BFA prices slump on falling yuan; WFA, bauxite mostly stable
By IM Staff
Published: Friday, 29 April 2022
By Janie Davies, Sybil Pan
Prices for brown fused alumina (BFA) dropped sharply over the fortnight to Thursday April 28 on a weakening of the Chinese yuan, while the price for white fused alumina (WFA) was stable on a cif Europe basis, and bauxite prices were mostly steady with tight supply offsetting the lower yuan.
Fastmarkets’ fortnightly price assessment for
alumina, fused brown, min 95% Al2O3, refractory sized (0-6mm),
fob China, was $850-900 per tonne on April 28, dropping sharply
from the previous assessment at...