Oct'24: China’s alumina output reaches 7 million tonnes again, but can this growth sustain amid tight bauxite supply?

After a decline last month, China's metallurgical-grade alumina production grew in October 2024, marking a M-o-M increase of 2.93 per cent, according to the Shanghai Metals Market survey. The output also escalated by 6.51 per cent year-on-year, backed by capacity expansion and higher operating rate.

Exceeding the initial forecast of 1.73 per cent M-o-M growth, China's metallurgical-grade alumina production in October is estimated to have amounted to 7.112 million tonnes versus 6.91 million tonnes in September. Notably, the country's monthly output volume yet again surpassed the 7 million tonnes benchmark but fell short of 1.5 per cent to touch the August production.
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High alumina price vs falling aluminium ingot price reflected on Chinese metals' market
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