SMM News on May 20:
According to the General Administration of Customs of China, China imported 14.2376 million tons of bauxite in April 2024, which was a record high for a single month. It increased by 20.02% from the previous month and by 18.84% year on year.
(Customs code: 26060000)
SMM Brief Comment: Overall, Guinea and Australia will still be the main contributors to the increase in domestic bauxite supply. From January to April, China's imported bauxite increased by a total of 3.0256 million tons.
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