Spiralling raw material cost lift WFA
Published: Friday, 25 November 2016
White fused alumina spot prices rose amid higher raw material cost, but increases in China are steeper compared with elsewhere as continuing environmental pressure restricted output amid stronger domestic demand.
Spiralling raw material cost is lifting white fused alumina
(WFA) spot prices as Chinese producers raised their offers,
market sources told IM.
Alumina is the key raw material used to produce WFA, and
recent restocking from Chinese aluminium smelters have pushed
prices up by about 40% since October.