Bauxite prices in the North American market rose in the fourth quarter of 2022, despite weak economic conditions and lower inventory levels. Participants reported a significant increase in buying interest in October, despite the fact that there is still a plentiful supply of units available on the spot market. According to market participants, the market is slowing down after weeks of negativity and premiums dropping. Buyers are eager to acquire additional tonnages. Participants stated that buying interest in both spot and first-quarter contracts had increased in the latter half of the week. Manufacturers have seen some consumers return to the market, picking up some spot tonnages after a period of inactivity. Participants had differing views about the future, with some noting that premiums had reached a floor and that consumers were beginning to release first-quarter tenders.
For more information
E-Mail:- sales@chemanalyst.com
websites:- https://www.chemanalyst.com/Pricing-data/bauxite-1471
Contact No:- +13322586602
|
|
It is ok to contact this poster with commercial interests.
207 hits
|
