After a period of strong short-term bullish sentiment, the mood in China’s alumina market is shifting. This change is driven by the continued lack of clear policy updates from Guinea, alongside the ramp-up and commissioning of new alumina capacity in Guangxi. As the initial bullish sentiment wanes and market psychology realigns under fundamental pressures, the market is expected to see continued tug-of-war dynamics in the short term, with spot prices largely remaining at a stalemate.
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