23 APRIL 2014Shanghai Metal Market
China bauxite imports tumble 59.17% YoY in March on falling supply and weak demand
Edited by : AL CIRCLE
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China imported 1.83 million tonnes of bauxite in March, down by 59.17% year-on-year due to falling arrivals and soft consumption, according to Shanghai Metals Market.
The sharp drop in imports was due mainly to no shipments to China from Indonesia after its ban on ore exports, according to SMM's research team. The preference to use inventories for production and production cuts at Chinese alumina producers with imported ore as raw material, were also blamed for the tumble in imports.
Bauxite imports from major suppliers are detailed as follows.
Country Quantity (tonnes) Year-on-Year Change
Indonesia 477,400 -85.56%
India 48,500 -87.68%
Australia 768,800 -1.71%
The sharp drop in imports was due mainly to no shipments to China from Indonesia after its ban on ore exports, according to SMM's research team. The preference to use inventories for production and production cuts at Chinese alumina producers with imported ore as raw material, were also blamed for the tumble in imports.
Bauxite imports from major suppliers are detailed as follows.
Country Quantity (tonnes) Year-on-Year Change
Indonesia 477,400 -85.56%
India 48,500 -87.68%
Australia 768,800 -1.71%
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