Home / Metal News / Lead / China’s Alumina Imports Fell 29.07% YoY in February
China’s Alumina Imports Fell 29.07% YoY in February
Apr 3,2015 17:58CST
data analysis
Source:SMM
China’s alumina imports tumbled 29.07% YoY to 330,000 mt in February.
SHANGHAI, Apr. 3 (SMM) – China’s alumina imports tumbled 29.07% YoY to 330,000 mt in February. YTD imports through February totaled 710,000 mt, down 35%, customs data showed. Supply of domestic alumina grew, and its prices were lower than imported alumina, so some aluminum smelters preferred domestic alumina. 
 
Domestic alumina will remain at a price advantage over imported goods since growing alumina inventories will prevent prices from rising. As such, China’s appetite for imported alumina will weaken further. Rusal and Alcoa announced decisions to cut aluminum production this year, boding ill for overseas alumina prices.
 
China alumina import feb 2015
China alumina trade

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn