Chinese bauxite import keeps recovering against Indonesia bauxite export prohibit rumor
2013-05-29 14:37:59 【Print】
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BEIJING (Asian Metal) 29 May 13 – In May 2012, Indonesia declared to control bauxite export, which led to sharply dropping Chinese bauxite import in 3rd quarter of 2012
. However, from late last year, Chinese bauxite import kept recovering and Indonesia bauxite export also increased gradually . The policy that Indonesia will prohibit bauxite export from 2014 may become a rumor in the future . Although Indonesia tried to establish alumina refineries by themselves, it seemed hard to realize the willing due to many factors . Chinese bauxite importers did not sow worry on Indonesia bauxite export ban . There is no doubt that Chinese bauxite import price climbed up obviously since late last year . Chinese alumina refineries in Shandong province will face challenges from rising cost but sluggish alumina market.