China Buys Less Bauxite, Nickel Ore in May -Shanghai Metals Market

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China Buys Less Bauxite, Nickel Ore in May

Industry News 11:51:49AM Jul 24, 2012 Source:SMM

Updated: 2012-07-24 (China Daily) - China's imports of bauxite tumbled to the lowest level in more than three years, and those of nickel ore fell 12 percent from an all-time high in May after Indonesia, the main supplier, tightened exports.


Arrivals of bauxite, the ore used to produce aluminum, tumbled to 1.02 million metric tons, the lowest since April 2009, from 6.27 million tons in May, according to data from the General Administration of Customs on Monday. Indonesia supplied 187,355 tons, compared with 5.56 million tons in May, while Australia shipped 649,998 tons, the data showed.


"A small amount of the bauxite that shipped out in May arrived in June," said Guo Qiuying, an analyst at Beijing Antaike Information Development Co.
 

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China Buys Less Bauxite, Nickel Ore in May

Industry News 11:51:49AM Jul 24, 2012 Source:SMM

Updated: 2012-07-24 (China Daily) - China's imports of bauxite tumbled to the lowest level in more than three years, and those of nickel ore fell 12 percent from an all-time high in May after Indonesia, the main supplier, tightened exports.


Arrivals of bauxite, the ore used to produce aluminum, tumbled to 1.02 million metric tons, the lowest since April 2009, from 6.27 million tons in May, according to data from the General Administration of Customs on Monday. Indonesia supplied 187,355 tons, compared with 5.56 million tons in May, while Australia shipped 649,998 tons, the data showed.


"A small amount of the bauxite that shipped out in May arrived in June," said Guo Qiuying, an analyst at Beijing Antaike Information Development Co.