Metal Bulletin’s fob Australia alumina index was calculated at $349.69 per tonne, rising from $340.75 per tonne a week earlier.
A cargo of the raw material traded at $350 fob Australia in the past seven days, while sources in China said a smaller cargo had been picked up close to $360 cif China.
This week’s price increase means alumina is trading at 20.3% of the London Metal Exchange aluminium price, exceeding 20% for the...
