Alumina prices began to fall in north China and bearish sentiment was strong

On the supply side, alumina production has been frequently disrupted by environmental protection and maintenance issues, and the impact of ore supply stability on production has intensified. Despite recovering profit margins, refineries struggle to achieve high, stable production due to unforeseen ore supply and environmental issues. On the demand side, the effect of Yunnan aluminium production cuts on southwest region alumina prices will take time to show. Given the strong wait-and-see sentiment downstream and the emerging selling trend among some traders, domestic alumina prices may slightly drop.