During 2025, aluminium sulfide prices were expected to move toward a more balanced trend as some new alumina refining capacity in Asia helped ease the severe supply tightness seen during 2024. However, the market was still exposed to bauxite supply risks, Chinese environmental controls, trade policy uncertainty, and elevated energy costs. These factors limited the scope for a sharp correction, especially for producers dependent on aluminium-chain inputs and power-intensive processing. Demand remained supported by water treatment, paper and pulp, chemical processing, metallurgy, ceramics, and selected high-purity applications in electronics and specialty materials. Industrial buyers were expected to maintain cautious procurement strategies, with purchasing tied closely to immediate production requirements rather than long-term inventory accumulation. Compared with 2024, the market outlook appeared less disruption-driven, but cost pressure and raw material risk continued to shape sentiment. Overall, 2025 reflected a shift from volatile supply-led movement toward steadier pricing, with moderate demand and improving upstream availability balancing persistent production-cost pressure.