Fitch forecasts Australian bauxite production growth to average 4% y-o-y in 2021, and Guinea's bauxite output to rise from 84.5mnt in 2021 to 133.8mnt in 2030.
The Bloomberg Commodity Spot Index, a basket of nearly two dozen raw materials, surged to a 10-year high last week and is rapidly closing in on the record set in 2011.