China’s bauxite imports up 4% YoY in May; Guinea remains the top supplier
According to the latest data from China Customs, China’s imports of bauxite decreased 3.9 per cent month-on-month to 9.54 million tonnes in May 2020. On a yearly basis, imports were up by 3.57% from the same month of 2019.
Total imports stood at 47.9 million tonnes in January-May, showed Customs data under HS code 26060000.
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The Republic of Guinea, Australia, and Indonesia remained to be the top three bauxite suppliers to China in May. Guinea exported 4.13 million tonnes in May, down 14.33% from April and 17.84% year-on-year. That accounted for 43% of China’s total bauxite imports. The drop was due to lower demand after some refiners halted part of the capacity.
Australia and Indonesia accounted for 34% and 19%, respectively, of the country’s total imports in May. Imports from Australia stood at 3.25 million tonnes, an increase of 12.63% month on month and 25.85% year on year.
Bauxite imports from Indonesia in May fell 9.76% month on month but rose 77.67% year on year. Total imports came in at 1.82 million tonnes.
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