China drives increased bauxite flows, but Guinea’s cutback could drag on growth
AI Summary
China has driven a 24% year-over-year increase in global bauxite flows, with a 26% rise in shipments to China. However, Guinea’s bauxite production cutbacks might slow this growth. India is emerging as a key destination for bauxite amid rising risks in the Arabian Gulf.
India has emerged as a key destination for bauxite as risks in the Arabian Gulf rise. Global bauxite flows increased by 24% y/y in April. Flows to China increased by 26% y/y. Flows to the UAE appear to have returned in April, but are 72% lower than the same period last year. India continues to ...