ALUMINA SNAPSHOT: Fob Australia index soars above $600/t to highest since May

Alumina prices fob Australia climbed over 7% on Tuesday August 28 to their highest in nearly four months, with extreme tightness in the market continuing to push the index higher.




Metal Bulletin’s benchmark daily fob Australia alumina index climbed to $615.90 per tonne on Tuesday from $570.67 per tonne on Friday August 24.

Key drivers 

The alumina index responded today to news that the most recent tender of Indian material traded above $620 per tonne.  Alcoa workers in...

Published

Alice Mason

August 28, 2018

16:44 GMT

London