In the short term, the fundamentals of the domestic alumina market remain weak, with spot prices continuing to face downward pressure. It is understood that long-term contract prices for Guinean ore remained largely stable in September. Attention should be paid to changes in freight costs due to oil prices. Overall, the impact of Guinean ore prices on alumina costs is limited, and market support is weak. Unexpected events and news-related disturbances should be closely monitored.
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