Currently, spot transactions of domestic alumina are limited, and prices have remained relatively stable. However, there are no significant changes in the fundamental supply and demand situation, while overseas alumina prices have continued to decline slightly recently. Overall, although there are weak factors in the market that are pushing prices down, the limited circulation of domestic alumina in the spot market and the weak willingness of electrolytic aluminum plants to purchase spot goods make it difficult for domestic alumina prices to change significantly in the short term.   （Chinese version）    （English version）

The alumina market has been relatively calm recently, with increased wait-and-see sentiment among buyers and a significant decrease in spot transactions. Coupled with stable bidding prices, alumina online prices are currently showing a stable trend. In the short term, supply remains ample, and alumina prices are likely to continue their downward trend. （Chinese version）    （English version）  

Currently, some alumina companies are operating at a loss, but considering the signing of long-term contracts, their willingness to reduce production is low. As these contracts continue to be signed, some companies may reduce production. Meanwhile, alumina roasting volume will also decrease in the north due to environmental regulations during the heating season. However, the expected slow pace of production cuts will have limited support for prices. Furthermore, the high level of alumina inventory also contributes to insufficient upward price support.   （Chinese version）    （English version）

The supply and demand changes in China’s alumina market are relatively limited, resulting in relatively stable spot prices. Currently, the overall supply of alumina in China still appears to be excessive, with a large inventory base. Although prices are stable, the impact of price declines remains strong. Even if small-scale production cuts lead to a slight reduction in supply, it is unlikely that alumina prices will reverse their downward trend and rise.   （Chinese version）    （English version）

Recently, spot prices for alumina have mostly remained stable. In the north, some tenders have led to adjustments in online prices, while in the south, the combined effect of tenders and spot transactions has caused a slight decline in online prices. From a fundamental perspective, the activity level in the spot market remains low, and the inventory of electrolytic aluminum plants continues to rise steadily. Although the commissioning of new production capacity can appropriately boost the demand for alumina, the undiminished supply is unlikely to provide support for prices. （Chinese version）    （English version）

Spot prices remained stable, and the large-scale production cuts that the market had expected did not materialize, thus providing no support for prices. Alumina costs have recently shown a tendency to fall rather than rise, so from a fundamental perspective, the domestic alumina market remains dominated by weakness.   （Chinese version）    （English version）