For the Quarter Ending March 2026
Bauxite Prices in North America
- In USA, the Bauxite Price Index fell by 4.7% quarter-over-quarter, reflecting increased port inventories and steady vessel arrivals.
- The average Bauxite price for the quarter was approximately USD 67.33/MT, reflecting stable landed costs and ample Gulf inventories.
- Bauxite Spot Price remained muted as Price Index signals continued seller accommodation to higher port stocks and quiet tenders.
- Bauxite Price Forecast indicates modest recoveries later in year, contingent on summer demand and shipping disruptions.
- Bauxite Production Cost Trend showed limited change as origin production costs eased while freight and insurance pressures rose.
- Bauxite Demand Outlook remains balanced with refinery pull-through steady despite softer construction and cautious spot purchasing.
- Bauxite Price Index weakness reflected elevated Gulf inventories, steady exports and limited immediate buying interest from refiners.
- Major producer operating rates were normal, supporting supply; slight end-of-quarter restocking may tighten near-term availability.
Why did the price of Bauxite change in March 2026 in North America?
- Increased vessel arrivals lifted port inventories, reducing sellers' leverage and slightly pressuring landed bauxite prices.
- Balanced refinery pull-through and softer construction demand limited spot buying, keeping Price Index largely unchanged.
- Freight and insurance cost pressures from Middle East tensions pose upside risk but did not affect March arrivals.
Bauxite Prices in APAC
- In China, the Bauxite Price Index fell by 4.72% quarter-over-quarter, reflecting abundant seaborne supply and inventories.
- The average Bauxite price for the quarter was approximately USD 67.33/MT amid subdued port inventory management.
- Bauxite Spot Price remained range-bound as port stock builds and smelter demand stayed seasonally muted.
- Bauxite Price Forecast shows upside risk from higher freight and insurance costs due to tensions.
- Bauxite Production Cost Trend showed limited change as freight rates remained soft and yuan strengthened.
- Bauxite Demand Outlook appears tepid with refineries postponing purchases and downstream construction activity still subdued.
- Bauxite Price Index stability reflected balanced arrivals and steady refinery uptake amid negligible freight disruptions.
- Major exporters maintained steady loadings, while Chinese port inventories increased, sustaining buyer leverage and discounts.
Why did the price of Bauxite change in March 2026 in APAC?
- Ample seaborne arrivals and port stocks in March reduced spot purchasing urgency at coastal refineries.
- Geopolitical tensions elevated latent freight and insurance risk, adding marginal landed cost pressure to importers.
- Muted downstream construction demand and Lunar New Year slowdowns tempered purchases despite no shipment disruptions.
Bauxite Prices in Europe
- In Germany, the Bauxite Price Index fell by 5.0% quarter-over-quarter, reflecting seaborne arrivals and demand.
- The average Bauxite price for the quarter was approximately USD 63.33/MT, port-weighted CFR Hamburg deliveries.
- Bauxite Spot Price remained range-bound in March as port inventories and shipments limited upward pressure.
- Bauxite Price Forecast indicates modest seasonal gains in spring, constrained by inventory overhang and maintenance.
- Bauxite Production Cost Trend shows pressure from high German electricity tariffs, increasing landed conversion costs.
- Bauxite Demand Outlook remains subdued as automotive and construction activity fail to boost material intake.
- Elevated port inventories and balanced Atlantic flows kept the Bauxite Price Index anchored without upside.
- Maintenance schedules influenced offtake while major producers remained broadly operational; marine insurance added modest risk.
Why did the price of Bauxite change in March 2026 in Europe?
- Balanced Atlantic shipments and ample port inventories reduced urgency among buyers, keeping downward pressure on spot values.
- Elevated German electricity tariffs increased conversion costs, constraining refinery throughput and limiting bauxite import requirements.
- Higher marine insurance surcharges and freight risks added cost uncertainty, pressuring buyers to defer spot purchasing decisions.
Bauxite Prices in MEA
- In Guinea, the Bauxite Price Index fell by 5.06% quarter-over-quarter, pressured by strong exports abroad.
- The average Bauxite price for the quarter was approximately USD 56.33/MT, supported by steady supply.
- Bauxite Spot Price remained subdued due to ample port inventories and reduced inquiries from China.
- Bauxite Price Forecast suggests modest recovery from seasonal restocking and constrained vessel availability supporting demand.
