Calcined Bauxite Market Report October 2013

In October, the calcined bauxite market still ran slowly, and the mainstream price was stable at RMB1,550-1,650/t (USD254-271/t) ex works VAT excluded for calcined bauxite 85%min 0-1mm,1-3mm and 3-5mm (down-draft kiln) after an increase in late September.Asian Metal Copyright In late October, export market became a little active as most European and American buyers placed more orders for the upcoming Christmas, and producers were busy with production.Asian Metal Copyright However, the export price of calcined bauxite saw no changes due to the weak demand from foreign market, and the increasing trading activities through tax evasion methods also made the export price hard to increase.Asian Metal Copyright However, most foreign buyers replenished adequate stocks in August, so the order quantities just increased in a proper degree.Asian Metal Copyright In late October, export market became a little active as most European and American buyers placed more orders for the upcoming Christmas, and producers were busy with production.Asian Metal CopyrightIn October, the calcined bauxite market still ran slowly, and the mainstream price was stable at RMB1,550-1,650t USD254-271t ex works VAT excluded for calcined bauxite 85%min 0-1mm,1-3mm and 3-5mm down-draft kiln after an increase in late September.Asian Metal Copyright However, most foreign buyers replenished adequate stocks in August, so the order quantities just increased in a proper degree.Asian Metal Copyright However, the export price of calcined bauxite saw no changes due to the weak demand from foreign market, and the increasing trading activities through tax evasion methods also made the export price hard to increase.Asian Metal Copyright