ALUMINA SNAPSHOT: Index plummets 11.3% week on week; Alunorte restart expected

April 17, 2019 / www.metalbulletin.com / Article Link

Fastmarkets' alumina index fob Australia fell to its lowest in over two months on April 16 due to continued extra cargoes in the market and positive news surrounding Alunorte's restart.

The daily fob Australia alumina index fell to $354.85 per tonne today, down 3.9% from the previous day and 11.3% lower week on week from when the index was at $411.29 per tonne.Key driversIndex pushes lower after a deal for Australian alumina concluded at $363 per tonne, which was significantly lower than the last deal at $380...

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