Bauxite Prices Seen Consolidating at Highs
The SMM Imported Bauxite Index edged up $0.13 to $70.11/mt on July 3. Domestic ore prices in China fell from earlier levels as alumina refineries pressed for lower costs. However, supply uncertainties from Guinea's quota policy and the rainy season are supporting ore prices, with bauxite expected to consolidate at high levels in the near term.










































