Alumina prices have been showing individual regional price reductions at the factory level, with trade supply being the main source and small to medium-sized alumina enterprises providing sporadic supply. Some suppliers have been offering quotes approaching below 5,700 RMB/ton. Since the beginning of this month, overseas transaction prices have continued to decline, and the flow of sales in the overseas market has relatively improved. Domestic market exports have decreased compared to earlier periods. Additionally, the procurement intentions for inventory replenishment from regions like Inner Mongolia and Xinjiang have increased, which could put pressure on domestic supply and bargaining power. As a result, there is a potential for a decline in net alumina exports.
