The benchmark fob Australia alumina index hit a three-month low on Friday October 2 with wide availability of cargoes and weak demand pressuring the market.
Fastmarkets' daily alumina index, fob Australia was at $264.19 per tonne on Friday, down from $268.54 per tonne at the start of the week. The index is now at its lowest since July 9."I expect there will also be some more tenders out in the market...