ALUMINA SNAPSHOT: Index falls below $290 per tonne for first time since 2017

The benchmark alumina price in the Pacific region has fallen to a fresh two-year low and below $290 per tonne for the first time since May 25, 2017.

Fastmarkets’ daily alumina index, fob Australia fell to $289.13 per tonne on Monday September 30, from $290.40 per tonne on Friday September 27.

The index is down 27% from the start of the 2019 and by 42% year on year from $500 per tonne on September 28, 2018.

Key drivers: 

The market remains oversupplied. A number...


Alice Mason

September 30, 2019

16:38 GMT