The spot transaction feedback in the alumina market indicates that current prices remain under downward pressure, mainly driven by low-price factors. These include ample alumina supply, steady increases in inventory, continued progress in new production capacity, declining overseas prices, and a slight drop in costs. It is expected that the market will need to see substantial capacity reductions to decrease output from the supply side in order to provide appropriate support for prices. In the short term, it is anticipated that the spot transaction prices of alumina in both the northern and southern regions will continue to trend downward.
