ALUMINA SNAPSHOT: Fob Australia index falls below $500/t following Alunorte decision

The Fastmarkets MB alumina index fob Australia dropped below $500 per tonne on Friday October 12 following the Brazilian government’s U-turn on an earlier decision, allowing the Alunorte alumina refinery to resume production at 50% capacity.




Fastmarkets MB’s fob Australia daily alumina index was at $493.75 per tonne today, down from $504.50 on Thursday October 11.

Key drivers 

On Saturday, Hydro announced that its Aluntore alumina refinery would not be shutting down its operations, but continue to operate at...

Published

Alice Mason

October 12, 2018

16:00 GMT

London