The signed export orders and those in the process of being signed have reached a certain scale. It is expected that the market-oriented export contracts signed within the month will exceed 100,000 tons. In other regions, rigid demand may still enter the spot market for procurement, which could further suppress the current low-price structure. When sellers actively enter the market, the spot alumina price reaches a relatively balanced force between sellers and buyers, with market-making transactions occurring. It is expected that alumina prices will stabilize and show potential for fluctuation during this phase.