Domestic Bauxite Port Inventories Rise by 2.12 Million mt Week-on-Week

Shanxi Province recently issued the Outline of the 15th Five-Year Plan for National Economic and Social Development of Shanxi Province. The Outline proposes to focus on developing high-end products such as special steel, aluminum-magnesium lightweight structural components, and high-end copper alloy strips and sheets. The province is expected to advance exploration of bauxite, dolomite, iron ore, copper ore, gold ore, graphite ore, high-purity quartz, and helium, and enhance the supply security of strategic mineral resources. The plan also encourages the vigorous development of recycled metals and supports enterprises in establishing scrap recycling systems.

The National Bureau of Statistics (NBS) today released the national economic performance data for Q1 2026. According to preliminary estimates, China's GDP in Q1 reached 33,419.3 billion yuan, up 5.0% YoY in real terms, accelerating by 0.5 percentage points from Q4 of the previous year. By industry, the value added of the primary industry was 1,194.1 billion yuan, up 3.8% YoY; the secondary industry was 11,613.5 billion yuan, up 4.9% YoY; and the tertiary industry was 20,611.7 billion yuan, up 5.2% YoY. On a QoQ basis, GDP grew 1.3% in Q1.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Apr , 2026