Rise! Bauxite prices! Aluminum oxide spot prices (March 17)

MaticHoleFiller · 2026-03-23T00:12:43+00:00

Aluminum oxide futures surged sharply on March 17, with prices exceeding 3,000 yuan per ton, an increase of 3.49%. The market is paying attention to discussions about ore releases from Guinea and changes in domestic policies to respond to fluctuations in raw material prices.

MaticHoleFiller

2026-03-23 00:12:43

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Source: Aluminum Road


Shandong Alumina	2665	+10
Henan Alumina	2715	+10
Shanxi Alumina	2700	+10
Guangxi Alumina	2715	+0
Guizhou Alumina	2765	+0
Lianyungang Alumina	2670	0
Australia Alumina (FOB)	298	0
Guinea Bauxite (CIF)	64.5	-
Australia Bauxite (CIF)	60.5
Malaysia (CIF)	47.5

The above data is sourced from SMM and is for reference and educational purposes only. It is not investment advice.

Brief Comment:

On March 17, aluminum oxide futures surged significantly, with the weighted average price breaking 3,000 yuan/ton as of 14:10. The increase was 3.49%. According to Caixin, on Monday evening Beijing time, the world’s largest bauxite producer, Guinea, is reportedly discussing with miners to control the amount of ore released to the market in order to curb the downward trend of raw material prices. Spot prices have shown a steady upward trend since late February, but the overall increase remains limited. Future market trends will continue to focus on Guinea and domestic policy changes.

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