The price of alumina is mainly characterized by downward pressure, with the primary issue being the shift in market sentiment and the change in supply-demand expectations. After stagnating at high levels, the market is now facing a downward trend. As the Spring Festival approaches, the efficiency of pre-holiday stockpiling and the current situation continue to weaken the impact on market sentiment, which helps to suppress the decline in alumina prices. However, attention should be paid to the potential effects of the suspension of road transport during the ten-day period around the holiday. At the same time, the domestic situation in Guinea has become the key factor in determining whether the price will stabilize in the future. Currently, there seems to be little impact from this, but the market is focusing on the potential escalation of the situation.
