Under the current tight spot circulation situation, the bullish sentiment in the market has been continuously rising. Some traders have entered the market to purchase long-term delivery orders for spot alumina, pushing the price center of alumina to keep moving upward. Temporary production cuts in the industry have occurred frequently, and the supply side has maintained a phased contraction trend. From the demand side, traders who mainly cooperate with spot purchasing essential aluminum plants and long-term order execution aluminum plants still participate in spot transactions relatively frequently and become the main force in spot price discovery. The diversified selection of imported ores is constantly advancing, which is beneficial to domestic alumina production in the long term. Some domestic mines have passed the ecological restoration acceptance, and the small-scale increase in self-mining is good for individual alumina enterprises. The rectification of domestic mines is still in a state of tightening and compression.
