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Alumina Daily Review-Nov. 27th

2024-11-27

The spot market continues to follow an upward trend, but market participants remain uncertain about the overall market direction and feel the need for more data and time to make judgments. In the short term, the market is mainly in a wait-and-see mode, with transaction prices showing moderate and gradual increases. The price gap between real-time transaction prices in the region and the average quoted price on websites is narrowing. The market is still focused on how electrolytic aluminum companies with low inventory will cope with and manage the impact of increased snowfall in winter, as well as the potential decline in road transport efficiency due to the proximity of the two major holidays next year.

 

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