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
The details affect the following prices:AG-SYB-0079 Crush Margin, China Soy (US Gulf), M1, yuan per tonneAG-SYB-0082 Crush Margin, US Soy, M1, c$ per bushelAG-SYB-0080 Crush Margin, Brazil, Soy, M1, $ per tonneAG-SYB-0078 Crush Margin, China Soy (Brazil), M1, yuan per tonneAG-SYB-0081 Crush Margin, Argentina Soy, M1, $ per tonneFastmarkets clarifies that, where the value of a futures contract is factored […]
The adjustment, which follows a consultation which ended on Tuesday March 18, will enable Fastmarkets to track a broader range of data by incorporating major ports, including Hay Point Coal Terminal, Abbot Point Coal Terminal, Gladstone Port and Port Kembla, alongside the current Dalrymple Bay Coal Terminal. To ensure consistency of the assessments, normalization of ports […]
The name of the index will be modified to steel scrap, sheared HMS 1&2 (80:20 mix), index, domestic, delivered UAE. This will clarify that the index covers sheared HMS 1&2 and not unprocessed HMS 1&2 material, which is also available in the market. The change to the name of the price will not affect historical […]
These prices are scheduled for publication at 2-3pm London time, but were published at 4.24pm. Fastmarkets’ pricing database has been updated. The following prices were affected:MB-STE-0092 Steel reinforcing bar (rebar), domestic, cpt Poland, zloty per tonneMB-STE-0891 Steel wire rod (drawing quality), domestic, delivered Poland, zloty per tonne The prices are part of the Fastmarkets steel price package. […]
This is a follow-up pricing notice to yesterday’s notice about the delay. The following prices were affected by this:MB-AL-0256 Aluminium fixing price for LME trade, rand/tonne MB-CU-0338 Copper fixing price for LME trade, rand/tonne MB-PB-0064 Lead fixing price for LME trade, rand/tonne MB-NI-0093 Nickel fixing price for LME trade, rand/tonne MB-SN-0005 Tin rand fixing price for LME trade, rand/tonne MB-ZN-0072 Zinc rand […]
The assessment was published at 3:58pm London time instead of the scheduled time of 4pm. The data submission window had already closed, and the data collection and price assessment were not affected by the early publication. MB-TI-0009 titanium dioxide pigment, sulfate grade, fob China, $ per tonne This price is a part of the Fastmarkets Industrial […]