BLACK CHINA BLOG


Alumina The quoted price of imported product has fallen RMB50/Tonne to RMB2000-2050/Tonne. Domestic alumina price dropped RMB50/Tonne to RMB1800-1850/Tonne (Non Chalco); Chalco price fell RMB600/Tonne to 2000RMB/Tonne. The market demand is very weak at the moment due to aluminium production cut backs. Domestic alumina deal prices have actually fallen to RMB1800/Tonne. Shanxi, Henan and Shandong […]

By: Paul Adkins | Read More

There are reports circulating in the domestic market that Chalco has signed a deal with China National Petroleum Corporation for the supply of green coke in 2009. There have been no official reports or announcements, and our enquiries have not yet yielded any official confirmation. But we understand the the deal covers up to 1 […]

By: Paul Adkins | Read More

Alcoa has announced it has signed a letter of intent with Weifang Lianxing Carbon in Shandong province for a joint venture in calcined coke production. Lianxing produces about 300,000T of calcined coke per year, drawing most of its green coke from local independent refineries. The plan is apparently for Alcoa take to take control of […]

By: Paul Adkins | Read More

The following article appeared recently in the Chinese national news agency Xinhua. Whenever a government intervenes in a market, the repercussions can be felt for years after. In this case, the metal will not actually be consumed, but will sit in warehouses waiting for the day that Government policy changes and the metal is released […]

By: Paul Adkins | Read More

Here is an article which appeared in last week’s China Daily. Although it is always likely that China’s press will “talk up” the economic situation, there is grounds for believing at least some of what the journalist reports. Indicators bode well for GDP By Lillian Liu (China Daily) Updated: 2009-01-07 11:54 Despite its growth rate […]

By: Paul Adkins | Read More

Alumina The quoted price of imported product has fallen RMB50/Tonne to RMB2250-2300/Tonne. Domestic alumina price dropped RMB50-100/Tonne to RMB2050-2100/Tonne (Not Chalco); Chalco price remained stable last week. Alumina production cut backs so far have not enough to make an impact on the price, because demand is falling faster than the supply reductions. Aluminium Chalco aluminium […]

By: Paul Adkins | Read More
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