China's alumina exports had a significant jump in March, reaching their second-highest level. The 300,000 tons shipped were more than double the amount from the same time last year. This surge was due to a domestic oversupply of alumina after new production capacity caused prices to fall sharply.
Unlike other Chinese metals, alumina exports go mainly to a few buyers. Russia, facing a shortage of raw materials, took the largest share at 48% of China’s exports last month. Indonesia and the UAE were also significant destinations, accounting for 19% and 23% respectively.
Lower domestic prices have created opportunities for profitable overseas sales, and experts predicted that export volumes will likely stay high at around 150,000 to 200,000 tons in the coming months.
China’s alumina exports surge in Mar due to domestic oversupply
23 Apr 2025 16:41 reported by Joy Liu
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