| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Bauxite | China | CIF | USD 64.00/DMT | August 2026 |
| Bauxite | India | FOB | USD 73.00/DMT | August 2026 |
| Bauxite | Guinea | FOB | USD 40.10/DMT | August 2026 |
| Bauxite | USA | FOB | USD 35.20/DMT | August 2026 |
| Bauxite | Australia | CIF | USD 67.00/DMT | August 2026 |
| Bauxite | China | CIF | USD 62.50/DMT | July 2026 |
| Bauxite | India | FOB | USD 71.20/DMT | July 2026 |
| Bauxite | Guinea | FOB | USD 39.90/DMT | July 2026 |
| Bauxite | USA | FOB | USD 34.20/DMT | July 2026 |
| Bauxite | Australia | CIF | USD 66.30/DMT | July 2026 |
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Asia
In China, average bauxite prices were ~USD 62.50/DMT in July and ~USD 64.00/DMT in August (CIF), showing a ~2.4% increase during the first two months of Q3’26. Indian prices also moved up, from about USD 71/DMT in July to about USD 73/DMT in August (FOB), a gain of nearly 2.5%. Chinese import costs rose mainly because freight from Guinea climbed as Middle East tensions grew, and freight made up around 49.65% of the delivered price in July. Guinean shipments dropped in July because of high freight and few available vessels. Shipments then recovered in August and September because the rainy season was mild. Supply to China stayed large overall, with 99 Mt of Guinean bauxite imported in H1 2026. High refinery stocks kept Chinese buyers cautious and capped prices. Uncertainty over Guinea's export quota policy gave prices some support through the quarter.
Europe
Guinea is the main ore supplier to Europe's largest alumina refinery. Its average prices were around USD 39.90/DMT in July and USD 40.10/DMT in August (FOB), marginally higher. European bauxite demand depends on alumina refining, which stayed weak. Alumina output in Europe fell 1.8% in H1 2026 due to energy and logistics problems linked to the Middle East, though it recovered by June. High energy costs still kept some refineries running at reduced rates. The latest EU sanctions package left alumina off the restricted list, which removed a supply risk. Most supply runs under long-term contracts, so prices moved very little.
North America
In the USA, bauxite averaged approximately USD 34.20/DMT in July and USD 35.20/DMT in August (FOB), up ~2.9%. US imports mainly from Jamaica witnessed a rise during the previous quarter, and during the current quarter regional bauxite output fell, which pushed buyers to import more. Most US bauxite is bought on long-term contracts, so prices followed global freight and supply trends slowly. New US government funding to expand bauxite output in Guyana shows a push for more secure supply in the Americas.
Analyst Insight
According to Procurement Resource, Bauxite prices are likely to stay steady to slightly firm, supported by high freight and Guinea policy risk. High refinery stocks should limit any big rise.
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Asia
In the second quarter of 2026, the average bauxite price in China went from ~RMB 0.40/kg in April to ~RMB 0.41/kg in the subsequent month, showing an increase of ~2.4%. Prices moved slightly higher due to stable alumina refinery operations running at elevated utilization levels, sustaining import requirements. China continued to rely heavily on Guinea and Australia for supply, which together account for more than 60% of its bauxite imports Limited output flexibility in exporting regions kept import availability tight despite stable domestic demand. Meanwhile, the average bauxite price for India ~INR 6.45/kg in April and around ~INR 6.50/kg in the subsequent month, showing an increase of ~0.8%.
Europe
In Europe, minimal fluctuations in the bauxite prices were witnessed because of the stable levels of refinery production. The region remained structurally dependent on imports, with about 80% of bauxite coming from Guinea, Brazil and Australia. Weak demand from automotive and construction industry hampered downstream aluminium market growth; however, import diversification was still under way due to the structural vulnerability to shipping disturbances on the Atlantic shipping lanes.
North America
In Q2’26, the average price was around ~USD 32.00/DMT in April, and the following month was approximately USD 32.32/DMT, representing the increase by around 1.0%. Bauxite prices increased thanks to the stable alumina refinery production and stable bauxite imports from Jamaica, Brazil and Guinea.
Bauxite is a sedimentary rock composed primarily of aluminum oxide minerals, like gibbsite, boehmite, and diaspore, along with various impurities. It is the primary source of aluminum metal and extensively mined worldwide. Through the Bayer process, bauxite is refined to extract alumina, which is then smelted to produce aluminum.
This lightweight and corrosion-resistant metal finds numerous applications in industries such as aerospace, transportation, construction, and packaging. Bauxite is also used to manufacture refractories, abrasives, and chemicals. Despite its industrial significance, bauxite mining and processing can have environmental challenges, requiring sustainable practices to mitigate impacts.
Al2O3·2H2O
Aluminium production, Refining, Refractories, Cement, Abrasives
Alcoa Corporation, Aluminium Corporation of China Limited, Norsk Hydro ASA, NALCO India, Hindalco Industries Ltd, Emirates Global Aluminium PJSC
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The ore is first washed and then crushed into smaller parts. These particles are then mixed with used liquor to create a slurry that is simple to pump. Desilication, which takes the silica out of the content, follows the procedure. After that, the mineral mixture is added to a tank containing caustic soda, which will react with the mixture to produce sodium aluminate and other materials.
Alumina would then precipitate on the solution as the final product is allowed to age. The alumina is next cleaned, refined, and calcined to remove any remaining impurities before being sent for smelting to produce aluminum metal.
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