ALUMINA SNAPSHOT: Liquidity surge from China pushes fob Australia index up to one-month high

Key pricing data from the pricing session for Fastmarkets’ alumina index, fob Australia on Thursday April 30.




Fastmarkets’ daily alumina index, fob Australia moved up to $241.37 per tonne on Thursday from $233.93 per tonne the previous day. The index is now at its highest since April 1 when it was at $241.52 per tonne.

Key drivers: 

Three new deals concluded Thursday, with two destined for China as buying demand from the country picked up once more.  One deal was concluded at $255 per...

Published

Alice Mason

April 30, 2020

17:28 GMT

London