Recently, spot prices for alumina have mostly remained stable. In the north, some tenders have led to adjustments in online prices, while in the south, the combined effect of tenders and spot transactions has caused a slight decline in online prices. From a fundamental perspective, the activity level in the spot market remains low, and the inventory of electrolytic aluminum plants continues to rise steadily. Although the commissioning of new production capacity can appropriately boost the demand for alumina, the undiminished supply is unlikely to provide support for prices.
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