Overseas prices continue to decline, and the domestic market remains oversupplied, with the overall downward pressure on the market showing no signs of abating. Affected by the 200,000-ton electrolytic aluminum production cut at an Icelandic aluminum smelter and the potential production cuts at a Mozambican aluminum smelter, coupled with the widespread belief that Indonesian alumina projects will continue to release concentrated output in the first half of next year, the overseas market is experiencing a growing oversupply sentiment and expectations, creating a buyer’s market for price negotiations. (Chinese version) (English version)