SMM Data: China Alumina Output Surges in July and to Continue Growing in August 

Published: Aug 9, 2017 13:55
China’s alumina output rose notably in July, but was lower than expected due to maintenance at many producers, SMM survey found.

SHANGHAI, Aug. 9 (SMM) – China’s alumina output rose notably in July, but was lower than expected due to maintenance at many producers, SMM survey found.

China Base Metal Output Data in July 2017, SMM Exclusive Data

The country’s alumina output totaled 5.77 million tonnes in July, up 14.4% year-on-year, and the daily average output was 186,000 tonnes, down 1.3% month-on-month, SMM statistics showed.

LME Aluminum Hits Over 2-Year High after Higher-than-Expected Cut Rumor at Weiqiao Group, SMM Reports

Producers that conducted maintenance in July include Guizhou Huajin Aluminum, Henan Zhongmei Aluminum, Chalco Group Shanxi Jiaokou Xinghua Science & Technology, Yunnan Aluminum Wenshan Alumina, and Shanxi Xiaoyi Tianyuan Chemical. Besides, Shandong Weiqiao Aluminum & Electricity carried out maintenance because it was ordered to cut output, and it’s still uncertain how long the maintenance will last. 

In August, Shandong Weiqiao Aluminum & Electricity is still under maintenance, while other alumina producers have returned to normal production. As such, SMM expects China’s alumina output to rise further to 5.81 million tonnes in August, with the daily average output at 188,000 tonnes.       

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
Aluminum Alloy Contract 2611 Rises 0.49%, Bulls and Bears Balance Out
1 hour ago
Aluminum Alloy Contract 2611 Rises 0.49%, Bulls and Bears Balance Out
Read More
Aluminum Alloy Contract 2611 Rises 0.49%, Bulls and Bears Balance Out
Aluminum Alloy Contract 2611 Rises 0.49%, Bulls and Bears Balance Out
[SMM aluminum alloy flash] The most-traded cast aluminum alloy contract 2611 (AD2611) opened at 23,805 yuan/mt in early trading today. After briefly shooting up to an intraday high of 23,830 yuan/mt right after the open, it quickly pulled back and then consolidated to recover. It closed at 23,745 yuan/mt at midday, up 115 yuan, or 0.49%, from yesterday's settlement of 23,630. Trading activity gradually thinned after heavy volume in early trading. Open interest rose from 18,804 lots to 18,849 lots, a modest increase of 45 lots, with bulls following cautiously. The intraday average price was 23,767 yuan, and the midday close was about 22 yuan below the average price line. Bears held a slight edge, while bulls and bears were broadly balanced overall.
1 hour ago
Domestic prices strengthen while overseas prices remain stable; aluminum alloy import window nears opening [ADC12 Price Daily Review]
1 hour ago
Domestic prices strengthen while overseas prices remain stable; aluminum alloy import window nears opening [ADC12 Price Daily Review]
Read More
Domestic prices strengthen while overseas prices remain stable; aluminum alloy import window nears opening [ADC12 Price Daily Review]
Domestic prices strengthen while overseas prices remain stable; aluminum alloy import window nears opening [ADC12 Price Daily Review]
[ADC12 Price Daily Review: Domestic Prices Firm While Overseas Prices Stable, Aluminum Alloy Import Window Nears Opening] The industry remains in a pattern primarily driven by costs, supplemented by mild demand recovery. Enterprises' willingness to hold prices firm has increased somewhat, but the room for further price rises still depends on the actual realization of subsequent peak-season demand.
1 hour ago
SHFE Aluminum Rallies, Central China Market Sees Limited Trading Despite Upward Trend
4 hours ago
SHFE Aluminum Rallies, Central China Market Sees Limited Trading Despite Upward Trend
Read More
SHFE Aluminum Rallies, Central China Market Sees Limited Trading Despite Upward Trend
SHFE Aluminum Rallies, Central China Market Sees Limited Trading Despite Upward Trend
SHFE aluminum continued to rally during the night session, with a slight correction in early trading but still maintaining an upward trend. In the central China market, downstream processing enterprises showed limited buying sentiment. Although major suppliers held back from selling, the upward momentum in market premiums was limited, and trading volume remained low. Ultimately, the actual transaction price range in the central China market was around a discount of 140-170 yuan/mt against the 09 contract.
4 hours ago
SMM Data: China Alumina Output Surges in July and to Continue Growing in August  - Shanghai Metals Market (SMM)