SMM News on June 23:
According to the General Administration of Customs of China, in May 2024, China imported 13.549 million tons of bauxite, a decrease of 4.84% compared with the previous month and an increase of 4.63% compared with the same period of the previous year.
(Customs code: 26060000)
SMM Brief Comment: Overall, the total import volume of bauxite in China has maintained a slight growth trend. However, in terms of mainstream imported ore, Guinea's bauxite shipments have been frequently disturbed and are gradually entering the rainy season. The increase in Guinea's bauxite imports from January to May has not met expectations. Although the increase in Australia's bauxite imports is considerable, some of the reasons are due to...
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