The alumina index on a fob Australia basis is down by 3.4% week on week and below $280 per tonne for the first time since May 2017.
Fastmarkets' daily alumina index, fob Australia fell to $279.29 per tonne on Wednesday October 9, from $280.64 per tonne the previous day and from $289.53 per tonne on October 2.
The index is now down 29.5% from the start of the 2019.
Key drivers:
There has been a flurry of trading activity over the past...