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Fused alumina prices slide on weak demand; logistics under tight Covid-19 controls
Prices for white fused alumina (WFA) showed a second consecutive drop in the two weeks to Thursday March 31, brown fused alumina (BFA) prices fell for a third consecutive fortnight, while bauxite prices were stable. And cross-provincial logistics in China were facing rigid Covid-19-related controls.
Fastmarkets’ latest price assessment for alumina, fused white, 25kg bags, cif Europe, fell to €915-980 ($1,017-1,089) per tonne on March 31 from €935-1,000 per tonne two weeks earlier.