM), the country’s top auto industry body, expects automobile sales in China to slip 2 per cent to 25.32 million units in 2020. Xu Haidong, assistant secretary general of CAAM, said at a conference on Thursday, December 12, that China’s auto market,...

Aluminium billet inventories fall for the ninth consecutive week
12 DEC 20191MINS

Aluminium billet inventories fall for the ninth consecutive week

As updated by Shanghai Metals Market, inventories of aluminium billet fell for the ninth consecutive week. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 54,400 tonnes as of Thursday December 12, down 22,400 tonnes from December 5 . Inventories dropped 1,100...

Chinese alumina price extends decline by RMB10/t; A00 aluminium ingot price also falls despite further dip in inventories
12 DEC 20192MINS

Chinese alumina price extends decline by RMB10/t; A00 aluminium ingot price also falls despite further dip in inventories

The average spot price of alumina in China continues to plunge for the fifth day in a row on December 12 by RMB 10 per tonne to RMB 2,429 per tonne, found Shanghai Metals Market. In all the major markets in the east, north, and central as well, the price has declined by RMB 10 per tonne to RMB...

Alumina price in China continues to fall; Al Fluoride price slumps by RMB 200/t
11 DEC 20192MINS

Alumina price in China continues to fall; Al Fluoride price slumps by RMB 200/t

The average spot alumina price in China has dropped by RMB 19 per tonne or 0.77 per cent to stand at RMB 2439 per tonne on Wednesday, 11 December 2019. Alumina price fell by RMB 9 per tonne yesterday. The drop in alumina prices has continued in all other major markets in China. Source: Shanghai...

China’s NEVs production falls 37% YoY in November
10 DEC 20191MINS

China’s NEVs production falls 37% YoY in November

China’s production of automobiles came in at 2.59 million units in November. This was up 13% month-on-month and 3.8% year-on-year, the China Association of Automobile Manufacturers (CAAM) said on Tuesday, 10 December 2019. Auto sales in China stood at 2.46 million units in November, with a...

China’s new energy vehicle sales slumped in November by 41.7% Y-o-Y
10 DEC 20192MINS

China’s new energy vehicle sales slumped in November by 41.7% Y-o-Y

China’s new energy vehicle (NEV) sales in November fell year-on-year by 41.7 per cent to 79,000 units, as reported by the China Passenger Car Association (CPCA) on Monday, December 9. This marks the fifth consecutive month of decline in new energy vehicle sales since the sharp cut on NEV subsidies...

China’s unwrought aluminium and aluminium products exports rose in November by 4.9% MoM
09 DEC 20192MINS

China’s unwrought aluminium and aluminium products exports rose in November by 4.9% MoM

According to the General Administration of Customs data, China’s unwrought aluminium (including primary metal and alloy) and aluminium products exports in November came in at 452,000 tonnes after recording an increase of 4.9 per cent month-on-month. In October, however, China’s unwrought aluminium...

China’s primary aluminium inventories continue to fall by 33,000 tonnes over weekend
09 DEC 20192MINS

China’s primary aluminium inventories continue to fall by 33,000 tonnes over weekend

As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, extended their declines over the weekend and stood at 672,000 tonnes as of Monday December 9. That was down 33,000 tonnes from 705,000 tonnes on Thursday...

Aluminum Association objects to exclusion request for Chinese-origin aluminium body stock and end stock from Section 301 tariffs
09 DEC 20193MINS

Aluminum Association objects to exclusion request for Chinese-origin aluminium body stock and end stock from Section 301 tariffs

The Aluminum Association has objected to the request for exclusion to Section 301 tariffs applied to imports of Chinese-origin aluminium body stock and end stock. The trade association submitted a letter of objection to the office of United States Trade Representative (USTR). Lauren Wilk, Vice...

China's primary aluminium output stands at 2.9 mt in November; YTD output drops 2.14% to 32.39/t
08 DEC 20192MINS

China's primary aluminium output stands at 2.9 mt in November; YTD output drops 2.14% to 32.39/t

According to Shanghai Metals Market, China’s primary aluminium production fell 0.81% from a year ago to 2.94 million tonne in November. Output in January-November stood at 32.39 million tonne, which registered a drop of 2.14% year-on-year. Better pricing, higher demand and high profits margins led...

China’s alumina production falls 1.84% YoY in Jan-Nov
08 DEC 20191MINS

China’s alumina production falls 1.84% YoY in Jan-Nov

Shanghai Metals Market data showed that China’s alumina production in November stood at 5.71 million tonnes, with metallurgical-grade materials accounting for 5.46 million tonnes. The output in the first nine months of this year decreased 1.84% year-on-year to 63.06 million tonnes. The production...

Primary aluminium inventories in China further decline by 50,000 tonnes on week
06 DEC 20192MINS

Primary aluminium inventories in China further decline by 50,000 tonnes on week

As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to decline this week due to robust demand. Stocks stood at 705,000 tonnes as of Thursday December 5, down by 50,000 tonnes from a week ago....

China's CMEC to take over stakes in Tajik Aluminium Company in exchange of  an investment of US$545 million
06 DEC 20192MINS

China's CMEC to take over stakes in Tajik Aluminium Company in exchange of an investment of US$545 million

Tajikistan would be selling a stake in its main industrial concern Tajik Aluminium Company to a Chinese firm in exchange of much needed cash investment. This was reported by local media on December 4 citing Beijing’s former ambassador to Tajikistan, Yue Bin. He said that the acquisition would be...

China issued import quotas for another 9,844 mt of aluminium scrap
06 DEC 20192MINS

China issued import quotas for another 9,844 mt of aluminium scrap

China issued a fresh batch of import quotas for aluminium scrap for 2019 on Tuesday, with the quota volume declining sharply as expected. The China Solid Waste and Chemicals Management Bureau, a unit of the Ministry of Ecology and Environment, issued import quotas for another 9,844 mt of aluminium...

China continues it push on electromobility; EVs to account for 25% of annual new LCV sales in 2025
06 DEC 20192MINS

China continues it push on electromobility; EVs to account for 25% of annual new LCV sales in 2025

Despite the continuous drop in sales of electrified vehicles after the subsidy cut in June, Beijing continued its push on the automakers towards building more electric vehicles. The message was conveyed in the draft “development” plan of the Ministry of Industry and Information Technology for the...