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China Aluminum will again lower its alumina prices in the near term. From the perspective of market prices, alumina prices have fallen from the high of 4,800 yuan/ton during the year to the current 4,300 yuan/ton. Moreover, the price of international imported alumina has also been reduced from the previous 5,300 yuan/ton to the current 4,500 yuan/ton. In particular, last week, the price of alumina in the international market fell by 4% within a week, and the pressure on the recent downward adjustment of domestic alumina prices was very high.
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