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2010 May Al Imports and Exports Data Analysis

iconJun 28, 2010 00:00

SHANGHAI, June 28 (SMM) --
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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