Calcined Bauxite Market Report January 2013

New policy from Ministry of Commerce of the People’s Republic of China came out on 31th Dec, and it stated that all traders with export right could export calcined bauxite to foreign countries in 2013. Accordingly, some producers began to give offers at the beginning of January, which was lowered by around USD30/t than before, but some still hold their price for the high quality calcined bauxite in view of high price of bauxite ore.Asian Metal Copyright The shaft kiln was also banned to operate due to some bauxite exploitation accidents in the second half of January, and the price of shaft kiln bauxite price went up slightly.Asian Metal Copyright Foreign consumes began to place orders, but the export market was still weak due to the sluggish demand.Asian Metal Copyright Foreign consumes began to place orders, but the export market was still weak due to the sluggish demand.Asian Metal Copyright Calcined bauxite domestic market still ran slowly with steady price, and the price of bauxite was still high with tight demand.Asian Metal CopyrightNew policy from Ministry of Commerce of the People’s Republic of China came out on 31th Dec, and it stated that all traders with export right could export calcined bauxite to foreign countries in 2013.Asian Metal Copyright The shaft kiln was also banned to operate due to some bauxite exploitation accidents in the second half of January, and the price of shaft kiln bauxite price went up slightly.Asian Metal Copyright Accordingly, some producers began to give offers at the beginning of January, which was lowered by around USD30t than before, but some still hold their price for the high quality calcined bauxite in view of high price of bauxite ore.Asian Metal Copyright