IAI: Primary Aluminum Output Grows in China in June, But Falls Outside China

Published: Jul 21, 2017 10:26
On a monthly basis, primary aluminum output rose in China in June, but fell outside China, data from the International Aluminium Institute (IAI) showed.

SHANGHAI, Jul. 21 (SMM) – On a monthly basis, primary aluminum output rose in China in June, but fell outside China, data from the International Aluminium Institute (IAI) showed. 

WBMS: China Claims Over Half of Global Aluminum Output during January-May 2017

According to the IAI, China’s primary aluminum output was 2.93 million tonnes in June, up from May’s 2.83 million tonnes, and was 2.11 million tonnes outside China, down from May’s 2.17 million tonnes. 

NBS: China Aluminum Output Grows Notably in June

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
Central China Market Sees Mixed Trading Sentiment, Next Month Invoices Down 100-120 Yuan/mt vs SHFE Aluminum
2 hours ago
Central China Market Sees Mixed Trading Sentiment, Next Month Invoices Down 100-120 Yuan/mt vs SHFE Aluminum
Read More
Central China Market Sees Mixed Trading Sentiment, Next Month Invoices Down 100-120 Yuan/mt vs SHFE Aluminum
Central China Market Sees Mixed Trading Sentiment, Next Month Invoices Down 100-120 Yuan/mt vs SHFE Aluminum
Today, trading sentiment in the central China market was mediocre. Monday happened to be the first day for cargoes with invoices dated next month. Downstream processing enterprises' buying sentiment was not high, with only a few enterprises maintaining rigid demand and making small purchases. Suppliers were not strongly willing to hold prices firm, and quotes showed a downward trend. Meanwhile, transactions for cargoes with invoices dated this month were relatively active, with traders short of such invoices trading a large volume of them. However, against the backdrop of an overall shortage of such invoices in the market, quotes stayed high. Finally, the actual transaction price range for cargoes with invoices dated next month in the central China market settled around a discount of 100-120 yuan/mt against the SHFE aluminum August contract.
2 hours ago
German Business Groups Criticize US Tariff Uncertainty, Call for WTO-Compliant Policies
3 hours ago
German Business Groups Criticize US Tariff Uncertainty, Call for WTO-Compliant Policies
Read More
German Business Groups Criticize US Tariff Uncertainty, Call for WTO-Compliant Policies
German Business Groups Criticize US Tariff Uncertainty, Call for WTO-Compliant Policies
On July 24 local time, in response to the latest US tariff measures, the Association of German Chambers of Commerce and Industry and the German Wholesale and Foreign Trade Association each issued statements, criticizing the frequent changes in US tariff policies, which create greater uncertainty for enterprise operations and investment. Treier Volker, director of foreign trade at the Association of German Chambers of Commerce and Industry, pointed out that the US is attempting to revive tariff measures previously blocked by courts on new legal grounds. Such constant policy shifts not only increase the administrative burden on enterprises, but also heighten legal risks, making it difficult for enterprises to operate in a stable and predictable environment. He stressed that US tariff measures that violate WTO rules must be abolished entirely, especially the additional tariffs still in effect on steel and aluminum products.
3 hours ago
China's Secondary Aluminum Ingot Inventory Down by 171 mt, Led by Foshan and Ningbo Destocking
3 hours ago
China's Secondary Aluminum Ingot Inventory Down by 171 mt, Led by Foshan and Ningbo Destocking
Read More
China's Secondary Aluminum Ingot Inventory Down by 171 mt, Led by Foshan and Ningbo Destocking
China's Secondary Aluminum Ingot Inventory Down by 171 mt, Led by Foshan and Ningbo Destocking
[SMM Aluminum Flash] China's daily inventory of secondary aluminum ingots in key consuming regions stood at 8,818 mt today, down 171 mt from the previous trading day, with Foshan destocking by 144 mt and Ningbo destocking by 27 mt.
3 hours ago
IAI: Primary Aluminum Output Grows in China in June, But Falls Outside China - Shanghai Metals Market (SMM)