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Bauxite:
According to China Customs, China's bauxite imports were 2.45 million mt in May, up 58.58% YoY, but down 4.76% MoM. Bauxite imports remain stable, but since a number of alumina producers in Shandong province are expected to cut output, SMM predicts bauxite imports will fall slightly for the foreseeable future.
Alumina:
According to China Customs, China's alumina imports were 461.4 kt during May, down 4.01% YoY, but alumina imports have now recovered from the record low of 150 kt imported in April. However, there is high likelihood alumina imports to China will continue to fall.
Aluminum:
According to China Customs, China's aluminum imports were 28 kt during May, down 89.18% YoY, and down 3.25% MoM. China's aluminum exports in May fell slightly to 25.3 kt after rising sharply in April, but were still up over 9,600% YoY. Re-exports of aluminum remain the major reason behind high export levels of primary aluminum.
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