BLACK CHINA BLOG


Aluminium fluoride prices inside China are on their way back down from their heady levels of 2007.   Dry ALF3 can be bought for as low as RMB5,500, a far cry from RMB11,200 that we saw in June last year.   In fact the prices have now managed to get back to 2006 levels. The recently announced […]

By: Paul Adkins | Read More

Alumina Last week imported alumina CIF price stayed at 300-320US$/Ton. The local price for imported alumina dropped 200RMB/Ton to 2450-2500RMB/Ton.   Domestic non-Chalco alumina went down 50RMB/Ton to 2050-2150RMB/Ton.    The price from Chalco dropped 300RMB/Ton to 2600RMB/Ton.   Due to the smelter cut backs and the low alumina price operating plus the soft domestic economy, more […]

By: Paul Adkins | Read More

Aluminium production in China last month is reported to have dropped to 1,090,000 tonnes, taking the daily average for the month down to a little over 35,000 tonnes per day.   This is a 9% drop over last month, and a 4% drop over October 2007.   Although these figures have not yet been formally announced by the China […]

By: Paul Adkins | Read More

Much as been made of the package that Beijing announced last week.   There has been debate about whether it is all “new” money or re-hashed and re-presented programs already under way.   There has been some discussion about whether the package is going to save the Chinese economy from a hard landing, and whether the package will […]

By: Paul Adkins | Read More

The government yesterday announced a new export tax of 15% to be applied to aluminium fluoride.   The new tax is effective December 1.   It will be applied uniformly as of that date, so the only way to avoid it is to have your cargo exported in November. Interestingly, the tax has a horizon date of […]

By: Paul Adkins | Read More

Alumina Last week imported alumina CIF price went down 10US$/Ton to 300-320US$/Ton.    The price from Chalco remained at 2900RMB/Ton.      Chalco indicated that from the end of October they are starting another round of cut backs.   They will continue to cut back on some high cost alumina plants.   Aluminium Aluminium price (Chalco) dropped 400RMB/Ton to 14000RMB/Ton last week.    […]

By: Paul Adkins | Read More
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