China imported 47 per cent less bauxite for the year to September 2012 due to plummeting imports from Indonesia.
But imports rose 48 per cent in August.
China’s bauxite imports fell in recent months following export policy revisions in Indonesia, a major supplier. Imports from Indonesia had plummeted in June, but picked up in August and September as shipments gradually resumed.
Total bauxite imports for the first three quarters was 30.77 million metric tonnes, up a marginal 2% from the same period in 2011.
China also hiked its imports from other markets in September to cover reduced supplies from Indonesia.
China imported 111,943 metric tonnes of bauxite from India. There were no Indian imports recorded neither in September 2011 nor in August 2012.
There was also a rise in imports from Guyana in September, at 27,681 metric tonnes, compared with 72.4 metric tonnes imported in August. There were no imports from Guyana a year ago. (ProactiveInvestors.com)