China will likely seek bauxite from South America and Africa

From the end of 2011, Chinese enterprises have already begun to compete for high-priced bauxite deposits in India, which has increased the import of bauxite from India to 21% in the first 10 months of this year. This is a share obtained from high prices. This is not good news for ample alumina and primary aluminum smelters. In 2012, China's bauxite imports are likely to sprint to 30 million tons. Indonesia has been unable to supply sufficient quantities of bauxite to China in a short period of time due to trade control and supply capacity. Therefore, China this year to India and Australia. The trend of seeking bauxite supply will become more apparent.

China will likely seek bauxite from South America and Africa. At present, the profits of imported alumina producing alumina are meagre and even losses are well known. Of course, the ocean freight exceeds the FOB price of bauxite, which is also a very important reason. Although aluminum is the most abundant metal on earth, bauxite is also one of the shortest development cycles, but in the face of explosive demand growth, bauxite is the upstream product of primary aluminum and alumina smelting, 2008-2009. It is very likely that supply will remain tight. If shipping costs remain high and supply of bauxite is tight, China may resume its increase in imported alumina.