Australian Bauxite Exports Fall, Guinea's Rebound in Weekly Port Departures

According to the official website of Qiya Group, on May 30, Qiya Guizhou Group's fine alumina project reached a historic milestone — the first-phase 200,000 mt/year production line was officially put into operation. The project is expected to have a total capacity of 800,000 mt/year and is expected to be fully completed by 2027. At that time, it will fill the regional market gaps in major demand areas such as the Pearl River Delta, the Yangtze River Delta, and Hunan, driving over 460 types of fine alumina products and covering more than 2,000 industries, ushering in an industrial transformation from "ore" to "high-end precision."

Overall market trading activity was sluggish. At month-end, the market maintained a steady posture, watching for the outcome of the new round of aluminum fluoride tender prices. However, as the raw material side showed signs of easing, prices are expected to be slightly under pressure next month. Going forward, close attention should continue to be paid to dynamic changes on the raw material cost side, as well as marginal adjustments in the procurement pace of downstream aluminum enterprises.