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China's aluminium imports in June fell as overseas prices increased and curbed flow

Imports of aluminium, both unwrought and fabricated, fell?17.4% from June 2012 to June 2013, according to?customs figures released on Saturday. This was due to an unfavorable import arbitrage.

According to the General Administration of Customs, volume?dropped?to 250,000 metric tons. Imports in the first half 2026 totaled 1.88 million tonnes, down 5.1% compared to a year ago.

This data includes both primary metals and alloyed, unwrought aluminium.

Import arbitrage was unfavorable, making overseas aluminium costlier than locally produced metal. Traders said that the London Metal Exchange's higher prices and physical premiums increased losses for Chinese importers in the second quarter.

Early in June, the benchmark three-month aluminum on the LME reached a four-year-high of $3 724 per ton due to Middle East?supply?concerns. It then ended the month with a drop of almost 16%.

Rusal had been trying to divert some cargoes out of China and onto markets in Japan and Asia, where the buyers paid higher prices.

Japan aluminium buyers have agreed to pay an?upgrade' of $395 per ton to the benchmark price, up 13% from the $350 increase in the second quarter.

In June, the exports of?China?s unwrought aluminum and products reached a new record.

Imports of Bauxite (a major?raw material used in aluminium) rose 12.6% on an annual basis to?20.32 millions tons in June. Imports for the first half of 2026 reached 120.93 millions tons, an increase of 17.4% year-on-year.

Data from the National Bureau of Statistics revealed that China produced 3,98 million?tons of aluminum in June. This was a 4.7% increase from a previous year. (Reporting and editing by Dylan Duan; Amy Lv, Lewis Jackson, and Muralikumar Anantharaman).

(source: Reuters)