Enough Bauxite Available to Offset a Potential Indonesian Export Ban
November 12, 2021
ALUMINA
1. Australia alumina spot prices have eased slightly after reaching three-year highs in October. Spot prices stand at $... per mton FOB, down 5% from the three-year high of...
2. We see the upward trend still on and $.. per mton as a possibility, especially if Chinese and ROW’s alumina production continues to be...
3. However, HARBOR sees alumina spot prices experiencing a correction in 2022 on...
BAUXITE
1. Indonesia’s government wants to restrict bauxite exports. The president of Indonesia declared that the country may...
2. Although the bauxite market could get tighter if Indonesia bans bauxite exports, HARBOR sees two factors offsetting the tightening effects of an export ban: a)...