{"id":1092,"date":"2018-11-26T11:06:13","date_gmt":"2018-11-26T11:06:13","guid":{"rendered":"http:\/\/www.anfre.com\/?p=1092"},"modified":"2018-11-26T11:06:13","modified_gmt":"2018-11-26T11:06:13","slug":"aachen-2018-raw-materials-price-evolution-in-the-spotlight","status":"publish","type":"post","link":"https:\/\/anfre.com\/?p=1092","title":{"rendered":"AACHEN 2018: Raw materials, price evolution in the spotlight"},"content":{"rendered":"

Attendees discuss how market participants will secure supply for the coming year, and how prices are expected to perform going forward.<\/p>\n

<\/strong>Raw material supply and market price performance were once again the leading topics of conversation among delegates at the 61st International Colloquium on Refractories in Aachen, Germany, in September.<\/p>\n

As was the case in 2017, raw materials were under the spotlight at this year\u2019s refractories event.<\/p>\n

Considering the restrictions on mining and production operations in China – the largest producer of several key refractory raw materials such as bauxite, fused alumina, magnesia and graphite – attendees in Aachen are assessing what the future holds for supply.<\/p>\n

\u00abIt\u2019s the second year in a row that we\u2019ve talked about, essentially, only raw materials,\u00bb one user said on the sidelines of the event. \u00abIf it\u2019s not about bauxite, it\u2019s about magnesia or it\u2019s about alumina. But there is no running away from it.\u00bb<\/p>\n

\u00abThe only consolation is that everyone is in the same situation because the changes are structural. The handicap is our common denominator right now,\u00bb another delegate said.<\/p>\n

Consumers have actively been trying to respond to the sourcing issues in China by seeking alternative origins or by working with alternative materials.<\/p>\n

This has not always led to workable solutions, however, because the tightness has, in some cases, spread to multiple markets, generating short supply and rising prices across the board.<\/p>\n

\u00abWhen bauxite was getting short and expensive last year, consumers tried to shift to andalusite instead,\u00bb one buyer said. \u00abOf course, andalusite ended up being short and expensive too. What we hope is not having more of the same next year.\u00bb<\/p>\n

Fastmarkets IM assessed the price of calcined bauxite 85% at $420-435 per tonne, fob Xingang, on September 20, compared with $410-420 per tonne on September 6.<\/p>\n

The price of calcined bauxite 86% reached $435-445 per tonne fob Xingang on the same date, up from $420-440 per tonne earlier in the year.<\/p>\n

The buyer pointed to similar situations with white-fused alumina and tabular alumina \u2013 when the rising demand for the first triggered a shortage of the latter as well during 2017.<\/p>\n

The ongoing perception of impending shortage could also be a factor supporting market prices going forward, several attendees said, with uncertainty becoming the new norm.<\/p>\n

\u00abHow much are the supply issues overplayed when it comes to contracting?\u00bb one trader said. \u00abWe know of China and of how serious what is happening there, don\u2019t get me wrong. But is this creating knee-jerk reactions by market players? That may be.\u00bb<\/p>\n","protected":false},"excerpt":{"rendered":"

Attendees discuss how market participants will secure supply for the coming year, and how prices are expected to perform going forward. Raw material supply and market price performance were once again the leading topics of conversation among delegates at the 61st International Colloquium on Refractories in Aachen, Germany, in September. As was the case in … <\/p>\n

Seguir leyendo<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1092","post","type-post","status-publish","format-standard","hentry","category-sin-categoria","item-wrap"],"yoast_head":"\r\nAACHEN 2018: Raw materials, price evolution in the spotlight - Asociaci\u00f3n Nacional de Fabricantes e Instaladores de Productos Refractarios, Materiales y Servicios Afines<\/title>\r\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<meta property=\"og:locale\" content=\"es_ES\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"AACHEN 2018: Raw materials, price evolution in the spotlight - Asociaci\u00f3n Nacional de Fabricantes e Instaladores de Productos Refractarios, Materiales y Servicios Afines\" \/>\r\n<meta property=\"og:description\" content=\"Attendees discuss how market participants will secure supply for the coming year, and how prices are expected to perform going forward. 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