Bauxite Market Has Entered a Bottleneck Period

In the middle ten days of May, the prevailing prices of 80 shaft kiln bauxite are around 850-950 yuan/ton, 85 down-draft kiln bauxite around 1350-1450 yuan/ton, 88 down-draft kiln bauxite around 1500-1600 yuan/ton. And the prevailing price of 88 bauxite slightly falls about 50 yuan/ton.

At present, the bauxite market has entered a bottleneck period, and the procurement and sales are not optimistic. First of all, under the influence of upstream market purchase orders, the procurement for raw materials of products enterprises is reduced sharply. Secondly, from the raw material procurement, the market fund chain is tightening or gets worse. Raw materials enterprises belong to the bottom of the entire cycle and must ensure their bottom line, so they can't accept and will not cooperate with those companies that can not give the payment on time.

Therefore, the whole industry is in a contradictory situation. Many manufacturing enterprises want to open more channels about their own production, but they are also afraid of some customers that have the payment issue.

To sum up, the market itself can not be changed just depending on a single enterprise. At present, the market has an urgent need some honest customers or a payment platform that can be able to secure their payment, improving enterprises' business relations.