Alumina prices for spot cargoes on a fob Australia basis pushed above $280 per tonne on Friday February 7, as liquidity returned to the market.
Fastmarkets calculated the benchmark daily alumina index, fob Australia, at $281.97 per tonne on Friday, up from $279.60 per tonne the previous day.Most recent deal for 30,000 tonnes of Western Australian material concluded at $284 per tonne for mid-March shipment. This is the highest reported spot deal on a fob Australia basis since mid-November 2019.More...