The factors that affect the price of aluminum ingots are:
1, the relationship between supply and demand
The relationship between supply and demand directly affects the market pricing of commodities. When the relationship between supply and demand is in a temporary balance, the market price of commodities will fluctuate within a narrow range. When the relationship between supply and demand is unbalanced, the price will fluctuate greatly. Recently, the aluminum ingot market is in a state of relative imbalance between supply and demand, and the market demand is sluggish under high inventory pressure.
2. Alumina supply
The cost of alumina accounts for about 28%-34% of the production cost of aluminum ingots. Because the international alumina market is highly concentrated, most of the alumina in the world (80%-90%) is sold through long-term contracts, so there is very little alumina available for trading in the spot market. Recently, the production reduction of alumina enterprises has caused differences in market views between buyers and sellers, and the transaction has entered a stalemate stage.
Extended data:
Classification and characteristics of aluminum ingots;
1, aluminum plate classification
Aluminum plates can be divided into 8 series according to the content of alloying elements, and can be divided into cold rolling and hot rolling according to the processing technology. According to different thickness, it can be divided into thin plate and medium plate. According to GB/T3880-2006 standard, aluminum foil with a thickness below 0.2 mm is called aluminum foil.
2, aluminum characteristics
Mainly zinc, but sometimes a small amount of magnesium and copper are added. Among them, superhard aluminum alloy contains zinc, lead, magnesium and copper alloy close to steel hardness. The extrusion speed is slower than that of 6 series alloy, and the welding performance is good. 7005 and 7075 are 7 series grades, which can be strengthened by heat treatment.