Alumina spot prices stabilized after a production cut, but the direction of price forecasts remains unclear due to the combination of production cut expectations, cost reduction expectations, and expectations of new capacity coming online. Before the Spring Festival holiday, alumina spot prices are not expected to show a clear trend and will remain generally stable. In the short term, the market still needs to closely monitor changes in alumina operating capacity, while in the medium to long term, a comprehensive consideration of overall supply and demand changes is necessary.
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