Fastmarkets calculated the daily alumina index, fob Australia
, at $289.84 per tonne on Thursday, up from $281.69 per tonne a week earlier.
It was now at its highest level since September 27, 2019, when the index was calculated at $290.40 per tonne.
A deal was concluded on February 19 at $319 per tonne for 30,000 tonnes of Western Australian alumina on a cif China basis. The freight cost was estimated at $20 per tonne, making the price equivalent...