Fused alumina, bauxite spot prices rise
By Yoke Wong
Published: Friday, 14 October 2016
Chinese-origin fused alumina and bauxite spot prices gained as raw material and transportation costs rise. While many buyers are reluctant to accept the increase, some producers warned that the uptrend could continue amid supply tightness.
Chinese suppliers have raised offers for refractory-grade
bauxite and fused alumina in the spot market as raw material
and transportation costs jumped following
Beijing’s move to cut truckload volume.
The Chinese ministry of transportation cut the maximum
truckload volume for four-axle trucks to 31 tonnes, down from
40 tonnes...