Yuefeng Aluminum Technology statistics show that in July 2026, the average complete tax cost of the Chinese alumina industry was 2,742.45 yuan/ton, an increase of 22.34 yuan/ton compared to 2,720.11 yuan/ton in June, representing a month-on-month increase of 0.82% and a year-on-year decrease of 6.5%. The overall production cost of alumina in July showed a slight fluctuation. The domestic bauxite market operated stably overall, and the price changes of the main ore grades in various regions were limited. The supply of spot alumina in the north and south regions was significantly different, the supply-demand game was stalemate, and the price trend fluctuated narrowly. In terms of imported ore, due to the further intensification of conflicts and tensions in the Middle East, the oil price rose, affecting the freight costs in West Africa, causing the shipping costs to rise continuously in the early stage of this month, which had a certain upward push effect on the price, and combined with the increased active spot transactions, the price center slightly rose. The demand for liquid caustic soda remained weak, and the price slightly dropped; the price of thermal coal rose slightly due to the increase in electricity demand under high-temperature weather. In summary, due to the increase in the prices of minerals and coal, the monthly production cost increased.
