Despite fluctuating news regarding mining operations in Guinea, overall market supply remains stable; while prices have edged up slightly—driven by rising shipping costs—this has not yet directly impacted alumina production costs in the short term, and the extent to which future costs will support prices remains to be seen. With new domestic alumina capacity continuing to come online and ramp up output, pressure on supply-demand fundamentals is mounting; as market expectations for production cuts have not materialized quickly, there is a risk that prices could slide further due to oversupply.
（Chinese version）
（English version）
