SMM News on July 19: Recently, alumina futures have maintained a backw

Published: Jul 19, 2024 18:11

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SMM News on July 19:
Recently, alumina futures have maintained a backwardation structure, and the price difference between months has widened. The market sentiment for alumina futures in late 2024 to early 2025 is relatively bearish. SMM analysis suggests that the reasons may be: (1) the market expects an increase in subsequent alumina operating capacity, and there may be an increase in alumina supply...

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