Correction to alumina index and inferred prices on December 17

Fastmarkets has corrected the MB-ALU-0002 Alumina index, fob Australia, $/tonne, which was published incorrectly on Wednesday December 17 due to a procedural lapse. Fastmarkets has also corrected the index's rationale and all related inferred indices.

Fastmarkets’ pricing database has been updated to reflect this change.

The MB-ALU-0002 alumina index, fob Australia, $/tonne was published in error as $310.90 per dry metric tonne. It has been corrected to $309.67 per dmt.

The MB-ALU-0019 alumina index inferred, fob Indonesia, $/tonne was published in error as $315.90 per dmt. This has been corrected to $314.67 per dmt.

The MB-ALU-0018 alumina index inferred, fob India, $/tonne was published in error as $316.90 per dmt. This has been corrected to $315.67 per dmt.

The MB-ALU-0020 alumina index inferred, fob Vietnam, $/tonne was published in error as $312.90 per dmt. This has been corrected to $311.67 per dmt.

The MB-ALU-0010 alumina index inferred, fob Brazil, $/dmt was published in error as $336.73 per dmt. This has been corrected to $335.50 per dmt.

These prices are part of the Fastmarkets Base Metals package.

The rationale for MB-ALU-0002 had erroneously stated “Index at $310.90/t, up from $309.17/t in the previous session.” This has been corrected to “Index at $309.67/t, up from $309.17/t in the previous session.”

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this index, please contact pricing@fastmarkets.com and basemetals@fastmarkets.com. Please add the subject heading “re: MB-ALU-0002 Alumina index, fob Australia, $/tonne and inferred prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

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