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SHANGHAI, Jun 20 (SMM) - As of June 17, bauxite in north Shanxi with Al/Si ratio of 5 and alumina content of 58%, traded between 425-450 yuan/mt (including VAT, excluding resource tax, delivery to factory), and 435-475 yuan/mt in Shanxi’s Xiaoyi.
The supply of bauxite mines has been tightened since last year and was in serious shortage this month, affecting the production of some alumina plants.
Following the progress in Russia-Ukraine peace talks, the gold price fell more than 1, the next day, hitting its lowest in a month, and palladium prices briefly tumbled by nearly 9,.We have seen metal prices going into free fall when the Russia-Ukra