According to the International Aluminium Institute survey, world alumina production in October 2023 stood at 12.25 million tonnes, reflecting a month-on-month rise of 2.17 per cent. The output recovered in October but could not reach the production volume of August.
In August 2023, world alumina production was recorded at 12.369 million tonnes, which fell in the succeeding month by 3.06 per cent to 11.99 million tonnes, according to the IAI data.
On a year-on-year basis, world alumina production in October 2023 remained almost restrained compared to 12.21 million tonnes.
From January to October 2023, the world‘s cumulative production of alumina amounted to 118.22 million tonnes, down by 0.50 per cent from 118.81 million tonnes during the corresponding period of the previous year.
The world’s daily average alumina output in October 2023 was 395,100 tonnes, which surprisingly was lower than the previous month despite the hike in monthly production. Compared to 399,700 tonnes in September 2023, the worldwide daily average alumina production in October was 1.15 per cent less.
China, the world’s largest alumina producer, churned out 7.18 million tonnes during October 2023, up by 3.31 per cent from 6.95 million tonnes a month ago. On a year-on-year basis, the output stood 2.57 per cent higher than 7 million tonnes.
In the past ten months of 2023, China produced 68.61 million tonnes of alumina in total, compared to 66.6 million tonnes during the same period of the previous year.
IAI survey showed that China’s daily average alumina production was also lower during October 2023 at 231,600 tonnes versus 231,700 tonnes in September. On an annual basis, the daily output in October edged an increase of 2.57 per cent from 225,800 tonnes.
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