The alumina fob inferred Brazil price was published as $420.94 per tonne on December 20, using a differential to the fob Australia index of $8.13 per tonne.
The inferred price should have been calculated using the new Brazil differential price of $8.33 per tonne, which was published on December 20. The corrected Alumina fob inferred Brazil price is $421.14 per tonne.
Fastmarkets MB’s price book has been updated to reflect this correction.
To see all Fastmarkets’ pricing methodology and specification documents go to: www.fastmarkets.com/about-us/methodology.
