Chinese Bauxite and Nickel Ore Imports
Chinese bauxite imports rose by 1.0 Mt year-on-year to 4.3 Mt in February, as shipments from Australia (+0.8 Mt to 1.9 Mt) and Guinea (+1.0 Mt to 1.3 Mt) increased, Chinese customs data show. This contrasted with sharp falls in imports from Malaysia (-0.5 Mt to 0.5 Mt) and India (-0.3 Mt to 0.2 Mt).
Meanwhile, China’s imports of nickel ore from the Philippines dropped to the lowest level in a year at 0.7 Mt in February. However, a very weak February 2016 total meant Chinese imports of nickel ore from all sources were still up by 0.5 Mt on the year-ago level at 1.1 Mt.