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...
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
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The domestic bauxite market remained stable this week. As of today, the transaction price for bauxite with an Al/Si ratio of 5.0 and alumina content of 60 per cent in Shanxi, excluding VAT and for self-pick-up at crushing plants, was around RMB 600-640 per tonne. In Henan, the transaction price for...
March has ushered in a striking divergence in the global bauxite landscape — North America and Asia are grappling with bloated inventories and cooling offtake. Au contraire, Europe, led by Germany, is scrambling to source feedstock amid a sudden uptick in industrial appetite. ChemAnalyst’s latest...
Guinea, the West African nation and the world's largest producer of bauxite, will implement its own Guinea Bauxite Price Index as its official price, which is planned to be implemented by the end of 2025. This initiative aims to curb low transfer pricing practices that have historically stripped...
Futures market: In the night session, the most-traded alumina 2505 contract opened at RMB 3,035 per tonne, with a high of RMB 3,037 per tonne, a low of RMB 2,992 per tonne, and closed at RMB 2,997 per tonne, down RMB 38 per tonne, a decrease of 1.25 per cent, with an open interest of 205,000 lots....
Domestic Bauxite: This week, the domestic bauxite market remained stable. According to SMM, as spot alumina prices further declined, alumina refineries may once again lower the purchase price of domestic bauxite for next month. As of today, the VAT-excluded self-pick-up transaction price for...
The depletion of China's bauxite production quality and Indonesia's export ban to prioritise its domestic processing resulted in an increasing dependence on Guinea's supply. Source: Orbitshub The rally in demand for capesize bulk carriers is expected to persist for at least another six weeks,...
Futures Market: Overnight, the most-traded SHFE aluminium 2505 contract opened at 20,715 per tonne, reached a high of RMB 20,720 per tonne, a low of RMB 20,630 per tonne, and closed at RMB 20,650 per tonne, down RMB 65 per tonne or 0.31per cent. Yesterday, LME aluminum opened at USD 2,690 per tonne...
Futures Market: In the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,110 per tonne, reached a high of RMB 3,125 per tonne, a low of RMB 3,103 per tonne, and closed at RMB 3,119 per tonne, up 0.29 per cent. Open interest stood at 217,000 lots, an increase of 398...
Futures Market: During the night session, the most-traded alumina 2505 futures contract opened at RMB 3,180 per tonne, with a high of RMB 3,184 per tonne and a low of RMB 3,142 per tonne, closing at RMB 3,152 per tonne, down RMB 17 per tonne or 0.55 per cent. Open interest stood at 214,000 lots....
Futures Market: During the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,195 per tonne, reached a high of RMB 3,206 per tonne, a low of RMB 3,181 per tonne, and closed at RMB 3,197 per tonne, down RMB 8 per tonne or 0.24 per cent, with an open interest of 201,000...
According to data from March 7, the weekly total bauxite port arrivals at Chinese ports reached 3.889 million tonnes, a decrease of 681,400 tonnes compared to the previous week. The weekly total bauxite port departures from Guinea's main ports were 3.2182 million tonnes, down by 898,500 tonnes from...
This week has been highly eventful for the upstream aluminium industry, both for the bauxite and the primary aluminium sector. To begin with, Guinean Prime Minister Amadou Oury Bah announced that the country will restore constitutional rule in 2025, according to global media reports. He added that...
This week, the domestic bauxite market mainly remained stable. As of Thursday, the transaction price for bauxite with an Al/Si ratio of 5.0 and alumina content of 60 per cent in Shanxi, excluding VAT, for self-pick-up at crushing plants, was approximately RMB 640-670 per tonne. In Henan, the...
Futures market: During the night session, the most-traded alumina 2505 contract opened at RMb 3,429 per tonne, reached a high of RMB 3,429 per tonne, a low of RMB 3,383 per tonne, and closed at RMB 3,401 per tonne, down 0.82 per cent. Open interest stood at 167,000 lots, an increase of 4,173 lots....
This week, the domestic bauxite market mainly operated steadily. As of today, the self-pick-up transaction price at crushing plants for bauxite in Shanxi with an Al/Si ratio of 5.0 and alumina content of 60 per cent, excluding VAT, was approximately RMB 640-670 per tonne; in Henan, the price for...
From December 11 to 16, 2024, the SMM alumina index price reached a nearly two-year high at RMB 5,769 per tonne. Subsequently, spot alumina transaction prices began to decline. As of February 14, 2025, the SMM alumina index price had dropped to RMB 3,356 per tonne, a cumulative decrease of RMB...
This week, domestic bauxite prices dropped back slightly, mainly due to a significant decline in alumina prices. Spot alumina transaction prices in northern regions approached the theoretical marginal cost of alumina production, putting pressure on ore prices. Northern domestic bauxite prices were...
Recently, no new transaction prices have been observed for imported bauxite from Guinea, as buyers and sellers remain in a standoff. However, both supplier quotations and the intended prices from bauxite buyers have shown a decline, suggesting that the price of imported bauxite from Guinea may...