- Bauxite Production Cost Trend remained stable as diesel and energy inputs held steady, preserving margins.
- Bauxite Demand Outlook reflects cautious Chinese buying, steady UAE intake, deferred Indian enquiries tempering demand.
- Bauxite Price Index stability reflected balanced seaborne flows, high Guinean exports and muted spot interest.
- Ports and inventories remained comfortable while producers maintained shipments, limiting short term volatility in exports.
Why did the price of Bauxite change in March 2026 in MEA?
- Red Sea tensions raised freight premiums, diverting vessels and tightening prompt delivery windows for exporters.
- Abundant Guinean export availability and record shipments reduced bargaining power of sellers, pressuring FOB indices.
- Narrowing Chinese alumina margins prompted buyers to defer spot purchases, softening offtake and price momentum.
Bauxite Prices in South America
- In Brazil, the Bauxite Price Index fell by 6.6% quarter-over-quarter, reflecting softer Chinese seaborne demand.
- The average Bauxite price for the quarter was approximately USD 61.33/MT, reflecting subdued export enquiries.
- Bauxite Spot Price pressured by high port inventories and weak bids, keeping Price Index subdued.
- Bauxite Price Forecast shows modest recovery as seasonal restocking and logistical risks influence forward offers.
- Bauxite Production Cost Trend remained stable due to reliable hydro-electric power, containing diesel haulage expenses.
- Bauxite Demand Outlook is muted as Chinese refiners destock and European smelter runrates remain subdued.
- Bauxite Price Index reflected modest surplus conditions with steady export flows and balanced national inventories.
- Major Brazilian producers maintained near-nameplate operating rates, supporting continuous shipments and limiting upward price pressure.
Why did the price of Bauxite change in March 2026 in South America?
- Steady mine output and uninterrupted port operations kept export availability ample relative to softer demand.
- Hydro-electric stability constrained energy costs while shipping rerouting and insurance increased logistics pressures modestly recently.
- Chinese alumina surplus and weak European smelter runrates depressed spot enquiries, weakening exporters' pricing leverage.
For the Quarter Ending December 2025
Bauxite Price in North America
- In the USA, the Bauxite Price Index rose by 0.95% quarter-over-quarter, reflecting freight-driven cost increases.
- The average Bauxite price for the quarter was approximately USD 70.67/MT, reported CFR Texas basis.
- Bauxite Spot Price eased as higher arrivals increased inventories, pressuring the Bauxite Price Index lower.
- Bauxite Price Forecast indicates modest near-term volatility, with sellers defending levels amid variable freight costs.
- Bauxite Production Cost Trend steady; logistics and delivery expenses further elevated US landed cost pressures.
- Bauxite Demand Outlook remains supported by aluminium fabrication; automotive and packaging orders sustain refinery offtake.
- Bauxite Price Index reflected inventory builds, eased import friction, while European demand competed for cargoes.
- Major exporters kept output stable; port operations normalization and lower freight softened immediate upward pressure.
Why did the price of Bauxite change in December 2025 in North America?
- Seaborne arrivals and improved discharge efficiency raised inventories, further reducing urgent procurement among US refiners.
- Lower Atlantic freight earnings and improved vessel availability reduced delivered costs, easing earlier transportation premiums.
- A refinery maintenance outage trimmed consumption, while stable Guinea and Jamaican output ensured export volumes.
Bauxite Price in APAC
- In China, the Bauxite Price Index fell by 3.2% quarter-over-quarter, reflecting oversupply and weaker alumina demand.
- The average Bauxite price for the quarter was approximately USD 70.67/MT on a CFR Qingdao basis, influencing procurement decisions.
- Bauxite Spot Price eased as port inventories rose and freight normalized, constraining sellers' bargaining power during December.
- Bauxite Price Forecast reflects modest volatility with inventory drawdowns expected post-holiday and selective refinery restocking influencing trajectories.
- Bauxite Production Cost Trend was subdued as softer domestic ore prices and modest freight reductions lowered overall landed costs.
- Bauxite Demand Outlook remains mixed with resilient alumina runs but hand-to-mouth buying and seasonal construction slowdown pressures.
- Bauxite Price Index volatility reflected freight spikes earlier in quarter, then easing as Guinea and Australia cargoes increased.
- Port inventory levels and increased seaborne arrivals capped upside, while major integrated players maintained steady contractual import flows.
