Trading activity in the domestic alumina market has warmed up slightly; however, due to oversupply, tender prices continue to trend marginally downward, potentially driving a further slight decline in benchmark alumina prices. Meanwhile, overseas alumina prices have continued to rise, steadily narrowing the price gap between domestic and international markets. Should this spread narrow further, the export window for domestic alumina could open temporarily, thereby alleviating the domestic oversupply situation and providing support for prices.
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