The market for alumina has seen an active inquiry atmosphere, with both export traders and financial traders showing increased signs of purchasing alumina. As the volume of alumina exports rises and transaction prices increase, regional alumina prices have started to stop falling and rebound, entering a phase of fluctuation. In the short term, signs of a price stabilization are gradually emerging. However, with the repair of price discrepancies between domestic and international markets, along with future delivery pressures on the flow of alumina in stockpiles, the structural imbalance of oversupply in the alumina market remains, and medium- to long-term pressure is expected to persist.