The price of alumina remains stable with fluctuations, and spot transactions continue to expand, leading to a relatively positive atmosphere in the financial spot market. In the context of tight industrial spot availability, sellers still have a certain degree of price support mentality. Occasionally, there are instances of premium transactions for immediate demand replenishment in the market.

The price basis for alumina disc surfaces has widened relative to expectations. It is anticipated that throughout the week, there will still be sporadic parity or even slight declines in spot trading around the warehouses where deliveries are made. The overall supply of alumina in the spot market remains relatively tight. Small and medium-sized aluminum plants continue to replenish their stocks as needed, and traders are still buying spot alumina for long-term contracts. In the short term, spot alumina prices are expected to maintain a firm trend.

Spot prices remain stable and high without significant fluctuations. Downstream aluminum plants have a strong desire to restock based on actual needs. There are few spot supplies available from producers, and neither buyers nor sellers are strongly pushing for "take-it-or-leave-it" pricing to discover market prices. The market is waiting for more spot transaction information for guidance.

Alumina prices remain on the higher side as the basis continues to widen, with transaction volumes decreasing compared to previous periods. In Xinjiang, delivery warehouse prices have slightly adjusted downwards, mainly due to fluctuations in futures prices. Financial traders, after profit-taking from futures-spot arbitrage, are more willing to accept slight discounts on local spot transactions.

Aluminum oxide futures prices are weak overall due to capital speculation, but spot prices are maintaining an upward trend due to increased regional small-scale transactions. The increase is relatively controlled, with current spot prices in Shanxi trending toward 3990-4000 yuan. Acceptance of this price remains low, and strategic cooperation clients often choose to settle new spot orders based on the website's average monthly price.

Aluminum oxide futures prices have retraced amid a collective decline in commodity indices. However, spot prices have steadily increased with frequent small-scale upward trades. Most participants continue to maintain an upward sales and price increase purchasing outlook. It is expected that the upward trend in spot aluminum oxide transactions will likely continue during this period.