BFA price soars after Chinese summit

摘要

THE PRICE OF brown fused alumina(BFA)has rocketed 207 in 1wo months following a summit of top Chinese producers.An"exclusive club"of the leading volume producers met at the start of July in Zhengzhou,600km south of Beijing.An agreement was understood to have be struck to allow ex-works prices of abrasive grade BFA finished grits to rise significantly to RMB4,000/tonne(533/tonne).