[SMM Morning Comment on Alumina: Significant YoY Increase in Imported Bauxite, Alumina Center Shifts Downward Again] Recently, the tug-of-war between alumina buyers and sellers continues, with sporadic spot transactions observed in the alumina spot market, and transaction prices have seen a further slight decline. The domestic alumina export window has closed, and the total registered warrants in alumina futures delivery warehouses have exceeded 280,000 mt. Subsequent alumina exports and transfers to delivery warehouses are unlikely to provide sustained demand. On the fundamentals side, in the short term, alumina operating capacity is expected to increase and decrease simultaneously, with no significant decline in total operating capacity anticipated. The fundamentals of alumina remain in a slight surplus, and spot alumina prices are likely to fluctuate downward in the short term.
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.