【SMM Weekly Review: Supply Side Growth and Decline in Parallel, Prices May Remain High and Volatile Under Tight Balance】This week, some alumina plants in the south and north of China have either reduced production due to equipment maintenance or energy supply issues, or have seen a decline in operating capacity compared with the previous period. On the other hand, some new alumina production capacity in China has entered the production stage recently, and this capacity is expected to be gradually released in July. Currently, the supply side of alumina is experiencing both growth and decline in parallel. The demand side is seeing steady progress in the resumption of production in Yunnan and the continuous commissioning of new projects in the third phase of Inner Mongolia Huayun, which will continue to drive demand growth. The current supply and demand of alumina in China are both increasing. SMM believes that the tight balance of domestic alumina has not yet changed, and the spot price of alumina will mainly remain high and volatile in the short term. Future attention should be paid to the progress of domestic new capacity coming on stream.
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.