Newssummary: China Qinghai Alumina Imports Up 48% in 2014-Shanghai Metals Market

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Newssummary: China Qinghai Alumina Imports Up 48% in 2014

Industry News 10:11:15AM Feb 09, 2015 Source:SMM
SHANGHAI, Feb. 9 (SMM) – Qinghai Province imported 361,000 mt of alumina in 2014, up 48% from a year ago, local media reported yesterday.   
 
The average import price was 2,045 yuan ($332) per tonne, up a mere 0.3%.
 
Imported alumina was cheaper than domestic alumina, offering incentive to import. Besides, Indonesia’s export ban on unprocessed ores interrupted raw material supply for China, also forcing Chinese companies to step up alumina imports, local customs authority said. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 
 

Newssummary: China Qinghai Alumina Imports Up 48% in 2014

Industry News 10:11:15AM Feb 09, 2015 Source:SMM
SHANGHAI, Feb. 9 (SMM) – Qinghai Province imported 361,000 mt of alumina in 2014, up 48% from a year ago, local media reported yesterday.   
 
The average import price was 2,045 yuan ($332) per tonne, up a mere 0.3%.
 
Imported alumina was cheaper than domestic alumina, offering incentive to import. Besides, Indonesia’s export ban on unprocessed ores interrupted raw material supply for China, also forcing Chinese companies to step up alumina imports, local customs authority said. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.