Fastmarkets’ Alumina index adjustment to fob Australia index, Brazil differential compared to Australian units was at a narrow discount of $0.23 per tonne on Thursday January 28 - the narrowest discount since it was trading at a premium of $2.61 per tonne in September 2020.
Key drivers
A deal concluded at $306 per tonne fob Brazil on January 21 for 35,000 tonnes - when the deal was concluded the fob Australia...