China Alumina Inventory Accumulates as Middle East Supply Tightens, May 20

GateNews
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According to Foshan Gold Control Futures research on May 20, China's alumina inventory continues to accumulate amid ongoing supply disruptions in the Middle East. The Strait of Hormuz passage remains restricted, with multiple regional aluminum smelters maintaining reduced output or suspending production, weakening alumina demand. Combined with domestic production capacity resuming recovery, domestic alumina inventory levels are mounting and prices are expected to weaken in near-term trading.
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