From left: Hongjie Wei, Friday Gao, Xizhi Wei, Guo Liu
In the afternoon, Mr. Gao visited C&D Logistics (Shanghai) Co. and had a meeting with Mr. Johny Yao, Marketing Manager and Mr. William Bai, Business Manager. Both parties talked about the Chinese alumina market and the demand for imported bauxite. Mr. Gao introduced the bauxite supply from Guinea, Indonesia and Malaysia, analyzing Chinese demand in 2021. Mr. Bai and Mr. Yao are confident in Chinese imported bauxite market and would further expand the business in 2021. As a major agent, they imported around 2.6 million tons of Indonesian bauxite in 2020 and plan to develop Guinean bauxite in 2021.
As a member of Asian Metal, C&D has been referring to bauxite and alumina market information from Asian Metal and plans to attend the 11th World Aluminum Raw Materials Summit on May 21-21 in Hangzhou to promote the bauxite business.
From left: William Bai, Johny Yao, Friday Gao
Thereafter, Mr. Gao visited SPIC Aluminum International Trading Co., meeting with Mr. Renjian Liu, Director of Alumina Department, Wuqin Wei, Director of Futures Department, and Lingan Liu, Senior Analyst. Both parties talked about the carbon dioxide emissions control and its affect on aluminum market, and the bauxite market both at home and abroad. Mr. Gao analyzed the increasing prices for imported bauxite from Guinea and Indonesia. Mr. Liu showed his opinion on the expanding alumina production capacity in China and introduced SPIC's bauxite project progress in Guinea.
As a member of Asian Metal, SPIC would attend the 11th World Aluminum Raw Materials Summit on May 20-21 in Hangzhou of China.
From left: Friday Gao, Lingan Liu
