[SMM Aluminum Futures Brief Review: Alumina Decline Slows, SHFE Aluminum Fluctuates and Rebounds] The opening of the alumina export window may lead some domestic supplies to flow into the international market, alleviating supply pressure. Domestically, the Two Sessions are expected to boost macro expectations. Although overseas trade barriers are intensifying, domestic enterprises and market sentiment have shown limited response so far. In the short term, the global aluminum market is expected to undergo structural adjustments influenced by policies. Continuous attention should be paid to the developments in European and American trade policies and changes in demand in major consumer markets.
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