What happens when the world’s biggest bauxite supplier produces too much of the one commodity it dominates? Guinea’s bauxite market is offering a striking answer. Record exports have strengthened its position in global trade, but the surge in supply has also pushed prices lower. Australia,...
Imported bauxite prices in China moved slightly higher last week amid improved activity in the spot market. No trend-level shift emerged on the supply-demand side. Although rainy-season disruptions and elevated freight rates continued to weigh on Guinea's export volumes, the country's weekly...
Grow with
AL Circle
As updated by Shanghai Metals Market, the average Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stands at RMB 415 per tonne on Tuesday, 31 March 2020, down RMB 35 per tonne or 7.78 per cent, after remaining flat at RMB 450 per tonne since March 10. The average price is expected to move within a range of...
Dr Peter Phillips, President of the People’s National Party of Jamaica, has called on Governor-General, Sir Patrick Allen, to declare a national day of prayer as Jamaica battles the Corona-Virus. During the budget session in parliament on 17 th March’20, Phillips made the call after briefing a raft...
The Bauxite import of the South American country Argentina has slowed down during 2017-2019. The projection for 2020 also shows a dip of 8.73%. The total bauxite import of Argentina from 2017-19 stood at 408,789 tonnes and when projected for the year 2020, the Y-o-Y shows a dip. The total import...
After a sharp decline of RMB 240 per tonne last day, the price of A00 aluminium ingot in China has remained restrained today, on March 10, at RMB 12,830 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 12,810 per tonne and RMB 12,850 per tonne, with spot...
A00 aluminium ingot price started the week with a decline of RMB 130 per tonne on Monday, January 13. The price continued to perform lower at RMB 14300 per tonne and RMB 14200 per tonne on January 14 and January 15. But the week ended higher at RMB14550 per tonne on Friday, January 17, up RMB 240...
After three consecutive declines ranging between RMB 14,560 per tonne and RMB 14,450 per tonne on January 3, 6, and 7, the average A00 aluminium ingot price has recorded a marginal rise of RMB 10 today, on January 8, to stand at 14,460 per tonne. The average prices are expected to range between RMB...
The average spot alumina price stands at RMB 2437 per tonne on Tuesday, 31 December 2019, up RMB 6 per tonne or 0.25 per cent from RMB 2431 per tonne on December 30. The average price of Alumina-North has increased by RMB 15 per tonne to stand at RMB 2450 per tonne. Source: Shanghai Metals Market...
The year 2019 saw an increase in bauxite production all over the globe, bolstered by expansions in mining and also some of the new projects such as EGA’s first bauxite project in Guinea, Rio Tinto’s commissioning of Amrun bauxite mine, and the beginning of mining and screening operations at...
A00 aluminium ingot price continued to edge higher by RMB 10 per tonne or 0.07 per cent to stand at RMB 14130 per tonne on Thursday, 05 December 2019, from its previous price of RMB 14120 per tonne on December 4. This marked the sixth consecutive hike in aluminium price. The price is expected to...
According to the global export-import data, France’s bauxite import from Guinea is likely to rise this year after a drop in 2018. The data shows the estimated volume of import in 2019 may come in at 1.09 million tonnes, compared with 1 million tonnes in 2018. This means France’s bauxite import from...
Back on the continued decline in social inventories of primary aluminium, the price of A00 aluminium ingot has extended its rise today, September 24, by RMB 10 per tonne to stand at RMB 14,320 per tonne, found Shanghai Metals Market. This marks the third consecutive growth in the aluminium ingot...
The price of A00 aluminium ingot witnessed an upward movement, except Monday, over the week. Ingot price started the week with a decline of RMB 30 per tonne from September 6 to RMB 14390 per tonne on Monday, September 9. A00 aluminium ingot price ended RMB 80 per tonne higher at RMB 14550 per tonne...
The average Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stood at RMB 440 per tonne on Monday, down RMB 10 per tonne or 2.22 per cent, after remaining flat since July 31 at RMB 450 per tonne. The average price is expected to stay within a range of RMB 390-RMB 490 per tonne. The price of bauxite remains...
According to a recent report, the Jamaica government is in talks with stakeholders in the vital bauxite industry over falling prices of bauxite/alumina globally. The news came after Mining Minister Robert Montague officially reported about this. He said meetings have already been held with...
As the week has come to an end, let us once recapitulate how the aluminium market in China rolled over the entire week. Beginning from bauxite, the price of the Bauxite (6.0≤Al/Si＜7.0)Shanxi recorded a growth of RMB 20 per tonne to RMB 560 per tonne on July 31, according to Shanghai Metals Market....
After remaining muted for about three months at RMB 540 per tonne, the average price of Bauxite (6.0≤Al/Si＜7.0)Shanxi has recorded a growth of RMB 20 per tonne to RMB 560 per tonne, as of July 31, learned Shanghai Metals Market. This is the third change in Bauxite (6.0≤Al/Si＜7.0)Shanxi price this...
According to Shanghai Metals Market, the prices of Bauxite (6.0≤Al/Si＜7.0)Henan and Bauxite (4.5≤Al/Si＜5.5)Henan have recorded a hike by RMB 20 per tonne each to stand at RMB 550 per tonne and RMB 440 per tonne on June 5. Earlier, the prices of Bauxite (6.0≤Al/Si＜7.0)Henan and Bauxite...
The average Bauxite (6.0≤Al/Si ＜7.0) price in Henan increased from RMB 500 per tonne to RMB 530 per tonne on Monday, 27 May 2019. This records a growth of RMB 30 per tonne or 6 per cent. The average price is expected to stay within a range of RMB 510-RMB 550 per tonne. The average Bauxite...
