Recent increases in imported ore prices have strengthened cost support for alumina, with current prices approaching the cash cost for some companies, leading to a significant increase in market sentiment to hold prices firm. However, the oversupply situation continues to worsen, and downstream companies remain determined to lower prices, resulting in an overall downward trend in prices. Due to the price game between supply and demand, coupled with relatively high raw material inventories at electrolytic aluminum plants, the volume of spot transactions has decreased recently, while the decline in online prices has also slowed.
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