China Aluminum and Alumina Output to Grow further in October, SMM Expects  

Published: Oct 12, 2016 10:46
China’s alumina and aluminum output increased in September due to production restarts, and will continue growing in October, SMM expects.

SHANGHAI, Oct. 12 (SMM) –China’s alumina and aluminum output increased in September due to production restarts, and will continue growing in October, SMM expects. 
SMM survey showed China’s alumina output, though down 0.66% from August, rose 4.79% from a year ago to 4.94 million tonnes in September. The average daily output increased 2.65% from August, contributed by production recovery at Shanxi Huaxing Aluminum and Xiangjiang Wanji Aluminum. 

SMM sees China’s alumina output rising 7.83% year-on-year to 5.3 million tonnes, citing incentive to produce from rising alumina prices. SMM learned alumina producers in Shandong have begun resuming production and Chalco (Shanxi) has also restarted production.     
China’s aluminum output also increased, and annualized operational aluminum capacity increased some 744,000 tonnes to 32.91 million tonnes. This was contributed by new capacity release and production restarts.

At current pace of capacity growth, China will see another 300,000 tonne increase in operational aluminum capacity in October, SMM predicts.   

The table below shows output data for September:

Source: SMM
Unit: 1,000 tonne

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
SHFE: Cast Aluminum Alloy Warrants Up 718 mt to 24,252 mt on Sept 15
5 hours ago
SHFE: Cast Aluminum Alloy Warrants Up 718 mt to 24,252 mt on Sept 15
Read More
SHFE: Cast Aluminum Alloy Warrants Up 718 mt to 24,252 mt on Sept 15
SHFE: Cast Aluminum Alloy Warrants Up 718 mt to 24,252 mt on Sept 15
[SMM Flash] SHFE data shows that on September 15, the total registered warrants for cast aluminum alloy stood at 24,252 mt, an increase of 718 mt from the previous trading day. Specifically, the total registered volume in Shanghai was 1,537 mt, down 88 mt from the previous trading day; in Guangdong, it was 1,282 mt, down 121 mt; in Jiangsu, it was 9,020 mt, up 870 mt; in Zhejiang, it was 10,099 mt, up 87 mt; in Chongqing, it was 2,165 mt, unchanged from the previous trading day; and in Sichuan, it was 149 mt, down 30 mt.
5 hours ago
Alumina Warrant Volume Rises to 262,100 mt, Xinjiang Sees Increase
6 hours ago
Alumina Warrant Volume Rises to 262,100 mt, Xinjiang Sees Increase
Read More
Alumina Warrant Volume Rises to 262,100 mt, Xinjiang Sees Increase
Alumina Warrant Volume Rises to 262,100 mt, Xinjiang Sees Increase
On September 15, the total registered alumina warrant volume was reported at 262,100 mt, up 3,905 mt from the previous trading day; the total registered alumina warrant volume in Shandong was reported at 5,092 mt, flat from the previous trading day; the total registered alumina warrant volume in Henan was reported at 0 mt, flat from the previous trading day; the total registered alumina warrant volume in Guangxi was reported at 40,600 mt, flat from the previous trading day; the total registered alumina warrant volume in Gansu was reported at 24,868 mt, flat from the previous trading day; the total registered alumina warrant volume in Xinjiang was reported at 197,600 mt, up 3,905 mt from the previous trading day.
6 hours ago
SMM Alumina Index Shows 3.22 Yuan/mt Discount on September 15
6 hours ago
SMM Alumina Index Shows 3.22 Yuan/mt Discount on September 15
Read More
SMM Alumina Index Shows 3.22 Yuan/mt Discount on September 15
SMM Alumina Index Shows 3.22 Yuan/mt Discount on September 15
According to SMM data, on September 15, the SMM Alumina Index was at a discount of 3.22 yuan/mt to the latest transaction price of the main contract at 11:30.
6 hours ago