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China's bauxite prices continue to rise

Views: 61 times Updated :2017-10-10

With China shut for the golden week holiday between 1-8 October, business across many industrial minerals remained very quiet. 


But environmental restrictions in the country continue to disrupt production in many minerals.  With the draconian anti-pollution measures and related shutdowns showing no sign of abating, bauxite producing region in Henan province have enforced mass shutdowns from November onwards; and a number of buyers are also anticipating higher raw material costs in 2018.


Spot prices of refractory grade bauxite sold in the European market have seen a sharp rise over the past week following rapid appreciation in China and higher demand from consumers.


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