Downtrend in Australian alumina prices slows, Brazil differential narrows slightly

The downtrend in Australian alumina prices has begun to slow, with a recent deal providing some stability to the market, sources told Fastmarkets. At the same time, the Atlantic premium over Pacific material has declined slightly following a dip in freight rates.

Fastmarkets calculated its benchmark alumina index, fob Australia, at $356.03 per tonne on Tuesday May 24, down slightly from $360.16 per tonne a week earlier and down from $370.90 per...


Carrie Bone

May 25, 2022

15:50 GMT