China's September Bauxite Imports down 23.57% MoM, with Guinea Being Top Supplier

Published: Oct 24, 2022 17:41 (GMT+8)
Data from the General Administration of Customs shows that China's imports of bauxite in September were 8.21 million mt, a decrease of 23.57% from the previous month and 0.96% from the same period last year.

Data from the General Administration of Customs shows that China's imports of bauxite in September were 8.21 million mt, a decrease of 23.57% from the previous month and 0.96% from the same period last year.

Guinea was the largest supplier. Last month, China imported 4.15 million mt of bauxite from Guinea, a decrease of 33.7% month-on-month, but an increase of 6% year-on-year.
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Aluminum prices edged down today, spot market weakened [SMM South China aluminum spot daily review]
4 mins ago
Aluminum prices edged down today, spot market weakened [SMM South China aluminum spot daily review]
Read More
Aluminum prices edged down today, spot market weakened [SMM South China aluminum spot daily review]
Aluminum prices edged down today, spot market weakened [SMM South China aluminum spot daily review]
4 mins ago
China Cast Aluminum Alloy Ingots Inventory Down 2,700 mt WoW, Ending Six-Week Buildup Trend
1 hour ago
China Cast Aluminum Alloy Ingots Inventory Down 2,700 mt WoW, Ending Six-Week Buildup Trend
Read More
China Cast Aluminum Alloy Ingots Inventory Down 2,700 mt WoW, Ending Six-Week Buildup Trend
China Cast Aluminum Alloy Ingots Inventory Down 2,700 mt WoW, Ending Six-Week Buildup Trend
[SMM Aluminum Alloy Update] China's social inventory of cast aluminum alloy ingots stood at 31,800 mt this week, down 2,700 mt WoW, ending a six-week streak of inventory buildup. The shift to destocking this week was mainly driven by a widening spot-futures price spread and the release of pre-holiday stockpiling demand, with enterprises showing improved purchasing appetite. The National Day holiday arrives next week, and pre-holiday stockpiling demand may be further released. Social inventory is expected to continue destocking, but whether demand can be sustained after the holiday still warrants attention.
1 hour ago
Pre-holiday destocking trend of aluminum ingots continues, providing strong support for aluminum prices fluctuating at highs [SMM Aluminum Morning Meeting Minutes]
2 hours ago
Pre-holiday destocking trend of aluminum ingots continues, providing strong support for aluminum prices fluctuating at highs [SMM Aluminum Morning Meeting Minutes]
Read More
Pre-holiday destocking trend of aluminum ingots continues, providing strong support for aluminum prices fluctuating at highs [SMM Aluminum Morning Meeting Minutes]
Pre-holiday destocking trend of aluminum ingots continues, providing strong support for aluminum prices fluctuating at highs [SMM Aluminum Morning Meeting Minutes]
[Aluminum ingot destocking trend continues before the holiday, providing strong support for aluminum prices fluctuating at highs] Overall, it is expected that aluminum prices will consolidate at highs in the short term.
2 hours ago