The cumulative export volume from January to May was 647,300 tonnes, which was significantly up by 48.25 per cent Y-o-Y, suggesting an overall positive trend in the industry's performance.
Prebaked anode exports in April 2024 were primarily from three Chinese provinces - Shandong, Jiangsu, and Guangdong. Among them, Shandong exported the highest volume of prebaked anodes, reaching 139,800 tonnes, accounting for 84 per cent of the total exports. Jiangsu exported 11,700 tonnes, accounting for 7 per cent, followed by Guangdong exporting 6,500 tonnes, accounting for 4 per cent of the total.
As far as export destinations are concerned, China exported prebaked anodes to fifteen countries, including Malaysia, Russia, and Norway. The three countries jointly accounted for 64 per cent of the total export volume. Malaysia, being the main importer, secured 58,700 tonnes of prebaked anode from China, accounting for 35 per cent of the total exports. On a month-on-month basis, the import volume increased by 19,600 tonnes.
Aluminium stocks at Japanese ports drop 9% Y-o-Y in August, highlighting ongoing supply issues in Asia
