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Alumina Daily Review-Sept. 9th

2024-09-09

The price basis for alumina disc surfaces has widened relative to expectations. It is anticipated that throughout the week, there will still be sporadic parity or even slight declines in spot trading around the warehouses where deliveries are made. The overall supply of alumina in the spot market remains relatively tight. Small and medium-sized aluminum plants continue to replenish their stocks as needed, and traders are still buying spot alumina for long-term contracts. In the short term, spot alumina prices are expected to maintain a firm trend.

 

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