[SMM Morning Commentary on Alumina: Tight Spot Market Leads to Firm Quotations; Downstream Remains Cautious, Keeping Prices Stable at High Levels] The current domestic market is at a stalemate between upstream and downstream players. Alumina plants are quoting firmly due to limited spot supply, coupled with issues such as scarcity of ore resources and rising caustic soda prices. Meanwhile, downstream aluminum smelters, faced with persistently high alumina prices, tend to prioritize executing long-term contracts, with only minor restocking needs. The confrontation between bulls and bears has led to sluggish trading in the spot market, while prices remain stable at high levels. Overall, supply and demand have both increased during this period, maintaining an overall balance in the domestic alumina market. Alumina spot prices are mainly fluctuating at high levels, and recent attention should continue to be paid to the progress of alumina plant resumptions and the stability of ore supply...
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.