What impact will the relaxation of Indonesia's bauxite export ban have on alumina and Shanghai aluminum prices?

Indonesia has superior mineral endowment. According to USGS data, Indonesia ranks among the world's leading mineral powers with its diversity and high reserves of metal minerals.

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LME base metals fell across the board, with oversupply concerns pushing LME aluminum prices to a three-month low

According to foreign news on July 16, on Tuesday, base metals on the London Metal Exchange (LME) fell across the board. Affected by concerns about oversupply, three-month aluminum fell to a low of more than three months.

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