Currently, the domestic alumina market is seeing sporadic production cuts, and China’s alumina operating capacity is undergoing slight adjustments. However, this is insufficient to meet the large-scale market supply, so prices remain under pressure in the short term. Before the Spring Festival holiday, electrolytic aluminum plants are expected to make small-scale purchases to replenish their stocks, but this will provide limited support to prices. Electrolytic aluminum plants have approximately 20 days left to replenish their stocks before the Spring Festival holiday. As the holiday approaches, logistics will gradually decrease, and the market trading atmosphere will become quieter, making it difficult to find representative transactions to guide price trends.
（Chinese version）
（English version）
