Overseas alumina prices have remained relatively firm recently, and unforeseen events have also provided some support. However, in the short term, the price difference between domestic and international alumina markets is unlikely to change the current import and export pattern of China’s alumina. China’s alumina imports are expected to decrease compared to the previous period, while there is no profit margin for Chinese alumina exports. In the short term, the domestic alumina market is expected to continue to be affected by the fundamental oversupply, while downstream demand is unlikely to improve. Therefore, the overall alumina supply will remain excessive, and prices are unlikely to change significantly.
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