The prices of alumina both domestically and internationally have been falling synchronously, and the market’s bearish sentiment has not yet changed. Some new production capacities are expected to be commissioned in the first half of the year, and in the short term, alumina prices will continue their downward trend. Some electrolytic aluminum companies are still expected to have a small amount of inventory replenishment demand before the Chinese New Year holiday. In terms of market transactions, there may be occasional small deals.