FORECAST: Easing tightness, shrinking reserves will support Chinese bauxite imports - BMI Research

Weaker prices for seaborne bauxite and depleting domestic reserves of the ore will support the continued strength of China’s bauxite imports in the long term, according to BMI Research.

China’s bauxite output will reach 76.02 million tonnes by 2026, analysts at United Kingdom-based BMI said in a report on November 15, with growth averaging 1.6% per year, compared with 7.5% between 2012 and 2016. China will account for 22.3% of global bauxite output in 2017, but will produce 56.7% of the world’s refined aluminium, according to the analysts. “This disparity, combined with falling bauxite prices, will support China's...

Published

Charlotte Radford

November 17, 2017

03:30 GMT

London