Alumina Market Update: Futures Launch Spurs Price Arbitrage, Spot Prices Rise Amid Balancing Fundamentals

Publicado: Aug 28, 2024 09:00
[SMM Morning Commentary on Alumina: Alumina Options Set to Launch, Spot Prices Likely to Fluctuate at High Levels in the Short Term] As some newly-commissioned alumina production capacities begin to feed and some alumina production capacities in various provinces resume operations, the fundamentals of alumina are gradually shifting towards a relatively balanced supply and demand. However, the surge in alumina futures prices in the previous period has opened up the arbitrage window between alumina futures and spot prices, leading to an increase in demand for delivery products. As a result, some high-priced transactions have emerged in the market, driving up the SMM alumina index price...

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn
[SMM Morning Commentary on Alumina: Alumina Options Set to Launch, Spo - Shanghai Metals Market (SMM)