Alumina Market Update: Spot Prices Bolster Support; Futures Show Near-Term Strength Amid Long-Term Weakness

Published: Sep 6, 2024 08:53
【SMM Early Commentary on Alumina: Spot Prices Provide Strong Support; Alumina Futures Maintain Strong Near-term and Weak Far-term Performance】On the demand side, there have been some disturbing news in the electrolytic aluminum sector recently. Due to the continued high temperatures in Sichuan Province, some electrolytic aluminum enterprises need to limit their electricity consumption by 5-10% during peak hours, but this has not yet had a substantial impact on the production of electrolytic aluminum. Short-term alumina demand...

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