【SMM alumina morning review: a complex situation of production cutbacks and restarts, short-term price adjustments dominate】Given the current profitability of the domestic alumina industry, alumina companies are still willing to increase production. Some market participants are considering the supply increase brought about by the recent restart of some companies and, in a risk-averse sentiment, last week the northern market was dominated by trades with traders bidding at a premium. Northern spot prices saw a slight decline, but as there are no signs of production restart in the short term in the Shanxi and Henan regions, and with disruptions caused by the startup of some alumina production capacity in Shanxi recently, SMM believes that there is limited downward space for alumina prices. In the southwest region, Yunnan electrolytic aluminium has restarted early, providing some support to the spot prices of alumina in the southwest in the short term. SMM expects that in the short term, alumina spot prices may experience a mainly volatile adjustment with longs and shorts interweaving, pending further guidance on the progress of alumina production restart in Shanxi and Henan...
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.