Alumina prices have been trending strongly recently. In the futures market, Alumina's main contract 2509 continued to rise on July 21 and July 22, with single-day increases of 8.39% and 6.07% respectively. Each ton rose 300 yuan in 2 trading days. The latest price was 3,513 yuan/ton. The spot market is also showing significant gains. According to data from Shanghai Nonferrous Metals Network, as of July 22, the spot price of alumina has risen across the country, ranging from 25 yuan to 50 yuan per ton. Among them, the tonnage price of alumina in Guangxi increased by an average of 25 yuan to 3,290 yuan, and the average price of alumina tonnage in Henan increased by 50 yuan to 3,230 yuan. The sudden rise is closely related to recent policy signals. Recently, the head of the Ministry of Industry and Information Technology revealed at a press conference held by the Information Office of the State Council that work plans for steady growth in the top ten key industries, including steel, non-ferrous metals, petrochemicals, and building materials, will soon be introduced, and the Ministry of Industry and Information Technology will push key industries to focus on restructuring, improving supply, and eliminating backward production capacity. “This has triggered market expectations for supply-side tightening, particularly alumina.” According to Yide Futures analysis.

Alumina prices have been trending strongly recently. In the futures market, Alumina's main contract 2509 continued to rise on July 21 and July 22, with single-day increases of 8.39% and 6.07% respectively. Each ton rose 300 yuan in 2 trading days. The latest price was 3,513 yuan/ton. The spot market is also showing significant gains. According to data from Shanghai Nonferrous Metals Network, as of July 22, the spot price of alumina has risen across the country, ranging from 25 yuan to 50 yuan per ton. Among them, the tonnage price of alumina in Guangxi increased by an average of 25 yuan to 3,290 yuan, and the average price of alumina tonnage in Henan increased by 50 yuan to 3,230 yuan. The sudden rise is closely related to recent policy signals. Recently, the head of the Ministry of Industry and Information Technology revealed at a press conference held by the Information Office of the State Council that work plans for steady growth in the top ten key industries, including steel, non-ferrous metals, petrochemicals, and building materials, will soon be introduced, and the Ministry of Industry and Information Technology will push key industries to focus on restructuring, improving supply, and eliminating backward production capacity. “This has triggered market expectations for supply-side tightening, particularly alumina.” According to Yide Futures analysis.