The alumina spot market has recently remained in a stalemate, with online spot prices showing a sluggish trend; overseas spot markets have also held steady, as the rise in China’s net alumina exports—driven by re-exports via bonded zones—has failed to shift domestic price trends. Regarding overseas mines, there has been no new news following the brief suspension and subsequent resumption of operations at a mine in Guinea, and overall supply remains stable; however, high shipping costs continue to provide strong support for ore prices, keeping the landed cost of imported ore relatively firm. Looking ahead, market participants should monitor fluctuations in actual alumina production costs and potential market-moving news.
（Chinese version）
（English version）
