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Bauxite & alumina prices stable

February 13, 2009 - 00:00 GMT

KEYWORDS: bauxite , alumina , refractory , refractories , China , traders

Despite lower refractory demand, traders say prices supported by niche applications

Some traders questioned are even pinning hopes in an uptick in prices over the next quarter. At present, most commonly traded grades of refractory bauxite stand in a range of $500-530/tonne.

Confounding expectations of a sharp price decline, industry participants have told IM that there is a severe shortage of good quality raw calcined bauxite available at Chinese ports, and that prices may even head upwards over the coming months. Outside China, stocks are also...

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