Fused alumina prices jump on high demand, freight costs as bauxite strengthens
Published: Friday, 25 June 2021
Prices for brown and white fused alumina (BFA and WFA) jumped during the fortnight to Thursday June 24 on supply issues and spiking freight rates from China to Europe, but bauxite held firm with some mining activities in Shanxi province reported to be halted.
Fastmarkets’ latest price assessment for alumina, fused white, 25kg bags, cif
Europe, was €700-800 ($835-955) per tonne on June 24,
up by €20-60 per tonne from the previous assessment.
The higher top end of the price spread reflected higher
concluded prices for non-Chinese material, including from
western suppliers, which tend...