ALUMINA SNAPSHOT: Fob Australia index moves to highest since March

Key information from the pricing session for Fastmarkets’ alumina index, fob Australia on Thursday June 25.



Key drivers:

The most recent deal concluded on a fob Gladstone, Australia, basis at $261 per tonne for 30,000 tonnes with loading in the second half of July.  A power outage at Hydro’s Paragomias bauxite mine means production output at the Alunorte alumina refinery has been reduced to 50-70%. Participants said the disruption is more likely to affect the Atlantic than the Australia price but no fresh deals were...

Published

Alice Mason

June 25, 2020

16:22 GMT

London