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Bauxite export quota to be publicly sold next year.
China Business News
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November 11, 2004
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Bauxite export quota to be publicly sold next year
Shanghai. November 11. INTERFAX-CHINA - The Ministry of Commerce recently announced on November 9 that the it will invite export quota bidding in the bauxite sector in 2005 in order to control bauxite export volume. Domestic traders say the move would certainly raise the export price, though government officials claim the price fluctuation would not be dramatic.
The public sale will be handled by the China Hardware and Chemical Industry Products Import and Export Chamber of Commerce (C of C). The director ...
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