ALUMINA ROUND-UP: Fob Australia alumina index at highest since July 2019

Benchmark alumina prices climbed to a seven-month high on Friday February 28 with deals concluding above $300 per tonne.

Fastmarkets calculated the daily alumina index, fob Australia at $302.50 per tonne on Thursday, up from $299.74 per tonne the previous day and $292.47 per tonne a week ago. It was now at its highest level since July 30, 2019.

Key drivers: 

Nalco tender concluded on Friday at $305 per tonne fob Visakhapatnam, India for late March loading. Majority of the market see the netback for Indian...

Published

Alice Mason

February 28, 2020

16:11 GMT

London