ALUMINA ROUND-UP: Fob Australia price rangebound; Atlantic discount widens

March 13, 2020 / / Article Link

The benchmark alumina price remained above $300 per tonne on Thursday March 12 but liquidity on a fob Australia basis remained low.

Fastmarkets calculated the daily alumina index, fob Australia at $303.17 per tonne on Thursday, little changed from $304.63 per tonne the previous day. The index has been above $300 per tonne since February 27.

Key drivers: 

Liquidity remains low but participants continue to keep an eye on disruption caused by the novel coronavirus (2019-nCoV) outbreak across the aluminium supply chain.  The most recent deal for Western Australian alumina concluded at $322...