Argentina’s Imported Bauxite Surges in 2017

According to General Administration of Customs China imported 8.73 million mt of bauxite in December, up 13.32% month-on-month and 16.4% year-on-year.

As of this Friday, the SMM weighted average alumina price index stood at 3884 yuan/mt, an increase of 64 yuan/mt from before the holiday; Shanxi reported 3850-3950 yuan/mt, an increase of 100 yuan/mt from pre-holiday; Shandong reported 3850-3900 yuan/mt, an increase of 75 yuan/mt compared to before the holiday; Henan reported 3850-3950 yuan/mt, an increase of 50 yuan/mt compared with pre-holiday; Guangxi reported 3700-3700 yuan/mt, Guizhou reported 3800-3900 yuan/mt, both flat from before the holiday; Bayuquan reported 3900-4050 yuan/mt, an increase of 75 yuan/mt from before the holiday.

Aluminium spot trading across east and south China was brisk on the morning of Friday May 4 as downstream consumers stockpiled for the upcoming weekend, SMM learned.

SMM Morning Comments

SMM Evening Comments

SMM Morning Comments

SMM Evening Comments

China imported 6.1 million mt of bauxite in February, up 43.7% year on year, latest customs data showed

SMM Evening Comments

China’s bauxite imports in February grew 43.7% year on year to stand at 6.1 million mt, according to Chinese customs.