Why did the price of Bauxite change in December 2025 in APAC?
- Ample seaborne arrivals from Guinea and Australia increased supply, overwhelming refinery offtake and pressuring December prices.
- Freight normalization and modest yuan appreciation reduced landed costs, diminishing importers' urgency to secure higher-priced cargoes.
- Downstream alumina softness and hand-to-mouth procurement amid holiday preparations curtailed tender activity and price support.
Bauxite Price in Europe
- In Germany, the Bauxite Price Index fell by 3.38% quarter-over-quarter, reflecting weak domestic demand and ample global supply.
- The average Bauxite price for the quarter was approximately USD 66.67/MT, reflecting subdued demand and steady import availability.
- Bauxite Spot Price indications softened in December, mirroring lower seaborne offers and reduced immediate German offtake.
- The Bauxite Price Forecast projects modest near-term recovery as restocking and selective smelter buying lift demand.
- Bauxite Production Cost Trend was influenced by lower freight rates and stable mine output, marginally easing landed costs.
- Bauxite Demand Outlook remains muted due to German construction weakness, while automotive lightweighting provides limited support.
- Bauxite Price Index movement reflected elevated port stocks and softer export enquiries, pressuring negotiations at Hamburg terminals.
- Sellers held firm pricing on select Guinea cargoes, constraining negotiation flexibility despite a softening Price Index.
Why did the price of Bauxite change in December 2025 in Europe?
- High global cargo availability and resilient Guinea loadings pressured German import prices via abundant seaborne supply.
- Weak domestic construction demand and year-end production slowdowns reduced alumina offtake, softening prompt buying interest.
- Lower Atlantic freight demand eased voyage rates, contributing to reduced landed costs and downward price pressure.
Bauxite Price in MEA
- In Guinea, the Bauxite Price Index fell by 4.81% quarter-over-quarter, reflecting weak Chinese demand pressures.
- The average Bauxite price for the quarter was approximately USD 59.33/MT, reflecting subdued demand conditions.
- Bauxite Spot Price softened as the Price Index signalled ample supply and weaker refinery intake.
- Bauxite Price Forecast indicates modest downside near term, with seasonal restocking offering potential later support.
- Bauxite Production Cost Trend remained contained with flat diesel and power costs, limiting cost-push inflation.
- Bauxite Demand Outlook is subdued short-term due to high Chinese port stocks and softer aluminium.
- Bauxite Price Index volatility rose as export availability increased, pressuring offers despite some logistical improvements.
- Inventory growth and higher exportable tonnage compressed seller flexibility, leaving spot differentials tighter for buyers.
Why did the price of Bauxite change in December 2025 in MEA?
- Resumed mine shipments increased export availability, widening the seaborne surplus and pressuring December offers.
- Elevated Chinese port inventories reduced immediate spot uptake, dampening refinery purchases, limiting price support.
- Softer aluminium prices narrowed refinery margins, curbing demand, enabling buyers to negotiate lower FOBs.
Bauxite Price in South America
- In Brazil, the Bauxite Price Index fell by 14.0% quarter-over-quarter, reflecting abundant supply and subdued offshore demand.
- The average Bauxite price for the quarter was approximately USD 65.67/MT, supported by steady mine output and higher stock levels.
- Bauxite Spot Price weakened as global sellers offered discounts, pushing the Brazil Price Index into bearish territory.
- Bauxite Price Forecast signalled further near-term declines driven by excess seaborne availability and subdued refinery intake.
- Bauxite Production Cost Trend remained stable due to reliable hydro-electricity and efficient beneficiation, limiting producer margin pressure.
- Bauxite Demand Outlook stayed weak as Chinese alumina restocking slowed and European buyers deferred fourth-quarter cargo nominations.
- Port inventories and freight dynamics pressured the Bauxite Price Index, incentivising sellers to accept lower export bids.
- Major Brazilian producers maintained high utilisation, increasing export availability and corroborating the negative Bauxite Spot Price momentum.
Why did the price of Bauxite change in December 2025 in South America?
- Steady Brazilian mine output and increased Guinea shipments created oversupply, reducing importers' urgency for new cargoes.
- Elevated power costs in Europe and softer freight competitiveness discouraged spot purchasing from Atlantic-origin bauxite suppliers.
- High portside inventories in China and cautious refineries limited restocking, amplifying downward pressure on export benchmarks.
