[Alumina Refineries' Acceptance of High-Priced Bauxite Increases, Guinea Bauxite CIF Prices Rise to 100 Yuan] SMM, December 26:
SMM Comments: Significant profits in alumina production have stimulated the operating enthusiasm of alumina refineries. In the short term, the demand for bauxite raw materials from alumina production and new alumina projects is expected to remain high. Domestically, bauxite supply is expected to remain stable, while imported bauxite supply is projected to increase compared to September-November. However, it is still unlikely to fully meet demand. The spot market for bauxite is expected to remain in undersupply, and bauxite prices are likely to continue to fluctuate upward.
