Transactions in the north are largely dependent on tenders from downstream electrolytic aluminum plants, while the southern market is somewhat quieter than the north. The north-south price gap persists, and the trend of “northern goods flowing south” persists. Furthermore, with the expected impact of imported alumina, domestic alumina prices are unlikely to see a significant recovery in the short term. The market is bearish in the short term, but stable in the medium term. In the long term, production cuts may provide price support, leading to a rebound.
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