China's calcined bauxite market warming

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With most buyers looking to restock and bauxite supplies tight, most producers have seen a pick-up in demand in the past two weeks.

The mainstream price of calcined bauxite in China is the same as at the beginning of this week.Most buyers plan to keep prices unchanged to maintain sales, so industry insiders predict that mainstream prices for calcined bauxite in China will remain unchanged over the coming week.“As most of our buyers have started to restock for the upcoming second quarter, our sales in the past two weeks have increased by nearly 30 per cent compared with the previous two weeks,” said a manufacturer in Guizhou。In order to maintain sales, they tend to keep prices unchanged and expect the mainstream price of calcined bauxite to remain stable in the coming week.With an annual capacity of 140,000 tonnes, producers forecast April production of about 3,000 tonnes, unchanged from the previous month. They currently hold nearly 1,200 tons in stock.“We sold about 1,200 tonnes in the last two weeks, compared with 600 tonnes in the first half of March as most buyers started placing orders for the second quarter,” said another Xiaoyi producer.Despite the improvement in market demand, they intend to keep prices unchanged to stabilize sales, and expect mainstream Chinese calcined bauxite prices to remain stable in the coming week. The company, which has an annual production capacity of 30,000 tons, expects to produce about 2,000 tons in April, the same as last month. At present they have about 1,000 tons in stock.


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