On July 20, the alumina index, fob Australia, should have been $289.74 per tonne but was incorrectly published as $289.62 per tonne.
On July 21, the alumina index, fob Australia, should have been $291.11 per tonne but was incorrectly published as $290.79 per tonne.
The formula error in the index has now been fixed.
Fastmarkets’ pricing database, MInD, has been updated to reflect this change.
The alumina index, inferred, fob Brazil, will be updated accordingly to: $297.74 per tonne tonne for July 20 and $299.11 per tone for July 21.
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 price, please contact Alice Mason by email at: firstname.lastname@example.org. Please add the subject heading ‘FAO: Alice Mason, re: alumina.’
To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.
Fastmarkets has corrected its alumina index, fob Australia, which was published incorrectly on Tuesday July 20 and Wednesday July 21 due to an index calculation error.