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Contentious Views on Imported Bauxite Prices Muted Spot Trading_SMM

Spot trading of imported ore was subdued. Large-scale alumina plants using imported bauxite in the coastal areas of China basically locked in quarterly or annual contracts at the end of last year, and their existing bauxite inventories can sustain production for 3-6 months. This has kept those plants from purchasing spot cargoes.

Alumina Prices Have Stabilised for Now, but Will Remain in A Downward Trajectory in the Long Run_SMM

SHANGHAI, Jun 27 (SMM) – As of last Friday, the SMM weighted alumina index stood at 2,957 yuan/mt, flat from a week ago.

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