Chinese bauxite imports up by 22.7% MOM in August
2016-09-23 08:28:13 [Print]
BEIJING (Asian Metal) 23 Sep 16 - According to China Customs, China imported around 4.46 million tons of bauxite in August of 2016, up by 22.7% MOM. The total imports from January to August were around 33.26 million tons, up by 3.86% YOY.
Unit: KT
Chinese bauxite imports by month
The import increase in August was mainly attributed to supplies from Australia, Guinea, Malaysia, Brazil and India. In addition, Chinese demand increase was a big support to the figure.
In August, Australia remained the biggest bauxite supplier to China, with the volume of 2.24 million tons, a record high in history, followed by Guinea and Malaysia with the volume at around 1 million tons and 0.51 million tons respectively. In August, more illegal bauxite stocks in Malaysia were allowed for export, leading to supply increase. In July, the bauxite shipment capacity reached 1 million tons in Guinea, resulting in import increase in August. However, the volume may not be stable due to rainfall in August and September.
Chinese bauxite imports from major origins
The Brazilian bauxite import volume climbed up by 9.6% MOM to around 430,000t in August, when China resumed bauxite purchase from India, with the volume at around 75,000t. The Indian bauxite supply may increase further in September, as the Chinese demand for Indian bauxite gets strengthened due to the continuous Malaysian bauxite mining ban. Meanwhile, we may witness new comings from Vietnam and Solomon Islands in September. In Q4, Chinese consumers need add imported bauxite stocks, so the import volume will continue to go up in the following few months.
Chinese bauxite import by countries
Unit: KT
Chinese bauxite imports by month
The import increase in August was mainly attributed to supplies from Australia, Guinea, Malaysia, Brazil and India. In addition, Chinese demand increase was a big support to the figure.
In August, Australia remained the biggest bauxite supplier to China, with the volume of 2.24 million tons, a record high in history, followed by Guinea and Malaysia with the volume at around 1 million tons and 0.51 million tons respectively. In August, more illegal bauxite stocks in Malaysia were allowed for export, leading to supply increase. In July, the bauxite shipment capacity reached 1 million tons in Guinea, resulting in import increase in August. However, the volume may not be stable due to rainfall in August and September.
Chinese bauxite imports from major origins
The Brazilian bauxite import volume climbed up by 9.6% MOM to around 430,000t in August, when China resumed bauxite purchase from India, with the volume at around 75,000t. The Indian bauxite supply may increase further in September, as the Chinese demand for Indian bauxite gets strengthened due to the continuous Malaysian bauxite mining ban. Meanwhile, we may witness new comings from Vietnam and Solomon Islands in September. In Q4, Chinese consumers need add imported bauxite stocks, so the import volume will continue to go up in the following few months.
Chinese bauxite import by countries
| |
August |
YOY% |
USD/t |
Jan-Aug |
YOY% |
| Total |
4,457,660 |
-1.83 |
49.04 |
33,263,716 |
3.86 |
| Australia |
2,237,569 |
38 |
45.28 |
13,892,367 |
6.86 |
| Guinea |
1,003,287 |
1,573.96 |
53.84 |
6,438,286 |
10,642.07 |
| Malaysia |
507,390 |
-74.38 |
40.92 |
5,869,909 |
-51.39 |
| Brazil |
429,230 |
79.32 |
56.92 |
2,369,863 |
246.43 |
| Montenegro |
124,417 |
- |
68.48 |
189,196 |
276.31 |
| Ghana |
81,004 |
41.71 |
81.23 |
653,638 |
35.5 |
| India |
74,586 |
-75.29 |
39.5 |
3,466,786 |
-23.24 |
| Vietnam |
177 |
-93.21 |
21.16 |
45,249 |
511.78 |
| Madagascar |
1 |
- |
2,323 |
1 |
54.82 |
Bauxite Australian Monohydrate 52%min CIF China
Unit:USD/dt
China bauxite producers' sales to production ratio statistics by province by month
Unit: %
