Domestic Primary Al Smelters: Average Profits at RMB2,000/t
18/02/20 | Aluminium
Cnal News Local bauxite prices are standing at RMB290/t with alumina prices at RMB2,350/t in Guangxi, with other raw material prices including caustic soda and pre-bake anode the same as before the holiday. However thermal coal prices rose rapidly after the holiday, seeing Shanxi coal prices at RMB509/t at…
IM Mengtai Al – Normal Operation
14/02/20 | Aluminium
Ordos Local News 12 February: Mengtai Aluminium smelter in Ordos IM is operating as normal with monthly output steady at present, thanks to sufficient alumina supply and smooth logistics. The primary aluminium ingot produced is being transported to the south China market every day, typically loaded in ten trucks –…
Domestic Al Producers to Restart Next Week
13/02/20 | Aluminium
Shanghai Nonferrous Metals News SMM: Approximately half of domestic aluminium producers submitted requests to restart production on 10th February, but the actual resumption date may be delayed further. According to SMM, most producers will restart next week, with resumption dates for small-medium producers as yet undecided. It is expected that…
Domestic Primary Al Inventory Increases by 90 kt
11/02/20 | Aluminium
Shanghai Nonferrous Metals News Primary aluminium inventory at social warehouses climbed by 90 kt to 1.04 mln t due to continued train shipments and restricted road transport. As of 10 Feb., primary aluminium inventories at Shanghai warehouses were; 107 kt, Wuxi 365 kt, Nanhai 230 kt, Hangzhou 113…
Yunnan Shenhuo Delays Operational Plan
10/02/20 | Aluminium
Cnal News Yunnan Shenhuo had originally scheduled bringing its 450 ktpy primary aluminium project online immediately after the Chinese New Year Holiday (3 February, 2020), but is now postponing the plan until after 10 February due to quarantined workers. The original commencement date had already been altered slightly due to…
350 ktpy Primary Al Huomei Hongjun Project Progressing
06/02/20 | Aluminium
Sina Finance News Secretary of the Board of Huomei Hongjun announced that the company’s 350 ktpy primary aluminium project has been formally launched with all bidding documents, project design and other supervision paperwork ready for a third-party review and assessment. At present, electricity generated by its captive plants are able…
Domestic Primary Al Inventory – 884 kt
04/02/20 | Aluminium
Shanghai Nonferrous Metals News 3rd February: China’s domestic primary aluminium inventory in social warehouses amounted to 884 kt, up by 194 kt during the Chinese New Year Holiday (23rd January~2nd February 2020). This figure represents a growth of 10 kt from the same period last year. On 3rd Feb, primary…
SMM: Limited Impact of PHEIC on Al Exports
03/02/20 | Aluminium
Shanghai Nonferrous Metals News SMM: WHO’s announcement of a Public Health Emergency of International Concern (PHEIC) is likely to have limited impact on China‘s aluminium exports in comparison to other export sectors such as food and beverages. China is the largest primary aluminum producer and consumer in the world with…
19 Provinces/Cities Announce Holiday Extension
03/02/20 | Aluminium
Shanghai Nonferrous Metals News 3rd February: As of today, 19 provinces and cities in China have announced an extension of the Chinese New Year Holiday (originally 24 January to 31st February 2020) for another week until 9th February 2020 as the country attempts to halt the spread of the 2019-nCoV.…
