【SMM early analysis on alumina: Warning of heavy pollution weather approaching, supply side disturbance adds uncertainty】
Recently, factors such as stable supply of ore and environmental protection have deepened the impact on alumina production capacity in the northern region. There is no significant change in downstream demand. SMM predicts that short-term domestic spot prices may remain strong and stable, and it is necessary to continue to monitor the development of the ore supply situation in Shanxi and Henan provinces, as well as the potential impact of the recent heavy pollution weather warning in Shandong on the production of alumina enterprises in the future.
![A00 sedikit terkoreksi, scrap aluminium tetap stabil secara keseluruhan [Tinjauan Harian Scrap Aluminium]](https://imgqn.smm.cn/usercenter/yOYEC20251217171653.jpg)

![[Tinjauan Harian Harga ADC12] Harga aluminium berjangka berfluktuasi di level tinggi; ADC12 spot menguat](https://imgqn.smm.cn/usercenter/FHiZE20251217171722.jpeg)
