news Dry bulk Markets & tradeCargo risk Hellenic Shipping News
China drives increased bauxite flows, but Guinea’s cutback could drag on growth in Dry Bulk Market , International Shipping News 21/05/2026 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 see higher bauxite arrivals, rising 24% y/y in April. Flows of bauxite in April 2026 continued to be shaped by the blockade of the Strait of Hormuz. The most affected countries have been the UAE, typically the second-largest recipient of seaborne bauxite shipments on Signal Ocean, and India. According to Signal Ocean, there were no bauxite shipments departing in March for the UAE. This changed in April, with Signal Ocean recording 126kt heading for the UAE, over 71% less than the same period a year earlier. The UAE typically sits as the second largest receiver of seaborne bauxite tonnage, accounting for around 3% of global flows, but in April 2026, it fell to only 0.6% of global flows. India continues to benefit from the disruption of bauxite flows to the UAE. For Q1 2026, India received 2.5mt of bauxite, up 285% from Q1 2025, and in April, the country received 781kt, 24% more than the same month last year. This has translated into strong alumina production and subsequent export increases of over 66% from January to the end of April 2026. Elsewhere, the largest importer of bauxite, China, also saw bauxite imports grow through April, reaching 23mt, up 24% y/y. The outlook for bauxite remains positive, given expectations of aluminium demand growth of close to 2% in 2026. There are some potential headwinds, however, with bauxite demand in the Arabian Gulf affected by the Strait of Hormuz blockade and Guinea’s move to cut export volumes to boost prices. The cut in Guinea export volumes was introduced in April but has, to date, done little to s
China drives increased bauxite flows, but Guinea’s cutback could drag on growth
Hellenic Shipping News
Read full article at Hellenic Shipping News →
Opens Hellenic Shipping News in a new tab