Australia outpasses Malaysia to become China's top bauxite supplier

Bauxite shipments from Astralia to China have zoomed past Malaysia's bauxite shipments to China. According to the latest export-import data released by the General Customs Administration of China, Australia shipped 1,057,321 million tonnes (mt) of bauxite, the principal ore of aluminium, to China in February 2016, while Malaysia shipped 986,930 mt during the same period.

Malaysia’s three-month ban on bauxite mining, which started on January 15, sent China’s imports from the once top supplier down 54.3 per cent month-on-month in February. Such decline in bauxite shipments caused China’s total imports to tumble 39 per cent from January to 3.22 mt in February, customs data showed.

SMM attributes lower imports of bauxite partly to production cuts by major Chinese alumina refiners, especially in Shandong.

Average CIF price of bauxite imports in China was $49.92 per tonne in February, down 10.9 per cent from corresponding period previous year and down 2.4 per cent from a month ago.

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