Chinese bauxite prices continue climb amid production shutdowns
Published: Friday, 02 June 2017
China production shutdowns in May has pushed calcined bauxite spot prices higher again over the past two weeks, with many struggling to find supply amid extreme shortage. The supply outlook in the near-term remained uncertain with no indications from Beijing as to when the environmental controls will be lifted.
Refractory-grade bauxite prices continued to climb this week
as buyers scrambled for material amid a severe supply shortage
following production shutdowns in China since May.
Mining operations in major bauxite-producing regions Shanxi
and Guizhou were mostly suspended in May as the central
government ramped up anti-pollution...