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Home / Metal News / China Bauxite Imports Tumble 59.17% YoY in March on Falling Supply and Weak Demand
China Bauxite Imports Tumble 59.17% YoY in March on Falling Supply and Weak Demand
Apr 22, 2014 17:13China imported 1.83 million tonnes of bauxite in March, down by 59.17% year-on-year due to falling arrivals and soft consumption, China Customs data showed.
SHANGHAI, Apr. 22 (SMM) – China imported 1.83 million tonnes of bauxite in March, down by 59.17% year-on-year due to falling arrivals and soft consumption, according to Shanghai Metals Market.
The sharp drop in imports was due mainly to no shipments to China from Indonesia after its ban on ore exports, according to SMM's research team. The preference to use inventories for production and production cuts at Chinese alumina producers with imported ore as raw material, were also blamed for the tumble in imports.
Bauxite imports from major suppliers are detailed as follows.
|
Country |
Quantity (tonnes) |
Year-on-Year Change |
|
Indonesia |
477,400 |
-85.56% |
|
India |
48,500 |
-87.68% |
|
Australia |
768,800 |
-1.71% |
China bauxite trade
China bauxite imports in March
Indonesia export ban
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
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