The willingness to inquire about spot market prices remains strong, and the fundamental conditions in the aluminum oxide market continue to improve during this period. Prices are expected to maintain high levels and a premium pattern. Recently, companies such as Indonesia’s Mampawa, Jinjing Group, Qili Aluminum, Nanshan Group, and Tianshan Aluminum have made progress in the production, construction, and planned development of aluminum oxide, highlighting that Indonesia will exhibit concentrated aluminum oxide capacity release over the next 2-3 years.