For the Quarter Ending September 2025
North America
• In the USA, the Bauxite Price Index rose by 9.95% quarter-over-quarter, reflecting import demand tightness.
• The average Bauxite price for the quarter was approximately USD 70.00/MT, CFR Texas reporting and freight-influenced.
• Bauxite Spot Price showed volatility as Guinea disruptions constrained seaborne cargo availability and raised premiums.
• Bauxite Price Forecast signals modest near-term upside as restocking and smoother shipping support tighter market.
• Bauxite Production Cost Trend remains elevated in some origins as extraction and processing pressures persist.
• Bauxite Demand Outlook is muted as aluminum offtake from construction and automotive sectors remains subdued.
• U.S. port inventories and export demand helped shape the Bauxite Price Index, moderating price moves.
• Operational outages in Guinea and permit uncertainty tightened supplies, prompting buyers to pre-book shipments aggressively.
Why did the price of Bauxite change in September 2025 in North America?
• Seaborne supply disruptions from Guinea and operational suspensions reduced available cargoes, tightening physical market balances.
• Declining freight rates eased landed costs, while extraction and processing cost pressures persisted in certain source countries.
• Soft aluminum sector demand reduced offtake despite restocking and renewable project orders supporting selective incremental purchases.
APAC
• In China, the Bauxite Price Index fell by 6.41% quarter-over-quarter, reflecting import-driven inventory accumulation and weak downstream demand.
• The average Bauxite price for the quarter was approximately USD 73.00/MT CFR Qingdao, influenced by elevated port and refinery inventories.
• Tightening Guinea shipments supported the Bauxite Spot Price, lifting the Price Index amid constrained seaborne availability.
• Bauxite Demand Outlook remains mixed as alumina operating rates recover, yet construction weakness limits sustained feedstock consumption.
• Rising freight and alternative ore sourcing elevated the Bauxite Production Cost Trend, compressing refinery margins and procurement flexibility.
• Short-term Bauxite Price Forecast shows potential upside from supply disruptions, tempered by large port inventories and muted demand.
• Exporter behaviour and pre-winter stockpiling supported the Bauxite Price Index, accelerating procurement and shortening lead times.
• Operational disruptions at select Guinea mines tightened cargo availability, pushing premiums and strengthening the Bauxite Spot Price momentum.
Why did the price of Bauxite change in September 2025 in APAC?
• Elevated Chinese port and refinery inventories pressured prices despite intermittent Guinea shipment disruptions, reducing procurement urgency.
• Weakened aluminum production and sluggish construction demand reduced refinery feedstock needs, suppressing bauxite price recovery momentum.
• Higher freight costs and alternative ore sourcing raised procurement costs, offsetting softness and supporting price upticks.
Europe
• In Germany, the Bauxite Price Index fell by 15.85% quarter-over-quarter, reflecting subdued demand and supply.
• The average Bauxite price for the quarter was approximately USD 69.00/MT on CFR Hamburg terms.
• Tightening in supply pushed the Bauxite Spot Price upward, but Q3 Price Index remained negative overall.
• Midterm Bauxite Price Forecast anticipates modest recovery driven by infrastructure projects and restocking into Q4.
• Rising freight and regulatory compliance increased the Bauxite Production Cost Trend, constraining suppliers' margin and flexibility.
• European Bauxite Demand Outlook shows mixed signals as construction weakness offsets aluminium restocking and infrastructure-led gains.
• Port inventories and export appetite moderated the Bauxite Price Index volatility, leaving buyers reluctant to rebuild stocks.
• Operational disruptions in Guinea tightened seaborne supply, supporting higher bids while Australian volumes alleviated shortages.
Why did the price of Bauxite change in September 2025 in Europe?
• Reduced German construction demand and weaker aluminium orders pressured Q3 import requirements, lowering price momentum.
• Global supply disruptions in West Africa reduced available cargoes, prompting competitive purchasing in import markets.
• Stable production costs but higher freight and compliance expenses raised landed costs, influencing pricing discipline.
MEA
• In Guinea, the Bauxite Price Index fell by 8.33% quarter-over-quarter, reflecting regulatory and demand weakness.
• The average Bauxite price for the quarter was approximately USD 62.33/MT, reported by exporters and traders.
• Guinea export volumes remained resilient; Bauxite Spot Price reacted to tightened availability and buyer cover.
