Bauxite price spread narrows, WFA ticks up as BFA firm
By Davide Ghilotti, Sybil Pan
Published: Friday, 19 February 2021
Refractory-grade bauxite prices showed a reduction this week from previously wider spreads, with China gradually returning to the market after the Lunar New Year holiday, while white fused alumina (WFA) ticked upward on higher operational costs and brown fused alumina (BFA) held firm.
Consumers and suppliers alike spoke of strong demand at
present, in particular in markets such as India and Europe.
This was expected to support prices in the short term,
considering the continuing winter production restrictions and
the logistics issues affecting China’s seaborne
routes.
Fastmarkets’ latest price assessment for
bauxite,...