Fastmarkets calculated the benchmark daily alumina index, fob Australia
, at $277.81 per tonne on Friday, down from $279.30 per tonne at the start of the week.
The most recent fob Australia deal this week was reported at $273 per tonne. This pushed the index down on Thursday to its lowest since early May 2017 when it was $274.05 per tonne.
A Nalco tender was reported to have been concluded earlier this week at $288-299 per tonne, but the material was said to be destined for Iran....