SMM Analysis: China Alumina Supply & Demand Balance in H2 2017

Published: Jul 21, 2017 11:14

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Alumina supply & demand balance in China will depend on how much more aluminum capacity will be closed for the rest of the year, SMM understands.

SHANGHAI, Jul. 21 (SMM) –Alumina supply & demand balance in China will depend on how much more aluminum capacity will be closed for the rest of the year, SMM understands.

Potential Surplus from Aluminum Capacity Cuts to Weigh on Alumina Prices, SMM Warns

New aluminum capacity nationwide will exceed 2 million tonnes in H2 2017, excluding Weiqiao Group, while new alumina capacity will be 1.8 million tonnes, also excluding Weiqiao Group, SMM estimates.

Shandong to Lose Crown as China’s Only Bauxite Importing Province After 2017, SMM Predicts

Over 400,000 tonnes of illegal aluminum capacity has shut down. It’s still uncertain how far the Chinese government will go in weeding out illegal aluminum capacity.

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China alumina output alumina prices

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.

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