Alumina prices will continue to remain high in the short term

At present, China's domestic alumina prices are still expected to rise, and alumina prices are expected to remain high in the short term.

It is difficult to recover alumina production capacity from reduced production capacity in the near future, and it is difficult to change the tight supply situation in the alumina market in the short term. Overseas alumina plants are expected to resume partial production as early as 2022, and China has entered the autumn and winter heating season. Under the pressure of environmental protection policies, there are still expectations for production reductions.

Raw material prices are expected to remain high, giving strong support to the bottom of alumina prices. At present, the average profit of China's domestic electrolytic aluminum industry can still be maintained at a high level of about 500 US dollars/ton, which can effectively undertake the rise of alumina.

Chalco’s entire industry chain layout, high self-sufficiency rate to create core competitive advantages The company has an aluminum industry chain structure dominated by bauxite, alumina, electrolytic aluminum and aluminum alloys. It is the world’s largest alumina, alumina, and high-purity aluminum And aluminum anode production supplier.