At the current stage, the uncertainty in ore supply has increased, and the real-time transaction price of overseas alumina has risen significantly compared to the previous period. Market trading sentiment has notably improved from the previous sluggish state. Domestic alumina enterprises have gradually increased their stage-specific production cuts due to maintenance or voluntary reductions, leading to a rise in short-term supply shortages. Some aluminum plants with low inventories, as well as traders who need to fulfill long-term contracts, are actively seeking to source alumina. As a result, the short-term resilience of alumina spot prices has further strengthened.
