Chinese alumina trade slumps
Published: Monday, 09 January 2017
The Asian country slashed its purchases of alumina in 2016 while its exports of the mineral halved, on the back of production disruptions within the country coupled with reduced demand on the external market.
Chinese alumina imports fell for eight consecutive months to
November 2016 against the same period in the previous year,
showing double-digits decline rates exceeding 50% on several
occasions, customs data shows.
The country imported just over 261,000 tonnes alumina last
November, marking a 32% drop in demand year-on-year