Stock Track | Nanshan Aluminium International Plummets 5.03% Intraday on Weak Q1 Alumina Price Data

Stock Track

04/28

Nanshan Aluminium International's stock plummeted 5.03% during intraday trading on Tuesday.

The sharp decline followed the company's announcement of unaudited first-quarter 2026 data from its controlling shareholder, which showed a significant year-on-year drop in overseas alumina prices. The average price fell approximately 41% to USD 308 per ton, primarily due to global oversupply, lower bauxite costs, and seasonal demand softness.

While geopolitical tensions and refinery maintenance provided some price support in March, the overall weak price environment for alumina, a key material for the company, prompted negative investor sentiment and the sell-off.

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