【SMM Analysis: Domestic Aluminum Oxide Spot Prices Stabilize in January, Overseas Spot Transactions Relatively Active】Overall, the short-term spot supply of domestic aluminum oxide remains relatively tight, and the pre-holiday spot prices still have some support, potentially maintaining high-level fluctuations. It is necessary to continue monitoring the recent resumption of production progress by aluminum oxide plants. In addition, the import window for aluminum oxide remains open this month, and according to SMM research, overseas aluminum oxide transactions were active this week, with two transactions potentially arriving at Chinese ports. It is important to continue monitoring the situation of imported aluminum oxide arrival at ports. In terms of futures, the previous macroeconomic boost in sentiment has subsided, and there are currently no factors influencing market trends. Short-term market fluctuations and adjustments are the main focus.
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