ALUMINA SNAPSHOT: Fob Australia prices dip to $275/t after Chinese demand lull

July 30, 2020 / www.metalbulletin.com / Article Link

Key information from the pricing session for Fastmarkets' alumina index, fob Australia on Wednesday July 29.


Key drivers:

Deals concluded on Wednesday at $275 per tonne fob Western Australia for 30,000 tonnes with mid-August loading.  Prior to this, the deal market had been quiet with no spot business since one deal at $280.50 per tonne fob Australia on July 22. Chinese market participants have stepped away from the market and were not looking for material as much as in previous months...

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