ALUMINA SNAPSHOT: Fob Australia index moves to highest since March

June 26, 2020 / www.metalbulletin.com / Article Link

Key information from the pricing session for Fastmarkets' alumina index, fob Australia on Thursday June 25.



Key drivers:

The most recent deal concluded on a fob Gladstone, Australia, basis at $261 per tonne for 30,000 tonnes with loading in the second half of July.  A power outage at Hydro's Paragomias bauxite mine means production output at the Alunorte alumina refinery has been reduced to 50-70%.Participants said the disruption is more likely to affect the Atlantic than the Australia price but no fresh deals were...

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