SMM Weekly Review: Alumina Supply and Demand Decline, with Diverse Ore Prices

[SMM Weekly Review: Alumina Supply and Demand Both Decline, Short-Term Spot Alumina Prices May Fluctuate]

Domestic ore side, as of today, Shanxi bauxite with an Al/Si ratio of 5.0 and 60% alumina content had a self pick-up transaction price at crushing plants excluding VAT of approximately 620-660 yuan/mt; Henan bauxite with an Al/Si ratio of 5.0 and 60% alumina content had a self pick-up transaction price at crushing plants excluding VAT of around 560-600 yuan/mt; Guizhou bauxite with an Al/Si ratio of 5.5 and 58% alumina content had a self pick-up transaction price at crushing plants excluding VAT of 510-550 yuan/mt; Guangxi bauxite with an Al/Si ratio of 6.0 and 53% alumina content had a self pick-up transaction price at crushing plants excluding VAT of 320-335 yuan/mt.