Why Tight Bauxite Supply in Shanxi Fails to Greatly Lift Bauxite Prices? SMM Reports

SHANGHAI, Aug. 21 (SMM) – Despite tight bauxite supply in Shanxi, local market prices rose only slightly recently. 

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In fact, one large local alumina producer grants additional 30 yuan/tonne above market prices to those bauxite suppliers who could guarantee over 30,000 tonnes of supply per month. 

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