Price Trends in the Aluminum Industry Chain Show Divergence

The main contract for alumina futures in the domestic futures market, 2601, has fallen below the 2,500 yuan/ton mark, becoming the commodity with the largest decline of the day. As a core material for electrolytic aluminum, the current price of alumina has "halved" compared to the high point of 5,500 yuan/ton a year ago. Meanwhile, the price of downstream electrolytic aluminum continues to rise under the strong pull of non-ferrous commodities, breaking through recent highs, creating a "polarized" situation between the alumina market and electrolytic aluminum. With the dual support of rising prices and declining costs, the profitability of electrolytic aluminum enterprises is steadily increasing, while some alumina enterprises are facing losses