【SMM Early Review of Alumina: Expected Increase in Imported Ore Supply, Short-term Alumina Capacity Utilization Rate May Rise Further】On Tuesday, the market reported that due to production cuts at overseas alumina plants, some imported ore spot cargoes will flow into the Chinese market. According to SMM research, the total volume of these ore spot cargoes is around 800,000 tons. If all of them are imported into China, it will bring about an expected increase of about 300,000 tons in domestic alumina production. SMM will continue to monitor the subsequent impact. As for domestic mines, there is still no news of mass production resumption in the Shanxi and Henan regions. On the demand side, the steady progress of production resumption in Yunnan has released positive signals for demand. The alumina market has been fluctuating at a high level recently, and the overlay of arbitrage opportunities and the expansion of alumina delivery warehouses in the near future has brought about an expected increase in demand for delivered alumina. Overall, the current tight supply situation of alumina continues, and it is expected that the spot price of alumina will mainly fluctuate and adjust in the short term. It is necessary to continue to pay attention to the recent increase in imported ore supply and the expected resumption of domestic ore production.
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.