China Electrolytic Aluminium Industry Report, 2007

The global aluminium consumption grows strongly and can basically digest the increased output: the global aluminium consumption in 2006 was higher than the expectation again with the increase of 8.0%, and the gap between supply and demand was 490 thousand tons. And China was still the most important driver in the global aluminium consumption growth with the growth rate of 22.6%. The increase of consumption in China is reflected by the fields like construction, electric power and transportation and so on.

In is predicted that there will be only small surplus of primary aluminium in the world in 2007 and 2008: about 390 and 110 thousand tons, which means the increase of global aluminium inventories will be quite limited in future two years. At present, the period that the global aluminium inventories can be supplied to consumption is just 5.9 weeks, which is far lower than the average level of 9.3 weeks in the past 30 years. And once the consumption growth surpasses the expectation, the inventories will be reduced furthermore and shape a great support to aluminium price.

In the future two years, the decrease rate of the aluminium oxide price will be quite limited and it is hard to fall below 3000 Yuan/Ton in 2007.

Along with the increase of the output of China aluminium oxide, the dependency on import aluminium ores has been pricked up drastically; it is predicted that the external dependency in 2008 will be increased to 47.3%. And at present, the imported aluminium ores in China are mainly from Indonesia.

Selected Chats

• Global Aluminium Consumption Structure in 2004
• China Aluminium Consumption Structure in 2004
• Growth of Global Main Nonferrous Metals Consumption
• Changes of Aluminium Applied in Light Cars in North America
• Global Contribution Rate of China Primary Aluminium Consumption Growth
• Growth of Global Primary Aluminium Consumption
• Proportion between Average Aluminium Consumption Per Capita and Urbanization Rate in U.S
• Proportion between Average Aluminium Consumption Per Capita and Urbanization Rate in China
• Growth Rate of Main Nonferrous Metals Since 2003
• Proportions of Aluminium Price vs. Copper Price and Aluminium Price vs. Zinc Price
• Annual Production Yield of Primary Aluminium in China
• Forecast of Output and Production Capacity Utilization Rate of Primary Aluminium in China
• Output Growth and External Dependency of China Aluminium Oxide
• Price Tendency of Domestic Current Aluminium Oxides
• Reserves Distribution of Global Aluminium Ores
• Output Distribution of Global Aluminium Ores in 2006
• Import Volume and External Dependency of China Aluminium Ores
• Import Proportion of Aluminium Ores from Indonesia in China
• Import Volume and Price Tendency of Aluminium Ores in China
• Production Costs in Cash of Global Electrolytic Aluminium
• Average Electricity Price of Global Primary Aluminium Production in 2005
• Year-On-Year Increase of Value Added of Large-scaled Industrial Enterprises in China
• Growth Rate of Fixed Asset and Real Estate Investment in China
• Rapid Growth of Main Aluminium Consumption Fields in China
• Aluminium Storage in Main Futures Exchanges Globally
• Actual Control Relationship of Zhongfu Industry
• Main Expansion Plans of Electrolytic Aluminium Production Capacity Domestically
• Production Capacity and Output Forecast of Electrolytic Aluminium in China
• Variation of Production Capacity and Output of Metallurgical Aluminium Oxide in China
• Demand-Supply Balance of Global Metallurgical Aluminium Oxide
• Demand-Supply Balance of Primary Aluminium Globally and in China
• Price and Forecast of Primary Aluminium and Aluminium Oxide
• Production Capacity and Output Comparison of Aluminium Ingots of Main Listed Enterprises of Electrolytic Aluminium
• Share Composition of Jiaozuo Wanfang (Till Q1 2007)
• Product Output and Sales Volume Statistics and Forecast of Jiaozuo Wanfang during 2004-2009
• Profit Statistics and Forecast of Jiaozuo Wanfang during 2004-2009
• Share Composition of Yunnan Aluminium (Till Q1 2007)
• Product Output and Sales Volume Statistics and Forecast of Yunnan Aluminium during 2004-2009
• Profit Statistics and Forecast of Yunnan Aluminium during 2004-2009
• Share Composition of Shenhuo Coal Industry (Till Q1 2007)
• Product Output and Sales Volume Statistics and Forecast of Shenhuo Coal Industry during 2004-2009
• Profit Statistics and Forecast of Shenhuo Coal Industry during 2004-2009
• Share Composition of Nanshan Aluminium (Till Q1 2007)
• Product Output and Sales Volume Statistics and Forecast of Nanshan Aluminium during 2004-2009
• Profit Statistics and Forecast of Nanshan Aluminium during 2004-2009
• Share Composition of Baotou Aluminium (Till Q1 2007)
• Product Output and Sales Volume Statistics and Forecast of Baotou Aluminium during 2004-2009
• Profit Statistics and Forecast of Baotou Aluminium during 2004-2009
• Share Composition of Zhongfu Industry (Till Q1 2007)
• Product Output and Sales Volume Statistics and Forecast of Zhongfu Industry during 2004-2009
• Profit Statistics and Forecast of Zhongfu Industry during 2004-2009
• Share Composition of Aluminium Corporation of China Limited (Till Q1 2007)
• Output and Sales Volume Statistics and Forecast of Aluminium Oxide of Aluminium Corporation of China Limited during 2004-2009
• Output and Sales Volume Statistics and Forecast of Primary Aluminium of Aluminium Corporation of China Limited during 2004-2009
• Profit Statistics and Forecast of Aluminium Corporation of China Limited during 2004-2009