Bauxite Market Outlook: Production Cuts Amid Rising Imports from Guinea

Telah Terbit: Mar 21, 2025 21:25
【Bauxite Imports Brief】In the short term, alumina refineries may cut production under loss pressure, leading to a certain degree of decline in bauxite demand. On the supply side, imported bauxite is expected to show an increasing trend, with a significant increase in supply from Guinea. China's imports of Guinean bauxite increased YoY by 37.18% and 21.17% in January-February. From January to mid-March 2025, the daily average shipments from Guinea saw another increase compared to November-December 2024. It is expected that China's imports of Guinean bauxite in March-April 2025 will increase compared to January-February. The bauxite supply and demand fundamentals may shift towards a relatively loose pattern, with bauxite prices expected to face pressure in the short term.

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【Bauxite Imports Brief】In the short term, alumina refineries may cut p - Shanghai Metals Market (SMM)