SMM News on July 5th:

According to SMM data, in June 2024, the total bauxite inventory of alumina plants in China reached 41.856 million tons, down 0.61% from the previous month and down 13.90% year-on-year. The domestic ore output has remained at a low level for more than half a year, and the increment of domestic imported ore in the first half of 2024 also fell short of expectations. The total bauxite inventory in June decreased by 13.90% year-on-year compared to 2023...