SMM February 8 News:
Since January 2025, domestic spot alumina prices have experienced a sharp decline. As of February 7, the SMM Alumina Index stood at 3,688 yuan/mt, down 1,987 yuan/mt from the January 2 SMM Alumina Index price of 5,675 yuan/mt, representing a drop of 35.0%. Alumina profit margins have narrowed, and bauxite prices are under pressure, dropping back slightly.

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