【SMM Alumina Morning Review: Earthquake in Gansu Linxia has not affected aluminum production, short-term spot prices are running relatively stable】Over the weekend, the extreme heavy snowfall in the northern region has basically ended, and it is expected that the shipping pressure in the northern region will be eased this week. In the near term, the fluctuation of supply in the alumina spot market is greater than demand, and the impact of ore and environmental protection on enterprise production capacity has deepened. In addition, the extreme heavy snowfall in the northern region last week reduced the efficiency of enterprise shipping, and downstream aluminum smelters have changed their procurement sources in response to the increase in alumina road freight, with both upstream and downstream enterprises showing an intention to increase their internal inventories. In the short term, the supply and demand situation in the market is relatively tight compared to the previous period, and domestic alumina spot prices are supported by multiple factors and are running relatively stable.
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