Spot prices continue to trend downward, with some alumina companies potentially negotiating direct export sales. This, coupled with trade transactions, continues to drive downward price pressures. Cost support is gradually emerging, with the gap between transaction prices and cash costs (including anticipated reductions) narrowing to a critical level. News, expectations, and actions regarding production cuts are expected to continue to emerge over the next 10-20 days.

(Chinese version)

(English version)