The short-term market spot supply still has a gap, and the transaction activity is limited. Overall, it presents a situation of “high price but no market”, and the spot transaction price shows a stepwise increase. The cost of alumina has decreased compared to the previous period. The upward trend in prices has driven the profit of alumina back to normal. The production enthusiasm of factories has increased compared to the previous period. There is a certain expectation of resumption of production in the future, and the supply in the medium and long term may increase. The stability and continuity of production still need to be closely monitored in terms of changes in Guinea’s ore supply and the impact of China’s “black swan” events and other aspects.
