China's alumina imports fill the supply gap
Time:
2021-07-08
Source:
According to foreign news on February 25, an analyst at Metal Bulletin Research said on Wednesday that China’s alumina market had insufficient supply last year, but imports filled the supply gap. At the 21st Bauxite and Alumina Conference hosted by Metal Herald, analyst Yang Cao said that China’s alumina supply and demand gap was 3.84 million tons last year, but the import volume was about 5.28 million tons. This resulted in 1.44 million tons of alumina stored in warehouses throughout the year, he added. The increase in alumina imports is partly due to concerns that Indonesian ore export restrictions may affect the supply of bauxite ore, which is the raw material for alumina. He said that in 2014 there was a surplus of 50 million tons of smelted grade alumina, and the annual aluminum output reached 27.5 million tons.
The largest alumina production area is Shandong Province, followed by Shanxi and Henan Provinces. Affected by restrictions, alumina imports have also become diversified. Yang said that before 2014, China mainly imported from Australia. Currently, imports from Brazil, India and Vietnam are increasing. "We expect Australia to remain China's largest bauxite exporter, and Malaysia may follow closely behind and become China's second largest bauxite exporter." "China will also start from India, Fiji, Brazil, Ghana, Dominican Republic, Imported from Guinea and Guyana, but Chinese bauxite importers still face many issues to consider-such as quality, infrastructure constraints and transportation costs," he said at the meeting.
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Linqu Henghui New Material Co., Ltd. is located in Linqu Longshan New Material Industrial Park, a provincial chemical park in Weifang City, Shandong Province. The parent company Yantai Henghui Chemical Co., Ltd. was established in 2000 and is one of the earliest active alumina material production and R&D enterprises in China
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No. 2266, Long'an Road, Longshan High-tech Industrial Park, Linqu County, Weifang City, Shandong Province