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Alumina Daily Review-Sept. 5th

2024-09-05

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.

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