Customs data for January 2024 shows China's bauxite imports at 13.2019 million mt, up 11.24% MoM and 7.15% YoY. Guinea led with 9.2859 million mt, up 12.95% MoM and 1.52% YoY. Australia follows with 3.4759 million mt, up 9.66% MoM and 50.89% YoY. Other sources include: Turkey (170,800 mt), Brazil (102,700 mt), Malaysia (93,100 mt), Cote d'Ivoire (50,900 mt), and Laos (22,600 mt).

![Accelerated destocking of aluminum ingots during the peak season supports aluminum prices to hold up well in the short term [SMM Aluminum Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/zjiqN20251217171650.jpg)

