NBS: China August Aluminum Output Hits Lowest since April 2016

Published: Sep 14, 2017 11:18
China’s aluminum output fell for two consecutive months to the lowest level since April 2016 in August, according to the National Bureau of Statistics (NBS).

SHANGHAI, Sept. 14 (SMM) – China’s aluminum output fell for two consecutive months to the lowest level since April 2016 in August, according to the National Bureau of Statistics (NBS).

New Aluminum Capacity to Partly Fill Supply Gap from Supply-Side Reform? SMM Reports

The country’s aluminum output was 2.64 million tonnes in August, down 3.7% year-on-year and below July’s 2.69 million tonnes.

Aluminum Stocks in China Seven Major Markets Begin to Fall from Peak, SMM Says

Output totaled 22.17 million tonnes during January-August, up 6.1% from a year ago.     

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Secondary Aluminum Market Supply-Demand Weakness Continues[Weekly Review of Aluminum Scrap and Secondary Aluminum]
23 mins ago
Secondary Aluminum Market Supply-Demand Weakness Continues[Weekly Review of Aluminum Scrap and Secondary Aluminum]
Read More
Secondary Aluminum Market Supply-Demand Weakness Continues[Weekly Review of Aluminum Scrap and Secondary Aluminum]
Secondary Aluminum Market Supply-Demand Weakness Continues[Weekly Review of Aluminum Scrap and Secondary Aluminum]
[Weekly Review of Aluminum Scrap and Secondary Aluminum]Pre-Holiday Stockpiling Fell Through, Supply and Demand in Secondary Aluminum Market Both Remained Weak
23 mins ago
SMM Update: SHFE Casting Aluminum Alloy Inventory Drops by 2,170 Tons on June 18
47 mins ago
SMM Update: SHFE Casting Aluminum Alloy Inventory Drops by 2,170 Tons on June 18
Read More
SMM Update: SHFE Casting Aluminum Alloy Inventory Drops by 2,170 Tons on June 18
SMM Update: SHFE Casting Aluminum Alloy Inventory Drops by 2,170 Tons on June 18
[SMM Flash] SHFE data showed that on June 18, total registered cast aluminum alloy warrants amounted to 33,785 mt, a decrease of 2,170 mt from the previous trading day. Among them, the total registered in Shanghai was 2,956 mt, a decrease of 389 mt from the previous trading day; in Guangdong, 5,622 mt, a decrease of 483 mt; in Jiangsu, 7,775 mt, an increase of 0 mt; in Zhejiang, 11,211 mt, a decrease of 817 mt; in Chongqing, 5,376 mt, a decrease of 481 mt; in Sichuan, 845 mt, an increase of 0 mt.
47 mins ago
Strong Buying Sentiment in Central China Before Dragon Boat Festival, Transactions Active but Prices Weak
51 mins ago
Strong Buying Sentiment in Central China Before Dragon Boat Festival, Transactions Active but Prices Weak
Read More
Strong Buying Sentiment in Central China Before Dragon Boat Festival, Transactions Active but Prices Weak
Strong Buying Sentiment in Central China Before Dragon Boat Festival, Transactions Active but Prices Weak
On the last day before the Dragon Boat Festival, downstream processing enterprises in central China showed strong buying sentiment. Overall market transactions were relatively active, but actual transaction prices were relatively weak. Traders holding goods tended to sell in large quantities before the festival to mitigate the risk of price changes during the holiday period. Ultimately, the actual transaction price range in the Central China market centered around a discount of 70-100 yuan/mt against the SHFE aluminum July contract.
51 mins ago