Currently, China’s alumina supply remains at a high level; while production cuts at certain plants have tightened supply in some regions, the commissioning and ramp-up of new capacity continue to exert downward pressure on the market. Consequently, prices remain under pressure in the short term, with spot prices expected to continue their decline. In the near term, market attention should focus on transportation conditions during the National Day holiday and potential unexpected news; however, alumina prices may find some support in the long run.
（Chinese version）
（English version)
