Feb 21, 2024

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Alumina segment business

 

In terms of imported minerals, the main suppliers of imported minerals are still Guinea, Australia, and Indonesia. The overall shipping freight is running at a high level. Although companies import bauxite mainly on long-term orders, as the tight supply of ore has not eased, the demand for imported ore continues to increase, and the price of imported ore rises. China imported bauxite totaling 107.37 million tons.

 

 

Alumina segment business

Among them, Guinea imports accounted for 51%. Affected by high sea freight and increased domestic demand, the CIF price of imported bauxite is approximately US$48/ton, and the price has increased compared with the previous year.

Alumina segment business