2017-05-06
China imports of bauxite ore in the first quarter of 2017 reached 13.92 million tons, rising by 3.6% YoY, according to the data from China Custom. In which imports of bauxite ore in March were 5.07 million tons, up 19% month-on-month.
China imports of bauxite ore fromThe Republic of Guinea, Australia and Brazil were 4.84 million tons, 5.9 million tons and 800,000 tons respectively, up 185.67% YoY, 47.76% YoY and 42.24% YoY. While China imports of bauxite ore from Malaysia and India showed a downward trend, to 1.13 million tons and 620,000 tons, declining by 73.5% YoY and 73.6% YoY.
China imports of bauxite ore from Australia, as the top first bauxite ore supply country, held 42.4% of total imports, following by Guinea, accounting for 34.8%. In the second quarter, the supply from Guinea will increase. In April, the shipment from Guinea was forecasted to 120,000 tons, and Indonesia will resume the supply of bauxite ore in the second quarter as a company based Indonesia had gained the export quotas of 850,000 tons at the end of March. Meanwhile, the supply of bauxite ore from Malaysia is difficult to improve as the mining restriction will last to the end of June. And China may enlarge the imports of bauxite ore from India before the rainy season coming in India.