ALUMINA SNAPSHOT: Index drops 2% following deal concluded just below $400/t

April 11, 2019 / www.metalbulletin.com / Article Link

Fastmarkets' alumina index fob Australia dropped 2% on April 10 from the previous day, due to a slight easing of tightness in the market.



The daily fob Australia alumina index fell to $402 per tonne on Wednesday April 10 from $411.29 per tonne the previous day and 3.6% lower week on week from $417.29 per tonne.

Key drivers 

Index pushes lower after a deal for Australian alumina was concluded at $399 per tonne. Traders were surprised the transaction went for significantly lower than...

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