Stronger RMB supports bauxite prices
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.
The prev one: processing of bauxite
The next one: Henan to suspend bauxite mine development under 300 KTPY
24-HOUR SERVICE, SPECIALLY FOR YOU
Email: info@sinocean.ltd
Tel: +86-371-55970121
Fax:+86-+86-371-66684099