BFA price hits two-year high on supply interruptions; WFA, bauxite firm
Published: Friday, 06 August 2021
China’s prices for brown fused alumina (BFA) ticked upward over the fortnight to Thursday August 5 on supply problems created by factors including the Henan floods, Covid-19-related logistics issues and electricity shortages, while white fused alumina (WFA) was supported by “exploding” freight costs, and bauxite held firm because of closures affecting mining and calcination.
Fastmarkets’ fortnightly price assessment for
alumina, fused brown, min 95% Al2O3, refractory
sized (0-6mm), fob China, was $740-770 per tonne on August
5, up by $10 per tonne and reaching a two-year high on the
Liquidity was reported at both ends of the range, indicating
strong bullish sentiment among...