China’s January-February aluminum imports fall 26.2% year on year

BEIJING, March 18 (Reuters)China’s aluminum imports in the first two months of 2022 fell 26.2 percent from a year earlier, data from the General Administration of Customs showed on Friday.

Arrivals of unwrought aluminum and products – which include primary metal and unwrought alloy aluminum – totaled 336,007 tonnes in January and February combined, compared to 455,128 tonnes for the corresponding period last year.

Customs also gave the January import figure at 193,177 tonnes, down 37.3% year on year, and the February figure at 142,829 tonnes, down 2.6%. The December total was 243,729 tonnes.

China, the world’s largest aluminum producer and consumer, imported a record amount of base metal in 2021 – 3.2 million tonnes – as Shanghai’s higher aluminum prices compared to international prices for most of 2021 made imports favorable.

By comparison, China’s exports of unwrought aluminum and aluminum products rose 22% year on year to 1.03 million tonnes in January-February.

China’s bauxite imports in January-February totaled 21 million tonnes, up 23 percent year on year, customs said.

(Reporting by Emily Chow; Editing by Christopher Cushing)

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