Weak demand caps refractory bauxite prices; BFA spread widens, WFA down
Published: Monday, 06 April 2020
Refractory grade bauxite remained mostly flat amid a quiet seaborne market and poor availability over the past fortnight. Brown fused alumina (BFA) ticked up while white fused alumina (WFA) dropped, and participants warned of a potential cliff edge in demand ahead.
Demand for bauxite outside of China has been dampened as the
broader effects of the Covid-19 outbreak hit consuming markets
in Asia, Europe and North America, capping the previous upticks
Among the four grades of refractory bauxite assessed by
Fastmarkets, the 85% to 87% grades material were