The alumina futures prices are currently fluctuating without new upward drivers. The futures prices are supported at the bottom due to the firmness of the spot price quotes. Since August, there have been no signs of resumption of production in upstream Shanxi and Henan mines, while downstream electrolytic aluminum plants continue to have strong restocking demand. It is important to monitor the psychological changes of financial traders, producers, and essential buyers, as these are key factors influencing spot liquidity and price discovery.
