Correction to Australia, Brazil alumina FOB indices on June 5

Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia, and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Wednesday June 5 due to a calculation error.

The MB-ALU-0002 alumina index, fob Australia, was published in error as $491.80 per tonne on June 5. This has now been corrected to $491.20 per tonne.

The MB-ALU-0010 alumina index inferred, fob Brazil, was published in error on Wednesday as $517.63 per dry metric tonne. It has been corrected to $517.03 per dmt.

Fastmarkets’ pricing database has 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 these indices, please contact Laura Roberts by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Laura Roberts, re: Alumina index, fob Australia, $ per 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.

What to read next
Fastmarkets has corrected its MB-BMS-0015 Black mass, NCM/NCA, payable indicator, nickel, exw USA, % payable LME Nickel cash official price, which was published incorrectly on Wednesday, July 16.
Fastmarkets confirms its decision to discontinue its two domestic European stainless steel base price assessments.
This strategic launch is designed to better delineate the relationship between these two competing steelmaking materials. The differentials offer the market a single reference price denoting the spread between Turkey import billet and No1 and No2 heavy melting scrap (80:20) and between Turkey import billet and shredded scrap exported from the US East Coast respectively. […]
The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.
Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.
After an initial one-and-a-half-month consultation, followed by a further three-month consultation period on the proposed inclusion of a powder brand, and following market feedback and data analysis, Fastmarkets has determined that current market circumstances do not make the proposed amendment to the cobalt standard grade, in-whs Rotterdam, daily price assessment viable. This decision is not a judgement on the […]