BFA prices post fifth fortnightly drop despite Covid outbreak, winter closures in Henan
Published: Friday, 07 January 2022
China’s brown fused alumina (BFA) prices continued to fall in the fortnight to Thursday January 6 due to slow spot liquidity at home and abroad. White fused alumina (WFA) also dipped after holding stable in the previous session, and bauxite held firm on limited availability projections.
Fastmarkets’ price assessment for alumina,
fused brown, min 95% Al2O3, refractory sized (0-6mm), fob China
narrowed downward by $20 per tonne to $940-980 per tonne on
Thursday, from $940-1,000 per tonne in the previous assessment.
The latest assessment is down by 12.73% from the record high of
$1,050-1,150 per tonne...