Recent changes in alumina market supply have been limited; the ramp-up of new production capacity has paused, and there has been no significant progress in the resumption of production by curtailed facilities. While calciner maintenance occurs sporadically, its impact on the overall supply-demand balance remains minimal. Supply-side surpluses continue to exert fundamental pressure, and tender prices have retreated, a trend that may subsequently drive down alumina market prices in the north.

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