• Rising logistics and port congestion influenced the Bauxite Production Cost Trend, pressuring breakevens for producers.
• Bauxite Demand Outlook remains mixed with Chinese restocking offset by weaker downstream alumina refinery margins.
• Short term Bauxite Price Forecast points to firmer bids as precommissioning stockpiling tightens prompt availability.
• High inventories in China weighed on the Bauxite Price Index, while export demand surged for secured tonnage.
• Operational stoppages and licence disputes reduced supply visibility, supporting Bauxite Spot Price strength for cargoes.
Why did the price of Bauxite change in September 2025 in MEA?
• Regulatory actions and licence cancellations disrupted supply immediately, reducing available Guinean export tonnage to buyers.
• Port congestion and logistics delays constrained shipments, elevating freight and tightening short-term physical availability globally.
• Demand shifts in China and India created buying for cargoes, increasing competition and lifting bids.
South America
• In Brazil, the Bauxite Price Index fell by 0.87% quarter-over-quarter, reflecting stronger supply and softer export demand.
• The average Bauxite price for the quarter was approximately USD 76.33/MT, reflecting FOB Santos quarterly weighting and reported export flows.
• Elevated inventories and logistical delays pressured the Bauxite Spot Price, reducing immediate arbitrage opportunities for exporters.
• The Bauxite Price Forecast shows muted near-term upside as ample supply and subdued global demand persist.
• Energy and freight volatility influenced the Bauxite Production Cost Trend, marginally supporting seller price expectations period.
• Chinese and Indian refinery restarts will shape the Bauxite Demand Outlook and near-term import requirements significantly.
• Port congestion intermittently tightened supply chains, amplifying regional premiums visible in the Bauxite Price Index movements.
• Major producer operating rates remained near capacity, supporting contractual shipments despite weaker spot market transactional volumes.
Why did the price of Bauxite change in September 2025 in South America?
• Improved mine output and stable inventories increased available supply, reducing short-term price pressure in September.
• Logistical delays at inland terminals and currency volatility affected export competitiveness and delivered price adjustments.
• Weaker demand from key importers, Chinese refinery restarts delayed, tempered buying and pressured spot pricing.
For the Quarter Ending June 2025
North America
• Bauxite Price Index for North America declined about 3 % in Q2 2025 compared to Q1 2025, reflecting a mild market softening across the region.
• Bauxite Production Cost Trend remained relatively stable, though high logistics expenses under CFR terms and constraints in key producing countries slightly pressured landed cost structures.
• Bauxite Demand Outlook showed resilience: aluminum production maintained steady; automotive and construction sectors recorded moderate growth, supporting steady bauxite consumption despite weaker momentum toward recycled aluminum.
• Bauxite Price Forecast indicates limited upside near term as inventories stayed elevated and import volumes remained ample; however, a potential rebound may occur later in 2025 if demand strengthens or supply disruptions materialize.
• Stock levels by the end of the quarter remained elevated at U.S. ports and alumina refineries, pressuring Bauxite Price Index downward amid sufficient import flows from Jamaica, Turkey, and Brazil.
• In Q2, demand was resilient enough to prevent sharper declines: automotive sales edged up modestly and construction activity expanded, but these were not strong enough to offset supply-side softness.
Why did the Bauxite price change in July 2025 in North America?
According to the latest July 2025 North America Bauxite Price Index, prices decreased slightly reflecting ongoing oversupply and stable import volumes keeping downward pressure on the index
Europe
• The Bauxite Price Index in Europe fell by approximately 14.5 % quarter on quarter, reflecting abundant import availability and weak spot market demand compared to Q1 2025
• Within the quarter, Bauxite Production Cost Trend remained under pressure from elevated energy prices and carbon compliance costs, particularly under EU emissions regulations, which increased refining and logistics cost burdens
• In terms of Bauxite Demand Outlook, downstream sectors, especially aluminium production, construction and automotive were notably sluggish. Germany’s slowing construction and automotive segments reduced demand, reinforcing weak buyer activity in the spot market
• Given the large inventories across European ports and major suppliers, plus weak downstream consumption, the Bauxite Price Forecast anticipates continued softness in Europe into the medium term unless depletion of inventories or a demand pick up materializes
• By the end of the quarter, extensive inventories—abundant imports from West Africa and Australia—kept supply plentiful and suppressed spot buying interest, leaving prices under sustained downward pressure
Why did the Bauxite price change in July 2025 in Europe?
