Spiralling raw material cost lift WFA

By Yoke Wong
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.

Chinese domestic...

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