Operation of the aluminum industry from January to September 2021

One is the steady growth of output. According to data from the National Bureau of Statistics, from January to September, the output of alumina, electrolytic aluminum, and aluminum were 58.84 million tons, 29.15 million tons, and 44.78 million tons, respectively, representing a year-on-year increase of 7.6%, 7.2%, and 10.7%, an average increase in the two years. 2.9%, 5.1%, 8.8%.

The second is that aluminum ingot inventories have declined. According to statistics from industry analysis agencies, the social stock of aluminum ingots was 820,000 tons in late September, fluctuating within the normal range, down 34% from the high point in the year.

The third is a sharp increase in prices. According to statistics from the China Nonferrous Metals Industry Association, the price of aluminum has risen sharply since this year. The average spot price from January to September is 18,491 yuan/ton, an increase of 32.5% year-on-year. The spot price on September 13 was 23,410 yuan/ton, a record high in the past 15 years.

Fourth, the decline in imports of bauxite and alumina has narrowed, while exports of aluminum have increased. According to data from the General Administration of Customs, from January to September, bauxite and alumina (physical volume) imported 81.532 million tons and 2.694 million tons, down 7.2% and 9.4% year-on-year. 1.5%; imports of aluminum scrap and scrap were 636,000 tons, a year-on-year increase of 0.6%; imports of unwrought aluminum were 1.917 million tons, a year-on-year increase of 12.9%. From January to September, the export of aluminum products was 3.943 million tons, a year-on-year increase of 16.1%.

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Post time: Nov-13-2021