The alumina price is expected to be supported by production cuts in the second quarter." Market participants said that against the backdrop of continued production cuts at smelters, the global alumina market is expected to be supported by a decline in output in the second quarter. The latest sanctions on Russian aluminum imposed by the United States and the United Kingdom may potentially disrupt trade flows. Although Australian alumina FOB prices basically fluctuated within the range of US$360/ton in the first quarter after surging from the end of December to early January, the alumina smelter in Kwinana, Western Australia, plans to cut production across the board from the second quarter, leading to a rise in spot prices since April.
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