Fused alumina price flatlines on low liquidity; bauxite stable on tight supply
Published: Friday, 04 September 2020
Prices of brown fused alumina (BFA), white fused alumina (WFA) and refractory-grade bauxite remained stable on limited trading during the two weeks ended Thursday September 3, pausing a sharply bearish trend that had affected both commodities in recent months.
The demand-supply pattern and the exchange rate fluctuations
between the Chinese yuan, the US dollar and the euro added
further uncertainty to the current situation, according to
Fastmarkets’ latest fortnightly price
assessment for alumina, fused brown, min 95% Al2O3, refractory
sized (0-6mm), fob China, was $600-630 per tonne...