News

Stronger RMB supports bauxite prices

Views: 519 times Updated :2024-10-14

The Chinese currency’s value has been rising against the US dollar since early August, which has eroded Chinese bauxite producers’ profit margins, and many are raising their offers in early September as a counter-measure. This has lifted bauxite spot prices in China while anti-pollution checks continued to cap output.

Appreciating Chinese renminbi (Rmb) against the US dollar have further supported the bauxite prices in early September amid unrelenting output disruptions and supply uncertainty over the past month.

If you interested in purchasing calcined bauxite, please feel free to contact us. And we sill supply best price and quality to you.

手机二维码
[email protected]
0086-13903837126