Alumina Market Shifts: Arbitrage Opportunities Spark High-Price Deals, Driving Short-Term Price Volatility

Publié: Aug 26, 2024 08:49

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[SMM Early Morning Commentary on Alumina: Arbitrage Opportunities Open Up, Market Sees High-Price Deals, Alumina Spot Prices Likely to Fluctuate at High Levels in the Short Term] As some new alumina production capacities have commenced feeding and some alumina production capacities in various provinces have resumed operations, the fundamental outlook for alumina is gradually shifting towards a relatively balanced supply and demand. However, the recent surge in alumina futures prices has opened up arbitrage opportunities between futures and spot markets, leading to an increase in demand for delivery products. This has resulted in some high-price deals in the market, driving up the SMM alumina index price...

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