10 MARCH 2016AlCircle.com
China's bauxite hunger still not that big
Edited by : AL CIRCLE
1 min read
China imported 5.3 million tonnes of bauxite in January 2016, up 104.91 per cent from a year ago, but down 25.4 per cent from prior month, revealed data released by the China Customs. Clearly, the country’s appetite for bauxite, the principal ore of aluminium, is still not that big. Following production cuts in domestic alumina market, the demand for bauxite has fallen and will take some time to rebound, SMM observes.
The falling prices of alumina in the world market has also led to the decline of demand for bauxite in China.
Besides, Malaysia’s three-month ban on bauxite mining, which has been effective January 15, 2016, also contributed to the drop, an analyst added. China imported 2.16 million tonnes of bauxite from Malaysia, still China’s top supplier.
The falling prices of alumina in the world market has also led to the decline of demand for bauxite in China.
Besides, Malaysia’s three-month ban on bauxite mining, which has been effective January 15, 2016, also contributed to the drop, an analyst added. China imported 2.16 million tonnes of bauxite from Malaysia, still China’s top supplier.
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