Spot alumina prices have been influenced by market maintenance, production cuts, and shifting market sentiment; in the north, transaction prices have risen alongside firm price quotes, whereas in the south, prices have struggled to break through due to pressure from new production capacity. In the short term, market focus remains on the potential impact of Guinean ore, while the medium-to-long-term outlook requires a return to the fundamental supply-demand dynamics of the alumina market itself.
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