The short-term benefits due to the surge in exports are still maintaining, but the limited spot transactions make it difficult to trigger a significant market rebound. However, it has relatively stopped the previous trend of obvious discounts and the panic-driven expectations of participants. It is understood that there is still domestic spot demand for sourcing based on previously negotiated export contracts. From the recent public overseas transactions, the price gap between domestic and international markets continues to narrow, and the market-driven export window is gradually closing. The medium- and long-term pressure in the spot alumina market remains.
