There are several reasons for the rise in aluminum prices.

First of all, the global demand for aluminum has greatly increased. Although the inventory is very abundant, due to the full orders from various ports, the supply of containers for transporting industrial metals is completely insufficient, and the transportation of aluminum cannot be completed.

This has also led to a further increase in the transportation cost of aluminum prices.

Secondly, China began to cut the output of energy-consuming metal materials such as aluminum, which worried the market, and thought that there might be a certain shortage of aluminum supply in the future, and the panic also triggered the price increase.

1. International futures prices rose rapidly. Second, in the post-epidemic era, the demand of downstream industries broke out. Third, the output of aluminum refining production enterprises has not been adjusted accordingly. The unbalanced development of supply and demand has led to the rising price of aluminum from the first half of this year to the present. Not only aluminum, but also the whole non-ferrous metal industry.