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Home / Metal News / China Alumina Imports Hit 19-Month Low in March, to Stay Low in April

China Alumina Imports Hit 19-Month Low in March, to Stay Low in April

iconApr 23, 2015 15:22
China’s alumina imports tumbled 42.1% from a year ago to 218,000 tonnes in March, customs data showed.
SHANGHAI, Apr. 23 (SMM) – China’s alumina imports tumbled 42.1% from a year ago to 218,000 tonnes in March, customs data showed. 
 
SMM attributes the decline due to growing supply and price attractiveness of domestic alumina. 
 
China’s metallurgical-grade alumina output increased 8.7% year-on-year to 4.7 million tonnes in March. 
 
Domestic alumina was more attractive than imported material. Chinese refineries cut offers against mounting inventories, sending the average alumina ex-works prices in Henan and Shanxi down to RMB 2,637 yuan/tonne and 2,597 yuan/tonne, SMM data showed. Imported alumina traded at 2,670 yuan/tonne at the Port of Lianyungang. 
 
Imports are expected to stay low in April, since drivers behind lower imports will persist.
 
 For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 
China alumina import march 2015
China alumina import
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.

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