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Correction to alumina index, fob Australia and inferred indices on February 21

Fastmarkets has corrected its MBU-ALU-0002 alumina index, fob Australia and corresponding inferred prices, which were published incorrectly on Friday February 21, due to an incorrect methodology application.

February 24, 2025
By James McKeigue
Alumina Aluminium Asia Base metals Brazil India Pricing notice

MBU-ALU-0002 Alumina index, fob Australia, $/tonne was published in error as $502.04 per tonne. This has now been corrected to $490.14 per tonne.

The following inferred prices were also published incorrectly:

  • MB-ALU-0010 Alumina index inferred, fob Brazil, $/dry metric ton was incorrectly published as $518.89 per tonne. This has now been corrected to $506.99 per tonne.
  • MB-ALU-0018 Alumina index inferred, fob India, $/tonne was incorrectly published as $519.04 per tonne. This has now been corrected to $507.14 per tonne.
  • MB-ALU-0019 Alumina index inferred, fob Indonesia, $/tonne was incorrectly published as $510.04 per tonne. This has now been corrected to 498.14 per tonne.
  • MB-ALU-0020 Alumina index inferred, fob Vietnam, $/tonne was incorrectly published as $517.04 per tonne. This has now been corrected to $505.14 per tonne.

Fastmarkets’ pricing database and the relevant rationale have been updated to reflect these changes.

These prices are part of the Fastmarkets base metals package.

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 James McKeigue by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: James McKeigue, re: Alumina index, fob Australia, $/tonne.”

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 https://www.fastmarkets.com/methodology.

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