[SMM Analysis: Alumina Production Increased Both MoM and YoY in November, New Projects in December Still Need to Be Tracked]
SMM, December 6: According to SMM data, in November 2024 (30 days), China's metallurgical-grade alumina production increased 0.71% MoM and was up 8.80% YoY. As of December 6, China's existing capacity for metallurgical-grade alumina was approximately 103.07 million mt, with the actual operating capacity up 3.24% MoM and an operating rate of 86.63%. From January to November 2024, the cumulative production of domestic metallurgical-grade alumina increased 4.41% YoY.


![[Los futuros del aluminio extienden su rebote con el centro moviéndose al alza; el aluminio al contado se mantiene estable en todos los ámbitos; el crecimiento de la oferta sigue presionando los precios - Comentario matutino de alúmina de SMM]](https://imgqn.smm.cn/usercenter/kxYyQ20251217171651.jpg)
