The market is currently in an inertia-driven oscillation pattern. While the supply fundamentals have improved, they still remain tight, and the liquidity of the trading fundamentals has turned worse. At present, it is not easy to achieve profits through cross-regional price differences or short-term cross-period price differences. Most alumina enterprises have a strong willingness to maintain prices, but downstream aluminum plants are gradually reducing their willingness to purchase at high prices. There is a stalemate between buyers and sellers, and alumina is in a stage of oscillation and adjustment.