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...
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Bauxite import by Ukraine has been recording a steady growth year over year since 2016. According to our third-party data, Ukraine had imported an estimated amount of 3.2 million tonnes in the said year, which in 2017 had risen to 4.8 million tonnes. Therefore, in 2017, Ukraine’s bauxite import had...
According to Shanghai Metals Market, the price of Bauxite(6.0≤Al/Si＜7.0)Shanxi has recorded a fall today, April 30, by RMB 10 per tonne to stand at RMB 540 per tonne. January 1, 2019, was the last time when Bauxite(6.0≤Al/Si＜7.0)Shanxi price had recorded a fall from RMB 570 per tonne to RMB 550 per...
The average Bauxite (4.5≤Al/Si＜5.5) price in Henan stood at RMB430 per tonne on Monday, 15 April 2019, down RMB10 per tonne from RMB440 per tonne. The average price is expected to range between RMB390-470 per tonne. Prices of bauxite remain unchanged in all the three major China markets (Shanxi,...
Shanghai Metals Market survey found a drop of 7,000 tonnes in China’s daily average output of alumina for the month of March. Thus, from 201,000 tonnes, China daily average alumina output in March came in at 194,000 tonnes. Tight bauxite supplies, high costs, maintenance, and equipment upgrading...
A00 aluminium ingot price increased further to RMB13770 per tonne on Wednesday, 03 April 2019, registering a growth of RMB10 per tonne or 0.07 per cent from yesterday. The average price is expected to range between RMB13750-13790 per tonne, with spot premium to settle at RMB10-30 per tonne....
The Queensland Parliament has reaffirmed a royalty decision on bauxite in the parliament. But the Queensland Resources Council (QRC) has raised concerns over thelegislation to amend the royalty rates on bauxite exports. The Parliament maintained the existing minimum royalty rate on bauxite for...
The average Bauxite (6.0≤Al/Si＜7.0) price in Henan dropped RMB20 per tonne to stand at RMB530 per tonne on Monday, 25 March 2019. The average price is expected to range between RMB510-550 per tonne, as updated by Shanghai Metals Market. The average Bauxite (4.5≤Al/Si＜5.5) price stood at RMB440 per...
As on February 25 2019, as reported by Shanghai Metals Market; average Bauxite (6.5≤Al/Si＜7.5) price in Guangxi dropped RMB 30 per tonne to RMB 270 per tonne. The average price is expected to stay within a range of RMB 220-RMB 320 per tonne. The average Bauxite (5.5≤Al/Si＜6.5) price also declined...
As most downstream consumers returned from CNY break and took active participation in trading in the spot aluminium market yesterday, the A00 aluminium ingot price once again extends its growth by RMB 80 per tonne to RMB 13,510 per tonne, found Shanghai Metals Market. This marks the third...
The Shanghai Metals Market opened today after almost a week-long Chinese New Year Holiday from February 4 to February 10 with a drop in A00 aluminium ingot price. Registering a dip by RMB 30 per tonne, the ingot price today, on February 11, stood at RMB 13,270 per tonne, according to the data found...
After almost two months, the spot price of bauxite recorded a change on January 28, according to Shanghai Metals Market. The bauxite price dipped by RMB 20 per tonne and stood at RMB 550 per tonne. Prior to this, the aluminium ore price was at RMB 570 per tonne from December 3, 2018, to January 27,...
According to Shanghai Metals Market, the A00 aluminium ingot price has extended its drop today, on January 3, to RMB 13,270 per tonne from RMB 13,310 per tonne, as of January 2. Since the reopening of the market in the New Year 2019, the Chinese A00 aluminium ingot price has recorded a plunge for...
The bauxite market in the year 2018 had been found following a steady pace. There were some developments and expansions on existing mines, while some notable deals and new projects crossed the path across the world. The price in the China market also displayed steadfast growth throughout the year,...
According to Shanghai Metals Market, prices of bauxite remained high as of Tuesday, December 25, buoyed by winter stockpiling across alumina producers amidst growing bauxite supplies after the output resumption at some miners in Shanxi and Henan. As of December 25, bauxite with alumina/silica ratio...
Freight rates to carry a 59,000 tonnes bauxite cargo from Kamsar, Guinea to San Ciprian, Spain on a Panamax-size vessel recorded a plunge to a 21-week low of US$ 10 per tonne amidst over-tonnage in the West African region, as reported on November 29. According to S&P Global Platts data, the freight...
Bauxite prices in China’s major market slid by RMB 10 per tonne on Monday, November 5 after remaining unchanged for a week, Shanghai Metals Market data showed. Bauxite (6.0≤Al/Si＜7.0) Shanxi price is ranging at RMB 560-600 per tonne, Bauxite (4.5≤Al/Si＜5.5) Shanxi is within RMB 470-510 per tonne,...
According to the latest update from Shanghai Metals Market, the A00 aluminium ingot price again sees a rise today, on October 24, after a slight drop in the previous day. Today, the ingot price is hovering at RMB 14190 per tonne in contrast to RMB 14110 per tonne yesterday. Hence, this marks a...
Croatia’s import of bauxite from the global market is estimated to drop 3.46 per cent year on year in 2018. Turkey continued to remain the top bauxite supplier to Croatia throughout 2017.According to recent statistics, bauxite import by the country from Turkey stood at 43620 tonnes in 2017, up 17...
