The supply and demand changes in China’s alumina market are relatively limited, resulting in relatively stable spot prices. Currently, the overall supply of alumina in China still appears to be excessive, with a large inventory base. Although prices are stable, the impact of price declines remains strong. Even if small-scale production cuts lead to a slight reduction in supply, it is unlikely that alumina prices will reverse their downward trend and rise.

(Chinese version)

(English version)