The northward flow of alumina from the south has somewhat alleviated the supply tightness in the north. Coupled with the resumption of production at large southern alumina plants, expectations of a future supply surplus have re-emerged; recent spot market transactions have largely seen price drops, driving a slight decline in online alumina price quotes. In the short term, the alumina market will continue to be driven primarily by fundamental factors, and prices may continue to edge downward.
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