Guinea's Bauxite Imports Remain Low, with Slight Increase Expected Post-Rainy Season

SMM November 20 News:

SMM Brief Comment: In October, Guinea's bauxite import volume remained low compared to expectations, basically in line with previous forecasts. In November, the impact of Guinea's rainy season is expected to continue to be reflected in domestic arrivals; in December, due to the recent cessation of bauxite exports by some Guinean miners and the impact on shipments, Guinea's bauxite import volume is expected to remain low compared to pre-rainy season levels. However, from the perspective of shipment data, after the end of the rainy season, some companies have shown an increase in bauxite shipments, with weekly port departures of bauxite rebounding compared to the levels during the rainy season. Therefore, Guinea's bauxite import volume may increase slightly.