According to data as of July, the price change in Europe was a marginal decrease—the Bauxite Price Index was down as persistent global oversupply, elevated inventories, and subdued industrial demand continued to limit upward pricing momentum
APAC
• The Bauxite Price Index in APAC weakened by about 6.3% in Q2 2025 compared to Q1, reflecting the overall softening market conditions.
• Bauxite Production Cost Trend softened modestly over the quarter as energy and logistics costs eased slightly, though miners still saw margins eroded by lower price realizations.
• Bauxite Demand Outlook remained weak across major importers such as China and South Korea, where sluggish aluminum and construction-sector activity and inventory drawdowns curtailed consumption.
• Supply stayed steady as Australia’s shipments rose significantly (including Metro Mining’s ~26% y o y uplift), highlighting that despite robust export volumes, Bauxite Price pressure persisted due to subdued downstream demand under spot-market reluctance.
• Export volumes benefited from increased output and streamlined logistics, but the Bauxite Price Forecast remains subdued for Q3 unless demand revives, or inventories tighten further.
• By the end of the quarter, long term contracts dominated trade over spot purchases, reinforcing the cooling Bauxite Price trend for the region.
Why did the Bauxite price change in July 2025 Asia?
Price movement in early July was marginal: Northeast Asia saw a small uptick, while India showed a slight decline, and overall, the Bauxite Price Index remained largely stable, reflecting steady imported price levels and no major shock events.
MEA
• Bauxite Price Index in Q2 2025 fell by approximately 20% compared with Q1 2025 across the MEA region.
• Bauxite Production Cost Trend showed slight easing costs for alumina feedstock while long term contract pricing remained stable and spot transaction volumes were subdued.
• Bauxite Demand Outlook was weak throughout the quarter: major importers such as China and India reduced offtake due to slowing aluminum production, construction and automotive sector slowdown, and increasing preference for recycled aluminum
• Early in the quarter, demand weakness was evident as long term contracts dominated over spot purchases, suppressing Price Index levels. By mid quarter, supply concerns (license revocations of small Guinean mines and EGA export stockpiles) emerged but failed to meaningfully alter the downward trajectory.
• By the end of the quarter, manufacturing and supply constraints in Guinea (export license cancellations and stockpiling by Emirates Global Aluminium) had limited impact on volumes, and exports continued resilient—keeping pressure on downward pricing
• Despite tightening in some parts of supply, the combination of consistent export flow and muted downstream demand maintained the decline in the Bauxite Price Index, reinforcing the soft fundamentals in the region.
Why did the Bauxite price change in July 2025 MEA?
Available July data indicates that imported bauxite prices remained largely steady. As a result, the Bauxite Price Index in the MEA region in July 2025 experienced stability or a slight decrease, reflecting no significant upward adjustment but rather persistent subdued market activity and soft contract flows.
South America
• Bauxite Price Index in South America rose by 4.5% quarter on quarter compared to Q1 2025, driven largely by strength in Brazilian exports and tightening supply globally.
• Bauxite Production Cost Trend in the region remained steady dominated by consistent coke and energy costs but with logistical expenses stable given smooth port operations and no major disruptions in Brazil.
• Bauxite Demand Outlook stayed firm across major international markets such as Canada, China, and Europe, where regulatory issues in Guinea prompted many buyers to shift sourcing toward Brazilian bauxite, boosting procurement volumes in Q2 2025.
• Bauxite Price, while rising overall in the quarter, showed some mid quarter weakness as June saw a slight easing: improved Brazilian mine output and moderated demand from overseas buyers pushed prices back down modestly in that period, though still above Q1 levels.
• Bauxite Price Forecast for the medium term remains cautiously optimistic: while oversupply may persist in the short term, structural demand from green energy infrastructure and EV related aluminum production in emerging economies is expected to firm up prices later in 2025.
• By the end of the quarter, regional supply remained stable with Brazilian operations maintaining output; inventories were manageable but lacked buffer, indicating price sensitivity to any supply shocks.
Why did the Bauxite price change in July 2025 in South America?
As of early July, the South America Bauxite Price Index declined slightly reflecting continued global oversupply and elevated inventory levels at alumina refineries and port terminals worldwide that began accumulating in June
