Currently, a wait-and-see sentiment prevails in the Chinese alumina market, with limited spot transaction data available; against the backdrop of persistently sluggish fundamentals, spot prices have edged down. While some bullish sentiment has emerged as spot prices in the north approach the 2,700 yuan/tonne mark, the fundamentals indicate no significant shift in the supply-demand balance, offering limited price support in the short term; going forward, close attention must be paid to how changes in alumina supply impact prices.

(Chinese version)

(English version)