SunSirs: China's Bauxite Imports Hit Record High in First Half of 2025

In the first half of 2025, domestic bauxite supply remained stable while overseas bauxite supply saw significant year-on-year growth. Coupled with a correction in high global alumina prices, imported bauxite prices trended downward. Although overseas bauxite prices rebounded in the second quarter due to policy disruptions, constrained by overall global supply abundance and limited demand growth, imported bauxite prices exhibited weak fluctuations.

In the first half of 2025, China's bauxite imports reached a record high of 103 million tons, up 33.6% year-on-year. Imports from Guinea totaled 79.67 million tons, a 41.3% increase, accounting for 77.2% of total imports. Imports from Australia amounted to 16.48 million tons, down 7.1% year-on-year, representing 16.0% of total imports. Other major import sources included Turkey, Malaysia, Guyana, and Laos.

Domestic bauxite supply is expected to remain stable in the second half of the year, while imports may rise driven by demand. Barring unforeseen disruptions, China's bauxite imports are likely to maintain high levels during this period, with import prices projected to fluctuate within a narrow range.

As an integrated internet platform providing benchmark prices, on September 5, the benchmark aluminum price of SunSirs was 20,743.33 RMB/ton, down 0.02% from the beginning of this month (20,746.67 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

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