China’s appetite for bauxite imports continues to increase, according to Banchero Costa.
Analyst Chong Hui Ru estimates that Chinese bauxite imports have increased around 10% over the first nine months of 2018 compared to the same period of last year.
China imported 68.8 million tonnes of bauxite in 2017, up 32.8% from 51.8 million tonnes in 2016.
“The increase has continued to be driven by strong volumes from Guinea, from which we estimate shipments to China have increased close to 40% year-on-year over January to September 2018,” Chong said.
