Fused alumina price ticks up further on higher costs; bauxite follows
Published: Tuesday, 01 June 2021
Rising production costs, a more expensive Chinese yuan and the continuing global logistics issues continued to support prices for both brown and white fused alumina (BFA and WFA) and for bauxite in the fortnight to Thursday May 27.
The Chinese yuan was trading at 6.3772 yuan to $1 on May 28,
compared with 6.4525 yuan to $1 on May 14, giving cost support
to the prices of Chinese materials. The latest figure was
6.3689 yuan to $1 on June 1.
Fastmarkets’ latest price assessment for...