09 MARCH 2015Shanghai Metal Market
China alumina imports fall 40% in Jan. 2015 as imported material loses appeal
Edited by : AL CIRCLE
1 min read
China’s alumina imports fell 40% on monthly and yearly basis to 385,194 tonnes in January 2015, customs data showed.
Imported material being less attractive is the main reason for lower inbound shipments. Domestic prices fell due to growing production, while FOB price of Australian alumina stayed above $350/tonne.
On top of this, tighter liquidity is also partly responsible falling imports.
Imported material being less attractive is the main reason for lower inbound shipments. Domestic prices fell due to growing production, while FOB price of Australian alumina stayed above $350/tonne.
On top of this, tighter liquidity is also partly responsible falling imports.
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