China’s alumina exports surge in May due to high demand from Russia
Views : 158
Update time : 2022-06-21 20:48:00
According to statistics, China’s alumina exports totaled 190,000 tons in May, making the total export volume reach 380,000 tons, nearly 1,000% higher than the volume in 2021. The surge was mainly due to Russia shifting its procurement sources of alumina to China.
Earlier this year, Australia banned the exports of alumina and bauxite to Russia. In April, Rio Tinto cut Rusal's access to production and management at the joint venture alumina refinery in Queensland, whose annual production capacity is 750,000 tons.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
